Mutual funds

On April 23, TD Ameritrade ramped up its sales team with a new hire.

On Pril 23, Gus Fleites confirmed his departure from Invest n Retire.

On April 23, 2012, MME reported that PIMCO will open its first Latin American office, in Rio de Janeiro, Brazil, in September 2012.

On April 23, two research firms revealed their fee expense studies for 2011.

The nascent active exchange-traded fund space, currently populated by PIMCO, AdvisorShares and Guggenheim Partners, may soon get a new entrant.

On April 20, Strategic Insight found that institutionally priced mutual funds are gaining traction among large plan sponsors.

Boston-based Affiliated Managers Group has agreed to acquire a majority equity interest in Yacktman Asset Management Co.

If you want to ace your examinations by the U.S. Securities and Exchange Commission, remember these three phrases: fund governance, fraudulent activities and performance and advertising.

Advisors feel that social media is a "wise use" of asset managers' time and resources and just over one-third believe asset management firms are "not yet seeing the value" of social media, according to a study by American Century Investments.

On April 20, Nuveen funds earned Morningstar Negative ratings.

On April 20, SS&C CEO said he is 'Very confident' now of GlobeOp takeover.

Institutions say they will sharply reduce their use of money market funds if the Securities and Exchange Commission (SEC) adopts either a net asset value float, a redemption holdback or capital buffer requirements on the industry, according to a report released by the Investment Company Institute.

On April 19, RidgeWorth unveiled a new branding service for advisors.

On April 19, 2012, Capital markets tech provider Broadridge Financial Solutions, Inc. has launched a new corporate website by which mutual fund executives can shop for software systems and services.

On April 19, MMe learned that Neuberger is launching a multi-strat alternative fund within the next few weeks.

On April 19, 2012, U.S. treasurers say they will sharply reduce their use of money market funds if the Securities and Exchange Commission (SEC) adopts either a net asset value float, a redemption holdback or capital requirements on the industry, according to a report released by the Investment Company Institute.

Some firms grow organically, pumping out funds. Then, they hire reps and distributors to market and sell their offerings.

On April 18, Russell Investments added Tom Goodwin in the newly created role of senior research director for Russell Indexes.

On April 18, Boston-based Affiliated Managers Group, Inc. (NYSE: AMG), has agreed to acquire a majority equity interest in Yacktman Asset Management Co.

Ask any advisor and he or she will tell you that clients can’t get enough of long-term growth mutual funds. Here’s an interactive slide show featuring the five best performers so far this year.