Mutual Funds

Guinness Atkinson Asset Management expects to switch two of its mutual funds on March 26.

After it’s sold, Wells Fargo Asset Management will continue to provide a popular rising-dividend-equity strategy, the Managed Diversified Stock Income Plan, to Wells Fargo Advisors, according to a memo.

Since the start of the year, 57% of large-cap mutual funds have beaten their benchmarks, marking the industry’s best start to a year in almost a decade.

Infinity Q Capital Management announced it’s shutting a $1.8 billion mutual fund and that it placed James Velissaris on leave, cutting off his access to accounts and trading while hiring an expert to value holdings.

In this week’s fund news, long-time active manager Putnam to launch ETFs, Cubs owner Tom Ricketts merges his bond broker with 280 CapMarkets, and iCapital, CAIA introduce a new alt investing education platform.

In this week’s fund news, investors flock to sustainable funds, ETF.com is sold, and advisors prefer a digital wholesaling relationship.

DFA's three ETFs have absorbed about $337 million so far in 2021.

Jean Hynes discusses active management, private equity and lessons she can offer other women on Wall Street.

In this week's funds news, PGIM and SEI get into the direct indexing game and "The Convexity Maven" joins Simplify Asset Management.

This week in fund news: Hercules debuts fund amid unprecedented volatility, the growing interest in impact investments in Black communities and Hamilton Lane’s continued push into the wealth channel.