Perkins Investment Management LLC, a subsidiary of Janus Capital Group, announced that Perkins Small Cap Value Fund (JSCVX) reopened to new investors, effective Friday.
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.
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...
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).
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...
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...