Articles and Videos on Mutual Funds
Illinois State Board puts 2 Wellington strategies on watch for performance
trueIllinois State Board of Investment placed Wellington Management on watch for underperformance for fixed-income and equity portfolios totaling $531 million in assets.
Neuberger Berman to acquire Merrill Lynch private equity funds of funds
trueNeuberger Berman is buying the management rights to about $1 billion in private equity funds of funds managed by Merrill Lynch Alternative Investments
Learning from a walk through the fund graveyard
trueExchange-traded fund issuers and acolytes like to flaunt significant figures — nearly $3 trillion in assets under management globally, $2 trillion in the United States — but the industry is not exactly crowing about a recent milestone.
SEC proposes rules requiring more fund disclosure, including on derivatives
trueThe Securities and Exchange Commission announced Wednesday a series of proposals aimed at modernizing and enhancing data reporting by registered investment companies and investment advisers.
SEC to propose that mutual funds disclose risk of rate rise
trueThe Securities and Exchange Commission is set to propose a requirement that mutual fund companies report how vulnerable their bond portfolios are to interest rate changes, said two people familiar with the matter.
PIMCO Total Return loses world's largest bond mutual fund title
trueTwo years of client withdrawals at Pacific Investment Management Co.'s flagship have cost it the title of the world's largest bond mutual fund.
Chinese mutual funds buy up Hong Kong stocks
trueChinese mutual funds in April became the marginal buyer of Hong Kong stocks owned by institutional investors around the world, a mix that could leave Hong Kong's market on a more volatile path.
IMF: Mutual funds, ETFs among strategies that could risk financial stability
truePlain-vanilla money manager strategies and investments can pose risks to financial stability, said the International Monetary Fund in its global financial stability report.
BlackRock changing money market funds to comply with new rules
trueBlackRock said it would change its lineup of money market mutual funds to make them comply with new federal regulations.
Market only driver of money manager AUM growth in '14
trueAssets under management for most publicly-traded money managers inched up in the fourth quarter after they declined nearly across the board in the third quarter.
AXA Investment Managers wants to grow U.S. AUM
trueAXA Investment Managers is making a concerted effort to expand its U.S. presence.
Gross' Janus fund attracts estimated $769 million in November
trueWilliam H. Gross' main bond fund at Janus Capital Group received an estimated $769 million in new money last month, bringing assets above $1 billion.
Analysts say PIMCO could survive a further $350 billion asset drain
truePIMCO could withstand an asset drain of up to $350 billion in the next two to three years — about 10% to 15% of its total assets — before its portfolio management operations could be affected, analysts say.
BlackRock, TCW, others gaining from PIMCO turmoil
trueBlackRock, TCW, Vanguard, Baird Advisors and DoubleLine saw the largest inflows to their bond mutual funds in October, following William H. Gross' departure from PIMCO on Sept. 26, Morningstar Inc. reported.
Morningstar: PIMCO outflows totaled $48.3 billion in October
trueFour PIMCO mutual funds that were managed by star bond manager William H. Gross saw large withdrawals in October, causing record outflows of $48.3 billion at Mr. Gross' former firm, data from Morningstar show.