Fidelity, known for equities in the 90s, did it with its move into bond funds. Janus, known as a growth shop during the tech boom, was able to do it with its move into mixed-asset funds. Now Pimco is launching a new fund line in equities. Of...
Seeking to reach skittish investors, fund companies have been introducing a wave of absolute return funds. The funds aim to produce positive results almost every year. New entrants include Loomis Sayles Absolute Strategies (LABAX), GRT Absolute...
Mutual fund investors are expected to pour $250 billion into equity funds this year, as they reallocate their equity exposure back to their benchmarks, according to a panel from Deutsche Bank Private Wealth Management. The panelists said they&...
Creation of a private bank to provide a liquidity backstop for money market funds is one of many solutions being bandied about to ensure the integrity of money market funds in a future market crisis. Financial advisors generally support such a...
Outflows from municipal bond mutual funds are likely to continue for the next few months, given municipalities' budget problems. But, after a strong 2010, retail investors are wading back into stock funds.
Up until this month, analysts at Morningstar have noticed a divergence between individual investors, who have been gung ho for bonds, and money managers, who have mostly been bullish on equities—and bearish on bonds.
In the aftermath of the financial crisis, asset managers have been busy rolling out new alternative products specifically designed for non-accredited investors. According to Morningstar data, there were 29 distinct alternative strategy mutual...
