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The previous minimum was $3,000 for eleven of the twelve funds in the series.
May 12 -
But investors redeem $1.9 billion from equity funds.
May 12 -
Putnam Investments is the inaugural recipient of the Innovation and Growth Forum’s Innovation Award for its suite of absolute return funds. The Forum was launched by Financial Advisor Magazine and Spectrem Group to help asset management firms with their post-economic crisis strategies.
May 11 -
money-market-funds-banking-floating-net-asset-value
May 11 -
Global X Funds has launched the Global X Mexico Small-Cap ETF, which it says is the first exchange-traded fund to focus on Mexico’s small-cap companies.
May 10 -
Markit and Deutsche Bank said they are providing financial research through a single application for iPad users.
May 10 -
WASHINGTON, D.C. -- Regulation of mutual fund distribution practices "can't be left to stand'' as it is, Securities and Exchange Commission chairman Mary L. Schapiro said Friday.
May 6 -
WASHINGTON, D.C. -- On the one-year anniversary of the Flash Crash, Securities and Exchange Commission chairman Mary L. Schapiro said the behavior of high-frequency trading firms will be closely scrutinized -- and placing obligations on high-speed traders to maintain markets in stocks "remains on the table.''
May 6 -
Nassim Taleb has made a career out of trying to get financial professionals to pay recognize that unpredictable events do occur, with devestating effect.
May 5 -
Kris Jenner is trained as a surgeon and since 2000 has managed T. Rowe Prices Healthcare Technology fund. Having an M.D. at the helm of a fundand another on its analyst teamdoesnt hurt. Health Sciences boasts Lippers top scores for total return, consistent return and capital preservation, as well as low expenses.
May 5 -
There's a new world order coming in mutual funds. And a new form of wholesaler -- colloquially called a "schmeek" -- will be helping financial advisers understand its new complexity and sell a constantly evolving kaleidoscope of new products to individual investors.
May 5 -
While investors have overwhelmingly stayed the course and remained invested in mutual funds following the financial crises of 1987, 1990, 2000 and 2008, the latest credit crises has greatly reduced investors risk tolerance, said Investment Company Institute Chairman Edward C. Bernard in his opening keynote address to the ICIs General Membership Meeting on Wednesday.
May 5 -
WASHINGTON, D.C. -- In the 1964 movie, a "fail-safe" point is where you sent fighter aircraft to meet a potential threat and await further instructions, before firing.
May 5 -
WASHINGTON—While investors have overwhelmingly stayed the course and remained invested in mutual funds following the financial crises of 1987, 1990, 2000 and 2008, the latest credit crisis has greatly reduced investors’ risk tolerance, said Investment Company Institute Chairman Edward C. Bernard in his opening keynote address to the ICI’s General Membership Meeting Wednesday here.
May 4 -
With so many mutual fund options available to them, some investors are finding it much more difficult to sort out exactly which funds make the most sense for them from both a cost and investment perspective, according to Madison, N.J.-based financial advisory firm Brinton Eaton.
May 4 -
Global X Funds has launched the Global X Food ETF, in anticipation of growing demand for food, driven by the growth of emerging market nations.
May 3 -
Lord Abbett has launched the Lord Abbett Inflation Focused Fund.
May 2 -
Harbor Funds on Monday announced two new funds, the Harbor Emerging Markets Debt Fund, to be managed by Stone Harbor Investment Partners, and the Harbor Convertible Securities Fund, to be managed by Shenkman Capital Management.
May 2 -
While exchange-traded funds are soaring in popularity and investor cash continues to flow liberally into retirement accounts, closed-end funds have all but been forgotten by a large swath of the advisor community even though they offer some pretty compelling and unique benefits.
May 2 -
Pioneer seeks to meet demand for innovative fixed income funds.
May 2

