Mutual funds

MIAMI -- There is of course no event going on in America from January 14 through 16 than the 29th annual National Investment Company Service Association Conference & Expo.

It used to be that a mutual fund was a pretty easy product to launch. Line up a set up securities. Buy. Hold. Mix occasionally. Now, managing products such as target-date funds present serious operational challenges, the CEO of J.P. Morgan Asset Management Americas said

American Beacon Advisors has launched the American Beacon SiM High Yield Opportunities Fund, sub-advised by Strategic Income Management (SiM).

The “Who Knew” campaign showcases the firm’s four- and five-star-rated funds.

The date was October 13, 2008. One month after Lehman Brothers was left to twist quickly in the wind and die.

Exchange-traded funds are continuing to gain traction among Charles Schwab’s clients.ETF assets held by the firm’s clients climbed 34% in 2010, compared with 28% growth in the ETF industry overall, according to Schwab. The brokerage’s clients hold more than $111 billion in ETF assets.

Letting the net value of assets in a money market fund would "change the shape and form" of such funds -- and could create system risk, according to Maria F. Dwyer, the chief regulatory officer of MFS Investment Management.

After the flat decade that stock-based mutual funds have had and with post-World War II baby boomers starting to retire, "it's all about income now," said Matt Witkos, president of Eaton Vance Distributors, at the opening of the National Investment Company Service Association 29th Annual Conference & Expo.

U.S. equity funds brought in $21 billion, the strongest month for sales in seven years.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

The fund business looks like it’s back.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

Standard & Poor’s has launched a new balanced series of indexes that combine equities and fixed income and that range from conservative to growth.

For a mutual fund with a strong track record, Nicholas Equity Income Fund is not particularly large. And its manager is fine with that.

Last year saw a 22% increase in M&A worldwide, and another 36% increase is expected this year, according to Thomson Reuters.

The funds include a market neutral, medical sciences and large-cap offering.

This is the firm’s first mutual fund.

Nearly two-thirds, 62%, of investors have changed their approach to investing following the recession, TD Ameritrade found in a survey. The most common changes were moving into fixed income, cited by 28%, and into mutual funds and managed accounts, cited by 23%.

Municipal bond mutual fund outflows continued to subside last week from recent record-setting levels as the cash most prone to panic appears to have left by now.

Tax-exempt money market funds fell $2.34 billion to $324.39 billion in net assets in the week ended Jan. 31, according to the iMoneyNet's Money Fund Report.