Mutual funds

Outside of currency and fixed-income plays, active exchange-traded funds are struggling to gather meaningful assets.

In a letter to the SEC, investment management firm says it does support enhanced disclosure.

Equity market volatility and investors’ subsequent flight to fixed income seems to be spurring product manufacturers to focus more on an area that currently has seen sparse investor interest: International fixed income.

A recent realignment of The Hartford Financial Services Group resulted in a new position for Jim Davey running the company’s mutual fund business.

The Securities and Exchange Commission has given money market funds a reprieve from following an amendment to money market fund regulations requiring allowing them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

The Boston company said Tuesday it is introducing new Retirement Choices target-date portfolios, which are designed to take participants “to” retirement and accommodate the participant who wishes to select another investment strategy at the time of retirement.

Hedge funds finally make it back into the black, returning 0.35% year to date in July, Morningstar says.

The Toronot company launched a fund that can invest in junk bonds.

Cash continues flooding into municipal bond mutual funds as retail investors embrace yields many once scorned as being far too low. Municipal bond mutual funds that report their figures weekly posted a net inflow of $927.1 million during the week ended Aug. 18, according to Lipper FMI.

Ameriprise eliminates redundancies in mutual fund coverage following its acquisition of Columbia and subsequent merger with it RiverSource investment unit.

The Investment Company Institute reported Wednesday that $5.96 billion were added to mutual funds in the week ended August 11. But U.S. equity funds continued to lose ground for a fifth straight week.

On Tuesday Northern Trust's asset management arm, Northern Trust Global Investments, launched a Frontier Markets index fund for institutional investors with exposure to under-represented regions such as Eastern Europe, Africa and the Middle East, as well as a Asia and the Americas.

For all those young investors out there who are willing to take more risk with their retirement plans because of their longer time horizon, Vanguard has a new fund for you.

The new vehicle comes less than three years after the close of its predecessor, which is already showing a 13% IRR.

Edward Jones, a St. Louis-based brokerage firm, announced Monday that it has added 12 model portfolio to its mutual fund and exchange-traded fund advisory program.

BlackRock Inc., the world's largest money manager, said on Monday it will buy Taiwanese fund management firm Primasia Investment Trust.ust.

The New York money manager plans to acquire Primasia Investment Trust Co. to enter Taiwan's domestic mutual fund market.

The St. Louis brokerage firm added 12 model portfolios to its mutual fund and exchange-traded fund advisory program, Edward Jones Advisory Solution.

Retail demand for municipal bonds continued to surge last week as mutual funds that invest in state and local government debt posted their second biggest weekly inflow of the year.

Fund flows in July offered mixed messages regarding investors’ appetite toward risk.