Janus Capital Group Inc. announced that the Janus Adviser Series fund (JAD) trust will be merged into the Janus Investment Fund (JIF) trust.
Tag: Mutual funds
Perkins Investment Management LLC, a subsidiary of Janus Capital Group, announced that Perkins Small Cap Value Fund (JSCVX) reopened to new investors, effective Friday.
Fidelity Investments launched three new Fidelity Advisor Funds: Fidelity Advisor Global Balanced Fund, Fidelity Advisor Worldwide Fund, and Fidelity Advisor Convertible Securities Fund.
Calamos Advisors LLC said that Calamos Global Funds PLC has renamed two of its UCITS funds.
The Hartford's Institutional Solutions Group has reopened The Hartford MidCap Fund (Class Y Shares) to institutional investors.
RiverSource Investments announced the launch of the RiverSource Recovery and Infrastructure Fund.
Van Kampen Funds Inc., a subsidiary of Van Kampen Investments Inc., has announced the launch of the Van Kampen Global Tactical Asset Allocation (GTAA) Fund.
The Janus Capital Group is exiting the institutional money market business after deciding its money market offerings have not achieved the size necessary to be sufficiently profitable.
Matrix Settlement&Clearance Services, LLC (Matrix), a Matrix Financial Solutions affiliate company, announced an expansion of its Money Market Portal product, Money Fund Monitor.
Morgan Stanley Investment Management (MSIM) announced that the Morgan Stanley Global Infrastructure Fund has reopened to new U.S. investors.
MUTUALdecision, an online source for predictive mutual fund models, launched a tool enabling investors and financial advisers to rank U.S. mutual funds based on academic research.
Reflecting investors deep concerns about the volatile markets, fund performance is no longer the main driver of mutual fund company loyalty, according to a study from Cogent Research.
Putnam Investments has launched a suite of target absolute return mutual funds designed to seek annualized total returns of 1%, 3%, 5%, or 7% above those of Treasury bills over three years or more.
John Hancock Funds announced it has completed the adoption of the Robeco Boston Partners Large Cap Value Fund and relaunched it as John Hancock Disciplined Value Fund (JVLAX).
Current assets in Shariah-compliant investments may be more modest than cited by many regulators and industry players, according to a new analysis.
Parents’ savings for their children’s college educations took a big hit as a bond fund offered by at least four state 529 plans lost more than a third of its value last year.
Highland Capital Management, L.P., has announced portfolio management changes to two funds, effective January 1.
More households own mutual funds inside tax-deferred accounts—such as defined contribution (DC) plans, individual retirement accounts (IRAs), and variable annuities—than outside these accounts, according to the Investment Company Institute.
Looking ahead, mutual funds could come out the winners of the current financial crisis, according to a new report by Strategic Insight.