Mutual funds

Funds With Structured Products Turn to Fair Value

Speaking at a hedge fund conference in Greenwich, Conn., Securities and Exchange Commission regulators indicated that they are conducting 30 investigations into hedge fund trading in the Northeast alone, Reuters reports.

Berwyn, Pa., may be a couple of hours drive south of Wall Street, but Turner Investment Partners is hoping to dive right into the nation's financial hub with the preliminary filing of documents for its intended initial public offering on the New York Stock Exchange. Turner filed for the IPO with the Securities and Exchange Commission on Sept. 18.

If there is one industry that is known for issuing surveys, it's the mutual fund industry. Every week, mutual funds and other investment firms issue multiple surveys about investors' attitudes toward savings and preparedness for retirement-aimed at spurring people to save more and at giving financial professionals talking points for their clients.

Ex-Brean Murray EVPs Charged with Late Trading

Aberdeen Asset Management of Aberdeen, Scotland, may not be a household name, but as of today, Oct., 1, the firm's Philadelphia-based U.S. subsidiary has a fresh $7 billion chunk of 30 sub-advised mutual funds and variable annuity trust assets from Nationwide Financial of Columbus, Ohio, to call its own.

This summer's extreme wave of market volatility was enough to make investors and mutual fund managers seasick.

IndexIQ, the Rye Brook, N.Y.-based firm best known for the development of proprietary so-called next generation indexes for institutions and wealthy investors, has created a new asset management business that will sell products created from its indexes.

SEC Increasing Scrutiny of Insider Trading at Hedges; Issues Questions to Funds

Municipal bond exchange-traded funds (ETFs) have gone from zero to 60 miles per hour in just a few days. And the race continues.

Executives Protest Raising Hedge Funds' Taxes

District Court Orders Market Timer to Pay $500k

Competition, if nothing else, keeps companies constantly looking for the next innovative product or strategy that will bring more assets to their firm. That is why many asset management firms are choosing to offer the increasingly popular 130/30 strategies as the benefits of shorting stocks can outweigh the benefits of going long, according to the report "130/30: From Rationale to Implementation" by New York-based Merrill Lynch.

General American Settles With SEC for $3.3M

Merger and acquisition (M&A) activity in the asset management industry is booming, and demand is not likely to stop anytime soon, nor are the competitive prices buyers are willing to pay for the deals. However, market turmoil and a more challenging leveraged finance environment could temporarily cool the enthusiasm of some private equity shops for asset managers and derail initial public offerings,

While mutual fund companies and investment banks have had meteorologists on their trading desks for almost 30 years, the practice apparently is increasing-affecting portfolio managers' trading decisions not only of commodities, power, utilities, agriculture and energy securities, but also consumer goods, transportation, construction, infrastructure, shipping and leisure. In addition, in the past 10 years, the insight of meteorologists on the trading floor has led to the development of weather risk management tools-futures, derivatives and insurance.

While mutual fund companies and investment banks have had meteorologists on their trading desks for almost 30 years, the practice apparently is increasing-affecting portfolio managers' trading decisions not only of commodities, power, utilities, agriculture and energy securities, but also consumer goods, transportation, construction, infrastructure, shipping and leisure. In addition, in the past 10 years, the insight of meteorologists on the trading floor has led to the development of weather risk management tools-futures, derivatives and insurance.

GAO Suggests Incentives To Keep Workers Working

While sell-side research struggles to keep up its allure with the buy-side, many mutual fund companies are turning to alternative research, as it can offer unique and innovative ideas.

Citigroup's acquisition of BISYS for $1.47 billion last May, with a subsequent spin off of two units to private equity firm J.C. Flowers appeared to be a done deal. But one last under-the-radar acquisition took place two weeks ago.