Mutual funds

Aston Asset Management announced that its mutual fund assets under management exceeded $10 billion, as of the close of business on January 19. Aston surpassed the $10 billion mark shortly after celebrating its five-year anniversary.

Firsthand Technology Value Fund said that Facebook is now its largest holding, representing more than 5% of the fund’s net assets. Yelp, another social networking company, is also among the fund's top five holdings.

Even as the company sets out on a second round of cost-cutting in Project New BAC, chief executive officer Brian Moynihan said the company considers Wealth Management one of its core businesses – and will increase efforts to build it up.

Investors are getting fixated on fixed income, in the next wave of global investing. A Q&A, with Gregory E. Johnson, new Chairman of theInvestment Company Institute

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Vanguard Chief Investment Officer Gus Sauter challenged the exchange-traded fund industry to be responsible in developing new products and also called for greater efforts to educate investors about ETFs.

Investors are getting fixated on fixed income in the next wave of global investing. Here's a Q&A with Gregory E. Johnson, the new chairman of the Investment Company Institute.

SEC OKs NYSE Merger; e ETFs Grow 20.6 Percent; Investors Venture Back Into Stock Mutual Funds

You've heard of structured products. These largely were complex securities based on lots of streams of cash in underlying loans whose flows were not well predicted. There was a credit crisis associated with them in 2008.

Investors steered $1.43 billion into stock mutual funds during the week ended Wednesday, Jan. 11, breaking a near nine-month spell of investor redemptions that totaled more than $172 billion, according to the latest statistics from the Investment Company Institute.

Investors steered $1.43 billion into stock mutual funds during the week ended Wednesday, Jan. 11, breaking a near nine-month spell of investor redemptions that totaled more than $172 billion, according to the latest statistics from the Investment Company Institute.

The SEC has charged an investment advisory arm of UBS with overstating the prices of securities in three mutual funds, some times by more than 100%.

Retail investors in municipal bonds got whipsawed in 2011.

The number of listed exchange-traded funds grew 20.6% in 2011 and the number of listed exchange-traded notes grew 53.8%, according to U.S. figures developed by the Exchange-Traded Fund Association.

The world's largest asset management firm will be the first to list securities on a BATS Global Markets electronic venue that now competes for listings on the New York Stock Exchange and Nasdaq Stock Market. BlackRock will list eight single-country ETFs with BATS. Based on MSCI Indexes, the ETFs will cover: Australia, Canada, Finland, Germany, India, Norway and the U.K. The Norway fund will start trading Jan. 24 and the other funds soon after.

Drum roll, please.

Investors worldwide pulled $171 billion out of mutual funds in the third quarter of 2011, according to statistics released late Thursday by the Investment Company Institute.

Investors worldwide pulled $171 billion out of mutual funds in the third quarter of 2011, according to statistics released late Thursday by the Investment Company Institute.

The world's largest asset management firm will be the first company to list securities on a BATS Global Markets electronic venue that now competes for listings on the New York Stock Exchange and Nasdaq Stock Market.

Drum roll, please.