Mutual funds

Lynette DeWitt, former Research Director - Financial Product Development, Marketing, & Distribution, at Boston Financial Data Services, has left the firm.

Traditional mutual funds may have recovered the ground they lost in the market turmoil of 2008, but even so, investors are not convinced that active management gives the best bang for their buck.

The U.S. Department of Labor's new regulations on 401(k) fee disclosures will serve as a wake-up call to plan sponsors and participants alike, once they stop hitting the snooze alarm, that is.

The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own .They got to $20 million in assets, mostly from friends and family. Then, he died.

Federated, which bought more than $4 billion in money fund assets from Fifth Third earlier this month, has folded some $929 million in assets of Performance Funds Trust into its portfolio.

Federated Investors is on a roll.

Global X Funds, the New York-based provider of exchange-traded funds is liquidating four funds next month.

WisdomTree is betting that its latest exchange-traded fund, WisdomTree China Dividend ex-Financials ETF (CHXF), will satisfy investors’ appetite for Chinese dividend-paying stocks outside of the financial sector.

No, not that Bush.

RBC Global Asset Management has added Tom Heflin and Christina Cryer to further drive the expansion of the firm’s distribution team.

Putnam Investments is looking help shorten the learning curve for advisors when it comes to social media.

INDIANAPOLIS-The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own.

The total assets held by money market mutual funds slipped to $2.568 trillion, falling by $10.3 billion, for the week ended Sept. 19, according to data from the Investment Company Institute.

As interest rates look to remain low for the foreseeable future, investors are searching for income, and rediscovering an old instrument: closed end funds. But why so much enthusiasm now?

The investment fund industry in Asia is nascent.

Earlier this year, Deborah Fuhr, who formerly served as Global Head of ETF Research and Implementation Strategy at BlackRock and Barclays Global Investors, and co-founders Shane Kelly and Matthew Murray started London-based research company ETFGI.

INDIANAPOLIS-The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own.

The U.S. Department of Labor's new regulations on 401(k) fee disclosures will serve as a wake-up call to plan sponsors and participants alike, once they stop hitting the snooze alarm, that is.

CLS Investments, a third party money manager, has promoted Todd Clarke to the position of chief executive officer.

A group of eight competing alternative mutual funds have once again come together to launch a six-city tour that will gather advisors for discussions of alternative strategies and tips on how to build an alternative fund portfolio.