Why Now Is a Good Time to Remind Clients to Save for College
Several states are offering prize money this month to families who contribute to their in-state 529 plan.
Equities Funds in Favor in Early ‘13
Morningstar says that investors added $86.5 billion to long-term open-end mutual funds in January, with 72 of 93 open-end categories recording inflows.
January Fund Flows Show Exuberant Investors: Strategic Insight, TrimTabs
An all-time record $77.4 billion flowed into U.S.-listed equity mutual funds and ETFs in January, according to TrimTabs Investment Research. Also in January, net inflows to bond funds are estimated to exceed $40 billion, says Strategic Insight.
Bond Funds Flooded With Cash as Quest for Income, Yield Continues
Bond funds took a big leap in September, with two tracking firms reporting heavy gains in flows for the fixed-income sector.
Can ETNs Be Trusted?
Although the $17 billion exchange-traded note (ETN) market represents less than 2% of the trillion dollar ETP universe, it’s been making a lot of noise.
Lifecycle Products Grew 8% in Q4 to $842 Billion
Target-date and target-risk products grew 5% in 2011 and 8% in fourth quarter, according to New York-based Strategic Insight.
JPMorgan Cracks Top 10 as Fund Manager, Thanks to Advisors
A sea change may be occurring in the $12 trillion asset management space, as JPMorgan Chase in February became the first bank to crack the top 10 list of the largest U.S. stock and bond funds.
Lifecycle Funds Grew 8% in Q4 to $842B
Assets in target-date mutual funds remain highly concentrated among five firms, says Strategic Insight.
New Hire Roundup: Oliner, Kleinke Join AEI; Bozek Advances at Prudential
This week in new hires, Stephen Oliner and JD Kleinke went to AEI; Joan Bozek was promoted at Prudential Retirement; Steven McKay and Joseph Kaplan went to Putnam Investments.
Top 25 Fastest Growing Fund Managers
Quite a few of the top 25 fastest growing fund managers for last year came from boutique firms, according to Strategic Insight’s Simfund database.