Mutual funds

Putnam Investments has launched the Putnam Short Duration Income Fund, a fixed income fund that aims to combine the capital preservation appeal of a money market fund with the higher yield of an ultra-short bond fund.

S&P Capital IQ mutual fund analyst Todd Rosenbluth highlights three five-star mutual funds for advisors and analysts to keep an eye on this year.

How the big bank stress test strategy could bolster your clients' portfolios against market volatility.

Financial advisors can now purchase T. Rowe Price Advisor Class shares for their clients at no transaction fee on the Schwab Mutual Fund OneSource platform.

Former Wasatch Portfolio Managers Robert Gardiner and Blake Walker, who formed Grandeur Peak Global Advisors, have launched their first two mutual funds: the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund.

Former Wasatch Portfolio Managers Robert Gardiner and Blake Walker, who formed Grandeur Peak Global Advisors, have launched their first two mutual funds: the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund.

In light of the continued market volatility, Russell Indexes is expanding its Defensive and Dynamic Indexes to cover all 10,000 stocks that it tracks around the world.

Vanguard has filed with the SEC to offer the Vanguard Target 2060 Retirement Fund for those currently 18 to 20 years old, and early next year will merge the Vanguard Target Retirement 2005 Fund and the Vanguard Target Retirement Income Fund, as their allocations have become nearly identical.

Investors pulled $3.93 billion from long-term mutual funds in the week ended Oct. 19, the Investment Company Institute said.

Running its quantitative screens for its annual rebalancing, the Hennessy Focus 30 Fund turned up two sectors that at first puzzled Neil Hennessy, chairman and chief investment officer of Hennessy Funds: energy and utilities.

NEW YORK—Running its quantitative screens for its annual rebalancing, the Hennessy Focus 30 Fund turned up two sectors that at first puzzled Neil Hennessy, chairman and chief investment officer of Hennessy Funds. Energy. And utilities.

State Street Global Advisors, the asset management business of State Street Corporation, has announced changes to the indices and names of five financial industry SPDR ETFs.

Having made changes to the fund’s investment capacity, the $6.6 billion Eaton Vance Macro Absolute Return Fund is reopened to additional investments.

At the start of October, the Investment Company Institute announced it was going global.

FPA has launched the International Value Strategy portfolio, with plans to roll out a mutual fund version in the near future.

David Blaine is an illusionist, often referred to as a modern-day Houdini.

Here are the photos of the people who attended Money Management Executive's 2011 NOVA Awards presentation -- and the 2011 NOVA Awards winners. Below, see Doug Chittendon, President of TIAA-CREF, accepting the Innovation in Customer Experience Platinum Award from SourceMedia EVP and Managing Director Bruce Morris. For the complete slide show, click here.

Ashmore Investment Management, an emerging markets specialist headquartered in London, has introduced the Emerging Markets Small Cap Equity Fund.

Investors withdrew $5 billion from U.S. stock and bond long-term funds in September, Strategic Insight reports. This was a "significant improvement" from August, when open-end and closed-end mutual funds (excluding ETFs and VA sub-accounts) were hit with $33.6 billion in outflows following the downgrade of the U.S. debt rating.

Mutual fund managers prided themselves on sticking to their investment mandates early on in the financial crisis of 2008. This, even as the average U.S. stock fund fell nearly 30% in value. They counseled investors to do the same. Three years later, there is a new direction for funds: the flexibility to go anywhere, to pay closer attention to macroeconomic and market trends, and to even hunker down in cash.