Morningstar Adds 10 Alternative Investment Categories (MM Executive)

Putnam Absolute Return Funds Honored for Innovation (MM Executive)

Finra: Make B-Ds disclose 'shelf space' (Investment News) - Finra wants broker-dealers to disclose the revenue-sharing deals they have with mutual funds

Hartford Financial Seeks Buyers For Mutual-Fund Business (FA Mag) - Hartford Financial Services Group Inc. is seeking buyers for its mutual-fund unit, which may fetch $1.5 billion or more, sources say.

FINRA Wants Brokers to Disclose Splits on Mutual Funds (Bank Investment Consultant) - The Financial Industry Regulatory Authority has proposed that broker-dealers disclose any revenue-splitting arrangements they have with mutual funds at the time they sell their shares to investors.

FINRA Fines Nuveen Investments $3M For Misleading Brochures (Bank Investment Consultant) 

One in Four Advisers Don't Use ETFs (On Wall Street) - Biggest users are those at traditional wirehouses, with a penetration rate of 94.9%, a survey by Kasina and Horsesmouth finds.

Bill Gross Shows All His Cards (FA Mag) - News that Pimco's legendary Bill Gross is launching an active ETF that will be managed in a style very similar to his mammoth Total Return funds raised more than a few eyebrows. That’s because Gross will now have to post his holdings every day.

18th Annual Mutual Fund Awards (Fund Action)

Chuck Jaffe: Fund manager changes may bring new problems (MarketWatch.com) - Managerial changes happen regularly at mutual funds, but often investors aren’t aware until the news appears in the next published fund report. 

Absolute-return funds absolutely confusing, advisers say (Investment News)

The Puzzle—And Promise—Of 'Absolute Return' Mutual Funds (FA Mag)

Not Just Brokers Must Worry about Dodd-Frank Reform (Securities Industry News) - Fund managers who think that only brokerage firms and banks should worry about the operational and technological changes being wrought by the Dodd-Frank financial reform legislation had better think twice.

MFS Launches Global Multi-Asset, Absolute Return Funds (On Wall Street)

Five notable trends in the mutual fund biz (Investment News)

Putnam launches a trio of retirement income funds (Investment News)

MFS, Others Win Top Lipper U.S. Fund Award (FA Mag) - MFS Investment Management took top U.S. Lipper Fund Awards 2011 honors and Delaware Management Company swept in three categories.

PIMCO Launches Broker-Dealer, So Advisors Can Buy Direct (Advisor One)

Hancock's Mutual Funds Reach 'Record Sales Levels' in 2010 (The MutualFundWire.com)

U.S. mutual funds have best week since mid-Oct -ICI (Reuters)

That's Better Now (Barron's Cover Story) - Two straight years of strong returns have made fund investors more comfortable with risk. Don't get too comfortable.

Meet the Managers Behind the Top Funds (Yahoo! Finance) 

Advisors Say American Funds is the Most Dedicated to Advisors (The MutualFundWire.com) - kasina and Horsemouth offer another glimpse of how advisors view mutual fund firms.

Bruce Berkowitz Unveils His Third Mutual Fund (The MutualFundWire.com) - The star manager unveiled his new mutual fund today.

Advisers reveal their top fund brand (Investment News)

Chuck Jaffe: Trendy new fund is ‘Stupid Investment of the Week’ (MarketWatch)

Morningstar Picks Top Mutual-Fund Managers Of Year (FA Mag) - Bob Goldfarb and David Poppe of Sequoia Fund, Brent Lynn of Janus Overseas and Michael Hasenstab of Templeton Global Bond were named mutual-fund managers of the year for 2010.

Chuck Jaffe: 7 mutual fund stories to watch for in 2011 (Yahoo! Finance)

PIMCO Total Return Loses Big In November (Advisor One)

Pimco Total Return May Buy Equity-Linked Securities (FA Mag)

Morningstar Recognizes Fund Managers (FA Mag) - Morningstar this week announced five bond fund manager nominees for its fixed-income manager of the year award.

Banking Giant Finds Success in Funds (WSJ.com) - J.P. Morgan Chase is trying to turn strategies from its institutional business into winning portfolios for individuals

American Funds Sees Investors Flee (The Street.com)

ETFs: Menace---or Just Misunderstood? (WSJ.com)

BlackRock beefing up adviser services for ETFs (Investment News)


J.P. Morgan launches share class with no 12(b)-1 fees (Investment News)

 

The Struggle To Explain Bond ETFs (FA Mag)

Franklin Templeton finally vindicated in market-timing case (Investment News)

Citi Fund Services Adding 300 Jobs in Columbus (Bank Investment Consultant)

Investors Resume Buying Bond Mutual Funds (Bank Investment Consultant) - Nearly $500 million added in week ended Dec. 1, partially reversing the $1.85 billion that walked out the door the previous week.

At Retirement Income Symposium, T. Rowe Price Defends Target-Date Funds (Advisor One)

ETFs: Menace---or Just Misunderstood? (WSJ.com)

Advisor Channels That Most Use ETFs: Cerulli Study (Advisor One)

Mainstay's Sales Rise 43 Percent (The MutualFundWire.com) - The mutual fund arm of New York Life reveals YTD 2010 numbers.

Advisors Praise Fund Firms For Biz Ideas (The MutualFundWire.com) - Three mutual fund companies get top ratings from advisors.

Rule 12B-1: The Battle of the Comment Letters (National Underwriter) - Life insurance agents and financial advisors affiliated with independent broker-dealers have submitted more than 1,000 letters opposing a mutual fund distribution fee proposal.

Advisor Appetite For Absolute Return Growing (Registered Rep) - Over half of advisors surveyed by Putnam Investments said they were at least somewhat likely to recommend absolute return funds to their clients, while assets in absolute return funds have grown 10 percent in the past month alone.

Absolute-Return Funds to Reach 15% Market Share: Putnam (MMExecutive)

12(b)-1 reform fades into the background (Investment News)

Invesco has shot at catching BlackRock, says Don Putnam (Investment News)

More advisers try hand at running mutual funds (Investment News)

ETFs Everywhere (Barron's) - Exchange-traded funds are having a huge impact on the markets. How they can help investors. How they can hurt them.

ICI Calls 12b-2 'Inappropriate' (The MutualFundWire.com)

Sales Numbers Surprise Hancock Execs (The MutualFundWire.com Armie Margaret Lee) - John Hancock Funds executives see full-year sales hitting a record in the neighborhood of $9.3 billion this year.

Side Effects Could Hamper Fund Sales Charge Proposal (MMExecutive) - BlackRock is pressing the Securities and Exchange Commission to take measured steps to ensure that smaller investors do not get shut out of whatever marketplace emerges from the new policies.

MUTUAL FUNDS: Top Stories 7/24/09
Chuck Jaffe: Why your mutual fund returns still disappoint (MarketWatch.com) - Nelson, a 60-something investor from Boston, said he opened his mid-year mutual-fund statements expecting to see something he hadn’t seen in a while: respectable gains. He was disappointed.

Capital Markets Committee Wants Mutual Fund Taxes Deferred (MMExecutive) - The Committee on Capital Markets Regulation released a report by Harvard Law SchoolProfessor John C. Coates recommending that mutual fund investors who hold less than 2% of a fund’s shares not be taxed on capital gains until they sell those shares. The current tax scheme puts U.S. funds at a competitive disadvantage, Coates says.

Second-quarter mutual fund inflow highest since 2007 (Boomer Market Advisor) - Investors poured the largest amount of money into stock and bond mutual funds in more than two years in the second quarter, according to a report Tuesday by the Associated Press.

Funds Embracing Social Media (Fund Action) - Mutual fund firms are beginning to utilize social media sites for marketing.

Congress Looks To Change Fund Distribution (Fund Action) - A number of changes to current laws being considered by Congress would translate into a major shakeup in the way mutual fund shares are distributed.

SEC chairman backs bills to let B-Ds compete on mutual fund sale commissions (Investment News)

Funds Take in $8.34 Billion, 16th Straight Week of Inflows (MMExecutive) - More than $8 billion in inflows to bond funds offset $396 million in outflows from stock funds.

U.S. Equity Funds Rise 17.05% in Second Quarter (MMExecutive) It’s the largest quarterly returns for equity funds in 10 years.

Morningstar Introduces 10 Additional Fund Categories (MMExecutive)

 
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