Mutual funds

New research from Cerulli Associates finds that passive mutual fund assets have increased 95% since 2008, jumping from $572 billion in 2008 to $1.1 trillion through the first half of this year.

The Wilmington Rock Maple Alternatives Fund has dropped Whitebox Advisors as one its many subadvisors, Money Management Executive has learned.

Contrarian shop Dreman Value Management is nixing its lineup of five mutual funds citing a lack of investor interest, increasing operating costs and a tougher regulatory landscape.

A year ago, Morningstar introduced its forward-looking analyst ratings system for the mutual funds it covers in the United States.

Nuveen Investments has added equities veteran Bob Doll to its asset management team.

The Investment Company Institute, noting its disagreements with outgoing Securities and Exchange Commission chairman Mary L. Schapiro, lauded the “record of accomplishment” of the woman nominated to succeed her.

Legg Mason has joined as one of a handful of firms to win approval from the Securities and Exchange Commission to launch active exchange-traded funds.

President Obama has nominated commissioner Elisse B. Walter, a critic of the mutual fund industry, to succeed Mary L. Schapiro as chairman.

Say howdy to Salient Partners L.P.'s new master limited partnerships and energy infrastructure fund.

Securities and Exchange Commission Chairman Mary L. Schapiro said she will leave her office before the end of the year.

Investors will continue to pour money into funds, especially into target date funds and ETFs, according to a report on mutual funds from Tiburon Strategic Advisors.

Regulatory reform is about to exact its price.

Investors will continue to pour money into funds, especially into target date funds and ETFs, according to a report on mutual funds from Tiburon Strategic Advisors.

There's growing concern in the mutual fund space about new regulatory requirements designed to increase transparency about business practices and generally expected to raise the stakes for fund firms and managers.

Ouch! Long-term mutual funds saw $2.99 billion in outflows for the week ended Wednesday, Nov. 14. That's a steep drop from $6.19 billion in inflows the week prior.

First Trust Advisors has filed with the Securities and Exchange Commission to launch an active exchange-traded fund that will bet on the commodity futures market.

For the week ended November 14, investors pulled an estimated $6.6 billion from mutual funds that invest long-term in U.S. equities, bringing total outflows for the year to more than $123 billion.

The Generations Multi-Strategy Fund, a separate series of the Northern Lights Fund Trust, is liquidating after four years of trading.

President Barack Obama has been re-elected. Is there portent for the mutual fund and exchange-traded fund industry?

Goldman Sachs now wants to be the lowest cost provider of execution services. That means more technology, fewer hands.