Mutual funds

Mutual fund families routinely, and on purpose, use the capital in affiliated funds as “insurance pools” to offset or prevent cash shortfalls in other funds within family, according to research released by the Kelley School of Business at Indiana University.

T. Rowe Price has unveiled the iPad edition of T. Rowe Price Investor, the company’s quarterly magazine for mutual fund shareholders.

The exodus of capital from mutual funds investing in domestic stocks slowed down last week.

In order to improve investor access to the fund, PIMCO will change the NYSE ticker for its Total Return ETF from TRXT to BOND on April 4, 2012.

T. Rowe Price today unveiled the iPad edition of T. Rowe Price Investor, the company’s quarterly magazine for mutual fund shareholders.

Guinness Atkinson Asset Management, advisor to the Guinness Atkinson Funds, has launched a new equity aimed at providing investors with current income and consistent dividend that will exceed inflation.

Multi-asset manager Virtus Investment Partners has launched a mobile app designed to give users access to what the firm has to say about the latest developments in the financial markets.

Retirement plan provider ShareBuilder 401k has expanded its All-ETF 401(k) platform with five new funds.

Financial services firms, including mutual fund managers, admitted that they invited negative public perception by their actions, or inactions, according to the 2012 Makovsky Wall Street Reputation Study.

Aston Asset Management, LP has promoted Mark Kim to managing director, Southeast Region where he will be responsible for external sales. Kim has been with Aston for seven years.

Dallas, Texas-based Pyxis Capital, L.P. has launched the Pyxis Natural Resources Fund to invest all of its assets in the Ascendant Natural Resources Master Fund, which is managed by Ascendant Advisors, LLC.

Horizon Investments has launched a no-load actively-managed mutual fund that invests in exchange-traded funds.

Peter Graham is the head of Product Development and Marketing at New York-based Mirae Asset Global Investments (USA), an arm of an Asian financial services firm that tries to provide investors in the United States with access to investments in emerging markets.

Horizon Investments has launched a no-load actively-managed mutual fund that invests in exchange-traded funds.

Bank of America today released a its own version of a multiple employer plan for small businesses, dubbed Merrill Edge Small Business 401(k), targeting plan sponsors with 401(k) plan assets under $250,000.

Wilshire Associates Inc. has promoted John Hindman to the role of president of the firm.

The people and events that took center stage in Phoenix, starting March 19.

Total money market mutual fund assets decreased by $15.49 billion to $2.622 trillion for the week ended Wednesday, March 21, according to the Investment Company Institute.

Well, Fidelity’s chief executive won’t personally meet the oracle of Omaha but a contingent of his senior executives will, Fortune reports .

Total money market mutual fund assets decreased by $15.49 billion to $2.622 trillion for the week ended Wednesday, March 21, according to the Investment Company Institute.