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The Value Line Asset Allocation Fund has been added to the Schwab Mutual Fund OneSource Select List. The fund is ranked in Lipper's top 12% for the 10-year period.
August 13 -
Setting up a mutual fund in China or India may be appealing to U.S. fund companies because of the growing affluence and high savings rates in those countries. But it is a long and multi-faceted process.
August 13 -
The last decade has been rough for the mutual fund industry. This means boards of directors must have the tools for overseeing compliance and take on the oversight.
August 13 -
Morningstar has unveiled a medal count for the 106 funds covered under its new Morningstar Analyst Ratings, with five funds garnering Gold; 22 earning Silver, and 39 netting Bronze. Rounding out the rankings, 38 funds receiving Neutral ratings and two received negative.
August 13 -
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On August 13, 2012, The last decade has been rough for the mutual fund industry. This means boards of directors must have the tools for overseeing compliance and take on the oversight.
August 10 -
On August 10, 2012, On August 30, the Department of Labor's Employee Benefits Security Administration participant fee disclosure rule, dubbed ERISA 404(a)(5), will go into effect.
August 10 -
On August 10, 2012, Equity mutual funds and exchange-traded funds reported net redemptions of $4.1 billion, continuing their roller coaster ride over the past eight weeks, according to data provided by Lipper analyst Matthew Lemieux.
August 10 -
On August 10, 2012, Custom target-date strategies will hold 22% of 401(k) target-date assets by 2016, or $218 billion, according to research from Cerulli Associates. That will be a nearly four-fold increase from the 2011 asset level of $46.4 billion.
August 10 -
On August 10, 2012, The Securities and Exchange Commission Friday charged a Florida-based investment manager and his firm for failing to provide SEC examiners with records of a mutual fund advisory business that invested in NASCAR-related stocks.
August 10 -
On August 10, 2012, Morningstar has just unveiled a medal count for the 106 funds covered under its new Morningstar Analyst Ratings, with five funds garnering Gold; 22 earning Silver, and 39 netting Bronze. Rounding out the rankings, 38 funds receiving Neutral ratings and two received negative.
August 10 -
On August 10, 2012, Janus Capital Group has entered into a strategic alliance with the The Dai-ichi Life Insurance Company, in which Japans third largest life insurer will acquire up to 20% of Januss outstanding shares and invest at least $2 billion in Janus investment products
August 10 -
On August 9, 2012, Hatteras Funds has rehired Michael Hutten as an executive director, responsible for leading sales initiatives in the Western U.S. region, focusing on investment consultants, Registered Investment Advisors, and broker/dealers.
August 9 -
On August 9, 2012, A pair of mutual fund firms this week reported an uptick in assets under management for July.
August 9 -
On August 9, 2012, Mutual funds dropped $1.19 billion for the week ended Wednesday, August 1, according to data from the Investment Company Institute.
August 9 -
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On August 8, 2012, US ETF assets totaled $1.19 trillion as of July 31, 2012 up 13.8% year-to-date, according to the latest ETF Snapshot report from State Street Global Advisors
August 8 -
Since the beginning of the year, U.S. stock funds have lost more than $64 billion in outflows.
August 8 -
On August 8, 2012, Operating margins in the global asset management industry have recovered from their 2009 lows, at a median 32% in 2011, yet they remain below pre-crisis levels, according to new research by U.S. Institute, McLagan and Casey, Quirk & Associates.
August 8 -
On August 8, 2012, Emerald Asset Advisors has restructuring its flagship allocation fund, formerly dubbed the EAS Genesis Fund, to a more focused alternative investment mandate.
August 8
