Mutual funds

The fund is linked to the Andean region of Chile, Columbia and Peru.

The indexes are based on a mix of defensive and dynamic stocks.

Russell Investments on Thursday debuted the Russell Stability Indexes, a mix of both defensive and dynamic stocks.

Even with a long-term shift to passive investing, "managed solutions" packaging exchange-traded funds should also grow rapidly, said Scott Burns, Morningstar's ETF expert.

Equity funds net $5.12 billion of inflows, following $4.96 billion of inflows the week before.

The risk-management and trade analytics service announced the launch Tuesday of a service evaluating the illiquidity of municipal bond mutual fund holdings.

The fund will concentrate on opportunities in consumer products and goods throughout the world.

Alpine Woods Capital, advisor to the Alpine Mutual Funds, has launched the Alpine Global Consumer Growth Fund, which will concentrate on opportunities in consumer products and services throughout the world.

Boston Advisors on Monday launched the Broad Allocation Strategy Fund, based on a separately managed account strategy the investment advisor has run for the past two years.

Investors established a new record for withdrawals from municipal bond mutual funds in the week ended Jan. 19 as headline risk continued to chase people from state and local government debt funds.

Investors in tax-exempt debt should be cautious about heeding recent reports about the possibility of widespread bankruptcy and default in the municipal market, and stop running away from solid, safe investments because of distorted opinions in the media. That was the advice from top portfolio managers and traders at DWS Investments. Phil Condon, head of muni portfolio management. and Ashton Goodfield, head of trading, recognized the financial hurdles faced by local governments, but stressed that because of the fundamental changes in the municipal landscape, the muni market should not be considered as "homogenous" as it once was. But for analysts to "sensationalize the stress that municipalities are under" sends the wrong message to investors.

Municipal bond mutual fund outflows moderated last week as a nervous market seemed better able to absorb the relentless fund selling.

Vanguard on Friday launched the Vanguard Total International Stock ETF, which tracks the MSCI All Country World ex-USA Investable Market Index.

State Street Global Advisors on Thursday has launched three new SPDR exchange-traded funds: the SPDR S&P Transportation ETF, the SPDR S&P Telecom ETF and the SPDR S&P Healthcare Equipment ETF.

New hedge-fund like vehicle will trade frequently

Five other world-class asset managers, including PIMCO and Wellington, are sub-advising the fund along with Hancock.

Large capitalization stocks are likely to outperform small cap stocks over the next decade, according to BNY Mellon Beta Management.On Tuesday BNY Mellon Beta Management, a BNY Mellon Asset Management business that facilitates rebalancing programs and synthetic asset class exposure through the use of futures, swaps, index funds, and exchange-traded funds (ETFs), announced that it expects better returns and lower transaction costs for large caps over the medium to long term.

Global X has already contracted to develop new ETFs based on the indexes.

Russell Investments has launched two new mega-cap emerging markets indexes, the Russell Emerging Markets Mega Cap Growth Index and the Russell Emerging Markets Mega Cap Value Index. Global X Funds has already contracted to launch two exchange-traded funds based on the indexes.

Fewer wealthy Americans are using mutual funds, and among those investors who continue to use these investment products, allocations are down significantly.