Mutual funds

MFS Investment Management has rolled out the MFS Global Multi-Asset and MFS Absolute Return funds in response to growing demand for greater portfolio diversification and lower volatility through multi-asset class funds.

PALM DESERT, Calif. -- At the start of 2010, the Securities and Exchange Commission established a specialized unit within its Enforcement Division devoted to the looking for fraud and other perfidies in the $40 trillion field of asset management.

The Securities and Exchange Commission has granted exemptive relief for iShares’ registration to offer actively managed equities and fixed income exchange-traded funds, which it filed nearly a year ago.

PALM DESERT, Calif. -- Back in 2007, no one talked about systemic risk. Now, the term “systemic risk” is on everyone’s minds. But defining it has not come out of the constant attention paid to it now.

An uptick in investor inflows and strong performance helped push the Neuberger Berman Equity Income Fund over the $1 billion milestone for the first time.

PALM DESERT, Calif. – It may have taken almost 18 years for the combined assets of exchange-traded funds to surpass a trillion dollars. But it should only take another three years to top the second trillion.

PALM DESERT, Calif. -- Registered investment companies vote in favor of management proposals more than 90 percent of the time, according to a study of 3.9 million proxy ballot items.

PALM DESERT, Calif. -- Baillie Gifford is an independent investment management firm based in Edinburgh, Scotland. At the end of 2010, it managed more than $113 billion in bond and stock portfolios.

PALM DESERT, Calif. -- The selling of investments to individual investors and their purchases of them are mired in dysfunction, according to the former director of conduct risk and sector leader for asset management of the Financial Services Authority in the United Kingdom.

PALM DESERT, Calif. -- Eileen Rominger, in her first appearance before a gathering of members of the mutual fund industry’s largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

PALM DESERT, Calif. -- It’s been three years since the collapse of Bear Stearns – which occurred on the eve of the 2008 Investment Company Institute Mutual Funds and Investment Management Conference.

It's almost exactly four years since the financial crisis began to erupt. On March 21, 2007, the Dow Jones Industrial Average stood at 12,278.73, as the first indications that the subprime mortgage market might crater had surfaced. On March 21, 2011, the Dow closed at 12,039.10, a mere difference of 1.95%.

The 171 respondents to the 2011 Money Management Executive Compensation Study were asked to express themselves in their own words on their level of satisfaction with their total compensation (base salary, bonus and benefits).

The year had started off so well.

Oakmark’s McGregor wins inaugural “Lipper Award for Excellence in Fund Management”

Equity funds net $582 million.

The new offering will integrate absolute return funds that seek positive returns over a three-year period with less volatility than traditional asset classes.

Lincoln, who believes the U.S. economy is about midway through a projected five-year bull run, took some time this week with On Wall Street to provide his big-picture views on a number of timely topics as well as a look back at what financial services firms, advisors and investors have learned from the rollercoaster-like ride of the past few years.

The decision will lead to further litigation, as the claimants’ seek to reverse their responsibility for $400,000 in attorneys’ fees.

Global X Funds on Thursday launched the Global X S&P/TSX Venture 30 Canada ETF, an exchange-traded fund that targets companies on Canada’s junior exchange for emerging companies, the TSX Venture.