The Vanguard Group on Thursday announced the launch of the Vanguard Structured Large-Cap Value Fund.
Assets in multi-manager products grew by 40% during 2005 to exceed $1.3 trillion, according to the recent Cerulli Quantitative Update, Global Multi-manager Products 2006.
The Principal Financial Group introduced to its platform the combination of its mutual funds and the funds of newly-acquired money manager WM Group Advisors.
The latest Standard&Poor’s Indices Versus Active Funds Scorecard (SPIVA) shows the S&P 500 outperformed 69.1% of large-cap funds.
Russell Investment Group unveiled a new index Wednesday meant to satiate asset managers’ increasing thirst for more global investment options.
2006 proved to be a quiet trading year for 401(k) plans, with just 0.034% of balances shifted per day on a net basis during the year, according to the Hewitt 401(k) index, the lowest level since the inception of the gauge.
The majority of active international equity investment managers posted their second consecutive calendar year of above index returns despite the MSCI EAFE benchmark index soaring 26.3%, according to a new report.
Although ‘’our overall view is fairly constructive,’’ said Robert Doll, Vice Chairman and Chief Investment Officer of Global Equities at BlackRock, Inc., ‘’we think a soft landing is likely in 2007.’’
“Every investor should dial up their equity exposure [in 2007],″ said Duncan Richardson, Executive Vice President and Chief Equity Investment Officer of Eaton Vance Management, at a press conference Wednesday.
GuideStone Financial Resources has added five Christian-based, socially-screened target funds to its mutual fund offerings.
Rydex Investments has announced it will expand the availability of twice-a-day pricing for a selection of Rydex mutual funds, to help brokers and their clients manage intra-day risk and take advantage of market liquidity.
The world’s emerging and developed markets continued to stay in positive territory in December, making a full year of positive results as oil prices remained low, Standard&Poor’s said.
Morningstar, Inc. plans to come out with a family of fixed income indexes, which can be licensed to institutions for the creation of investment vehicles including such things as mutual funds, exchange-traded funds (ETFs) and derivative securities.
John Hancock Funds has announced the launch of two new fund of funds products available to retail investors through their financial advisers: the John Hancock International Allocation Portfolio and the John Hancock Lifecycle Portfolios.
Stock and bond funds experienced net inflows of $17.4 billion in November, down from the $29.8 billion they brought in the month before, according to monthly data from the Financial Research Corporation (FRC).
New data published by Morningstar offers a historical perspective on the market returns of major asset classes.
ThomasLloyd Holdings plc has announced that the combined asset management divisions of US-based Illington Fund Management LLC and European-based DKM Asset Management AG are now operating as ThomasLloyd Global Asset Management.
Mellon Capital Management Corporation has launched the Mellon Capital Target Maturity Funds, a group of portfolios designed to systematically adjust investors' asset allocation as they approach their projected retirement date.
Morningstar, Inc.’s three 2006 Fund Managers of the Year are “familiar names″ who have run funds recommended by the fund rating company for years, according to a press release.
Jefferies&Company, Inc has announced the introduction of 20 proprietary equity indices to track the performance of small- and mid-cap companies, both domestic and global.