Mutual funds

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.

Computer-coding error in quant strategy appears to be cause for the firing.

Vanguard has dropped AXA Rosenberg Group as a sub-advisor of the Vanguard Explorer, Vanguard U.S. Value and Vangaurd Market Neutral funds, replacing the oversight with its own Quantitative Equity Group, Vanguard said Thursday.

The new product will focus on credit opportunities in emerging markets.

Hedge fund performance in July lagged behind the equity markets in July, according to the Hennessee Group, an advisor to hedge fund investors.

Moody's issued a report Tuesday finding a widespread "Apocalypse Now" among money market funds in the days surrounding the September 2008 implosion of Reserve Funds' Primary Fund, which broke the buck at 97 cents on the dollar due to heavy exposure to Lehman Brothers paper.

Major Wall Street, business, political and consumer finance magazines are warning investors about hidden 12b-1 and 401(k) fees, various share classes and the loads ascribed to them.

Major Wall Street, business, political and consumer finance magazines are warning investors about hidden 12b-1 and 401(k) fees, various share classes and the loads ascribed to them.

Securities lending, once considered a mundane middle and back office operational chore, is quickly becoming the target of scrutiny from savvier plan sponsors who want a far better understanding of the financial benefits and pitfalls.

Cathe Tocher has excelled as a portfolio manager through very good times and bad. She is senior vice president of investments at Great-West Life & Annuity Insurance Co., whose five- and four-star Morningstar-rated stable-value portfolios continue to be embraced by the 401(k) marketplace.

Charles Schwab announced on Thursday three new, low-cost bond exchange-traded funds with no online trading commissions for Schwab clients. This is in addition to the eight equity ETFs that Schwab already offers.