Mutual funds

Saturna Capital Corporation, investment adviser to the Amana, Sextant, and Idaho Tax-Exempt Mutual Funds, has launched the Sextant Global High Income Fund, a flexible mandate fund which seeks high income from a globally diversified portfolio of debt and equity securities.

A group of alternative mutual funds is kicking off its second annual advisor road show today in hopes of educating advisors on the benefits of alternative investing and, ultimately, winning business.

The usage of defined contribution plans and collective investment trusts is growing quickly, resulting in a big impact on the ways that pension holders invest for the future, according to research released by SEI.

New York Life's Investments Group, which offers retail mutual funds through its MainStay Funds family, set new sales records for MainStay mutual funds.

Invesco says shareholders of the Invesco High Income Municipal Fund and the Invesco U.S. Mid Cap Value Fund have approved a plan to merge those funds into the Invesco Van Kampen High Yield Municipal Fund and Invesco Van Kampen American Value Fund, respectively.

It’s almost a done deal.

Chicken Little was wrong about municipal bonds and the funds that invest in them.

New York-based Fred Alger Management, Inc. today launched a new interactive timeline, dubbed "Three Leaders, One Vision," on the firm’s website detailing the history of the firm’s leadership.

New York Life Investments today said it achieved company records in both gross and net sales in 2011.

Financial advisors are increasingly turning towards alternative investments and tactical asset allocations in response to market turbulence, according to a survey released by Curian Capital.

Asset manager and fund administrator North Trust Corp. announced a number of leadership changes, including the hiring of David Fox Jr. as head of Northern’s Corporate & Institutional Services (C&IS), for the Americas. Also, Northern Trust Vice Chairman and Management Group member Sherry Barrat will retire at the end of June.

Americans held $4.5 trillion in all employer-based DC retirement plans on December 31, 2011, of which $3.1 trillion was held in 401(k) plans, according to data from the Investment Company Institute.

Morningstar’s fund analysts have assigned a Gold rating to just one fund in the past weeks: T. Rowe Price Tax-Free High-Yield (PRFHX).

Morningstar's fund analysts have assigned a Gold rating to just one fund in the past weeks: T. Rowe Price Tax-Free High-Yield (PRFHX).

Money market mutual fund assets dropped by $15.20 billion to $2.590 trillion for the week ended Wednesday, April 4, according to data from the Investment Company Institute.

Olney, M.D.-based Arrow Investment Advisors has named Joseph Cunningham to the newly created role of Director of Capital Markets.

Socially responsible investing has increasingly become hot over the past five years.

A federal judge has declared that Fidelity Investments and the American uni

Here is what investors get told, before investing in one set of exchange-traded notes:

Norwood, Mass.-based W.E.Donoghue & Co., Inc. has struck up a distribution deal with Mutual of Omaha’s Retirement Plans Division to distribute its Power Income Fund to retirement plan participants.