Mutual funds

John Hancock Financial, the US division of Manulife Financial Corporation, has named Sebastian Pariath as head of John Hancock Operations, effective January 1, 2013.

San Francisco's Charles Schwab Investment Management emerges as yet another firm seeking an alternative to traditional preservation methods, filing for an actively managed ETF that specifically seeks capital preservation and daily liquidity.

Investors, still high on the muni market, continue to allocate money to municipal bond mutual funds, to the tune of $545 million.

Christmas came early for the FPA Perennial fund this year in the form of a Gold rating from Morningstar.

Fidelity Investments is fast becoming the mutual fund provider choice du jour among advisors north of the border.

Perhaps it's time to ditch the thinking that money market and stable value funds are the only major cash preservation vehicles.

BMO Global Asset Management as added the BMO Short Tax-Free Fund (MTFYX, MTFIX) to its lineup.

While most companies seem hesitant to spend their cash, at least one company is eager to take advantage of sluggish market activity to grow.

Compass EMP Funds may have just launched 13 new mutual funds, but the Nashville, Tenn., firm isn't finished just yet.

Kayne Anderson Rudnick, a boutique investment adviser and affiliated manager of Virtus Investment Partners, has promoted Doug Foreman to co-chief investment officer, effective January 1, 2013.

For the week ended Nov. 20, investors yanked an estimated $7.51 billion from U.S. stock funds, bringing total outflows to more than $131 billion for the year.

Mutual funds experienced outflows of some $5.52 billion for the week ended Tuesday, November 20, according to the Investment Company Institute.

Exchange-traded funds hit a speed bump last month after coasting through much of the year in the black.

Compass EMP Funds announced today that it has increased its fund lineup more than fivefold with the launch of 13 new mutual funds.

Portland, Ore.-based alternative mutual fund shop Bandon Capital Management has added Terry Swenson as Managing Principal, responsible for the firm’s distribution strategy in intermediary channels.

The Nationwide Funds Group is taking two tacks to drive growth of assets: eliminate redemption fees and buying funds, including some from UBS.

The Nationwide Funds Group is taking two tacks to drive growth of assets.

Direxion has merged its websites for Direxion Funds and Direxion Shares to give its advisors and investors a one-stop online shopping destination.

Sure, investors still feel nervous, companies are hesitating to spend cash, and all attention is on fixed income and bond funds.

Loomis, Sayles & Company has added Peter Frick as an emerging markets debt portfolio manager alongside co-managers Edgardo Sternberg and Dave Rolley.