Tag: Mutual funds

JennisonDryden, the proprietary mutual fund family of Prudential Financial, Inc., has added the Dryden Total Return Bond Fund (PDBAX) to the fixed-income allocation of its full lineup of...

The Vanguard Group has shuttered its PRIMECAP Core Fund to advisers and institutional clients such as defined benefit plans, endowments, and foundations.

The recent market uptick continued to benefit U.S. mutual fund flows in July as investors poured almost $44 billion ($171 billion year to date) into fund offerings, Morningstar...

Legg Mason Inc. reorganized five funds in its ClearBridge Advisors unit as money manager Alan Blake and Hersh Cohen, the division’s investment chief, are set to retire.

Following is a summary of mutual fund filing changes complied by Strategic Insight (an Asset International company, and sister firm of PLANADVISER) from recent prospectus filings.

Natixis Global Associates (NGA) has launched a multi-strategy, absolute-return fund in conjunction with AlphaSimplex Group (ASG): Natixis ASG Diversifying Strategies Fund (DSFAX).

Huntington Funds said it has introduced three Asset Allocation Funds, advised by Huntington Asset Advisors, Inc. (HAA), a subsidiary of Huntington Bancshares Incorporated.

A recent Charles Schwab survey found that less than a third (31%) of respondents claimed they speak with their broker or financial adviser on a regular basis.

A new Cerulli report says institutional ownership of mutual funds totaled $4.3 trillion at year-end 2008, a decline of 12.3% from prior year totals.

JennisonDryden, the proprietary mutual fund family of Prudential Financial, Inc., has hired Joseph Gill as vice president of client management in its investment-only defined contribution (IODC) group.

Putnam Investments said it will make sweeping changes to the management fees on its retail mutual funds.

CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company, has added the Huntington mutual funds to its retirement plan platform.

Investment adviser Driehaus Capital Management now offers the Driehaus Active Income Fund (Ticker LCMAX), an absolute return mutual fund.

U.S. stock and bond mutual funds generated the best quarter of long-term fund inflows in more than two years during the second quarter of 2009, according to Strategic...

Charles Schwab Investment Management, Inc. has announced the addition of the Laudus Growth Investors U.S. Large Cap Growth Fund, successor to the UBS U.S. Large Cap Growth Fund,...

MainStay Investments has adopted four equity mutual funds managed by Epoch Investment Partners, Inc.

Fidelity Investments now offers seven Calamos mutual funds on Fidelity Advisor 401(k), Fidelity's financial adviser-sold retirement platform.

Fringe Benefit Group, provider of group benefit plans designed for hourly and part-time workers, has added the Nationwide Retirement Clear Advantage platform as one of the investment plan...

PIMCO launched the PIMCO Emerging Markets and Infrastructure Bond Fund.

T. Rowe Price has launched the U.S. Large-Cap Core Fund.