With concerns about a deepening global credit crisis unabated, major U.S. financial institutions are increasingly turning to sovereign wealth funds for capital infusions.
Money managers have not let the credit concerns or a slowing U.S. economy shake their optimism for the 2008 market, according to Russell Investment’s quarterly survey of investment...
Columbia Management, a unit of Bank of America Corp., is shuttering its $12-billion Strategic Cash portfolio saying major institutional clients headed for the exits because of losses on...
Silas Myers and Brian Massey, longtime portfolio managers at Roxbury Capital Management, have launched a new large-cap growth firm with the full backing of their former employer.
ALPS Fund Services and Red Rocks Capital, a Denver-based investment adviser specializing in products investing in private equity, are together launching a mutual fund that invests in the...
Fewer than two advisers in 10 anticipate increasing their use of open-end mutual funds and mutual funds' share of the product pie will drop from 35% to 31%,...
Barclays Capital has launched the Barclays Capital Global Carbon Index tracking the performance of carbon credits associated with the world's major greenhouse gas emissions trading schemes.
The combined assets of the nation's mutual funds increased by $435 billion, or 3.6%, to $12.356 trillion in October, according to the Investment Company Institute (ICI).
Assets of all exchange-traded funds (ETFs) rose in October by $37.08 billion, or 6.7%, to $588.18 billion, according to the latest monthly statistics from the Investment Company Institute...
Participants in 401(k) plans moved a combined $295 million into the international and emerging market equity asset classes in October, according to the results of the Hewitt 401(k)...