Mutual funds

OppenheimerFunds has launched the CEO Advisor Institute, which combines business management, personal and professional development content and investment thought leadership for advisors.

Sector ETFs have grown 49% at Charles Schwab over the past year—the firm’s fastest growing asset category, according to a 3Q ETF snapshot Schwab officials discussed on a conference call on Friday.

Facing a growing demographic of Americans who likely have not saved enough for retirement, BlackRock launched The BlackRock Retirement Center, a new digital retirement platform that offers individuals access to resources, tools and insights about their pending retirement.

The move by Vanguard, the nation's third largest manager of ETFs, to change the benchmark on 22 of its index funds and ETFs earlier this month reverberated throughout the indexing industry, placing it squarely on the battlefield as the pricing war between two of the biggest ETF makers rages on.

Total money market mutual fund assets increased by $5.84 billion to $2.568 trillion for the week ended Wednesday, October 17, according to data from the Investment Company Institute.

Municipal bond mutual funds saw inflows for the 27th consecutive week. Funds that report their flows weekly recorded inflows of $621 million for the week ended Oct. 17.

Total money market mutual fund assets increased by $5.84 billion to $2.568 trillion for the week ended Wednesday, October 17, according to data from the Investment Company Institute.

OppenheimerFunds is prepping a diversified alternative fund that will bet on its own offerings.

Morningstar’s fund analysts doled out two Gold ratings in the past week to funds managed by Franklin Templeton Investments and Aston Funds.

Here’s one alternative fund that won’t be on advisors’ list this Christmas.

Continuing a blitz of new fund and ETF activity over the past few weeks, BlackRock has filed to launch four more funds, including two multi-asset funds and two short-term bond funds, according to a report by Morningstar.

For the week ended Wednesday, October 17, investors injected $10.6 billion into open-end funds and exchange-traded funds and another $13.1 billion into money market funds, according to data from Lipper.

Franklin Templeton Investments announced the launch of its new online, interactive retirement center for advisors and plans sponsors on Thursday.

Vienna, Va.-based software company Eloqua, known for its marketing software, released Eloqua Asset Management, which it touts as the first-ever platform of marketing software aimed at institutional asset managers, mutual fund wholesalers and marketers in the financial services sector.

Putnam Advisory, a unit of Boston-based Putnam Investments, was charged yesterday by Massachusetts state regulators with deceiving investors who purchased about $3 billion in mortgage-related securities created and sold by Putnam several years ago.

BOSTON - The membership of the National Investment Service Company Association voted to change the trade association's legal name to simply NICSA.

The membership of the fund services industry association Thursday morning named five new directors to its board and Fred Naddaff of Sungard as the board's chairman.

In a financial services version of Woodstock 2012, more than a dozen exchange-trade fund providers including iShares, Vanguard and State Street have come together in an attempt to make ETFs as much a part of retail investors’ lexicon as mutual funds.

Think target-date funds are the default choice du jour for define contribution plan sponsors? Think again.

Curian, Putnam Investments and the John Hancock Funds have won top honors in the 10th Annual NOVA Awards, which honor outstanding leadership and achievement in mutual fund operations and marketing.