Mutual funds

ProShares has launched the first exchange-traded funds that offer leveraged and inverse exposure to the biotechnology sector.

This isn’t the fee you charge clients. The current fee issue that made its way to the Supreme Court this week deals with the expenses charged by mutual funds.

Investment management firms, custodians and broker/dealers all say that financial planners are embracing Web-based workstations that work on smart phones, but they don’t agree on how fast advisers are going down that path.

Ever since the recession began, everyone from media outlets to industry gurus have deemed 401(k)s a failure.

With the tax deadline fast approaching, wealth management clients are deciding whether they are going to convert from a traditional Individual Retirement Account to a Roth IRA.

In an opinion piece in The Wall Street Journal, Charles R. Schwab, chairman of Charles Schwab Corp., spelled out the grave danger that the near-zero fed funds rate poses for senior citizens.

SEC May Put Cap on Derivatives Exposure

Asset managers have come a long way since the financial crisis to earn back a significant amount of the revenue and earnings lost since the fourth quarter of 2007.

State Street Global Markets’ Investor Confidence Index of 108.0 is up 5.4 points from February’s revised reading of 102.6.

Fidelity’s institutional service organization’s first big initiative is new tools and service upgrades for National Financial broker/dealers to reduce their administrative tasks and help them focus on clients. Fidelity developed the tools after discovering that brokers spend nearly one-third of their time on admin tasks.

In an opinion piece in today’s Wall Street Journal, Charles R. Schwab, chairman of Charles Schwab Corp., spells out the grave danger that the near-zero fed funds rate poses for senior citizens. With their purchasing power effectively eviscerated by 76%, retirees are “financially starving,” Schwab says.

Victory Capital Management, the asset management arm of KeyCorp's KeyBank, says it is positioned to quickly expand the assets it manages in collective investment trusts, or CITs, for defined contribution plans, but the effort will not lack challenges.

The U.S. Supreme Court rejected the Jones v. Harris Associates excessive mutual fund fee case Tuesday, essentially vacating the Chicago federal appeals court’s rejection of the case on the basis that such cases can only be heard when they involve fraud.

The U.S. Supreme Court rejected the Jones v. Harris Associates excessive mutual fund fee case Tuesday, essentially vacating the Chicago federal appeals court’s rejection of the case on the basis that such cases can only be heard when they involve fraud. The Supreme Court has asked the lower court to reconsider the case.

With investors more prone to invest in alternatives in the wake of the financial crisis, they might want to consider commodities, according to an article written by three university professors and the managing director of the CFA institute in the upcoming issue of Journal of Investing.

T. Rowe Price was named the Best Overall Fund Group for large companies at the 2010 U.S. Lipper Fund Awards ceremony held March 24 in New York.

A new investment firm is promising to shake up the way Americans invest by providing individuals with direct access to institutionally priced mutual funds and other investments.

Recovery to Exceed Expectations: Barclays

The Securities and Exchange Commission is concerned that some mutual funds and actively managed and leveraged ETFs, in particular, may be investing too heavily in swaps and derivatives.

Institutional investors are warming to a market many now see as priced right, and an economy that they believe will be revived by corporate spending, even if unemployment fears keep consumers from opening their wallets.