Open-end mutual funds saw inflows of more than $49 billion in September, according to data from Morningstar.
Exchange-traded fund (ETF) assets in the U.S. rose again in September.
Strong long-term fund flows persisted in August, and the recent pattern of greater flows into bond funds continued as well, according to Strategic Insight (SI).
The latest Russell Investments quarterly investment manager survey found the hottest asset classes are emerging market equities and non-U.S. (developed market) equities at 67% bullish and 63% bullish, respectively.
Financial risk should be redefined to be viewed as the potential to lose money, rather than the average return, said Tim Knepp, CIO of Genworth Financial Asset Management, at a Genworth-hosted media event in New York City yesterday.
Forty-one percent of independent investment advisers reported that retired clients are reducing the amount of their retirement distributions, according to a study by Charles Schwab.
Madison Dean has announced it will manage all U.S. investors' retirement accounts commission-free, starting Wednesday.
Bank of China (Suisse) Fund Management (BOCS) is offering the BOCS Fund to Chinese and foreign investors.
The Spectrem Affluent Investor Index (SAII) rose 1 point in August, while the Spectrem Millionaire Investor Index (SMII) saw a 6-point gain.
A new study of MBA students suggests women with higher levels of testosterone are more likely to be less risk-averse and take riskier jobs in finance.
Despite strong domestic-equity and sound fixed-income performance during the second quarter of 2009, hefty investor assets were cashed out of separate accounts and collective trusts entirely, according to Morningstar data.
Fund manager optimism about the global economy is at its highest level in nearly six years, according to the Merrill Lynch Survey of Fund Managers for August.
The savings rate is up, but will it last?
Stock and bond funds experienced net inflows of $41.6 billion in June, according to the Financial Research Corporation (FRC).