Hints and tips:
Related Special Reports
...The slowdown comes against the backdrop of withdrawals from the broader ESG mutual funds category, which reported the first-ever quarter of outflows at the end of 2023 as investors pulled out $2.5bn globally...
...“There will be some schemes who like the idea that their members will be looked after by a mutual,” he said, aiming at the smaller pension fund end of the market....
...The firm axed about 10 per cent of its traders last month as part of a semi-annual performance review, the person added....
...In a 2019 paper titled “Challenging the Conventional Wisdom on Active Management: A Review of the Past 20 Years of Academic Literature on Actively Managed Mutual Funds”, Martijn Cremers, Jon A Fulkerson...
...Fund providers in Europe that until recently saw little threat to their business model of selling actively managed mutual funds appear to be changing their tune....
...shares of the proposed ETF, clients would need to have a brokerage account upon the date of the mutual fund’s potential conversion, Pimco said in the filing....
...More than half of all American households and 116mn of the country’s 333mn residents hold shares in at least one mutual fund. “The mutual fund has democratised investment....
...Capital Group launched its first ETFs in 2022, Pimco recently filed its first ever request to convert a mutual fund into an ETF, and Dimensional Fund Advisors joined the top 10 US ETF issuers, despite having...
...The firm’s ETFs, the first of which launched in 2013, would “probably cannibalise some of the mutual funds”, Johnson said, but mutual funds would remain popular in the retirement channel, she added....
...Part of the problem is that investment advisors and mutual funds have been running just to stand still....
...European actively managed mutual funds’ estimated annual fee revenues are set to be 10.5 per cent lower this year compared with 2021....
...Looking to the next 10 years, Meyer’s ambition is to reach 20,000 Women in ETFs members and create the first chapter in South America....
...Combined, the 10 shops had $12.01tn in open-end mutual fund assets as of the end of 2023 — up 114 per cent from a decade earlier, the data shows....
...calculations, compared with 62.4 per cent for active mutual funds....
...their own mutual fund families, while TCW and F/m Investments have filed to add mutual fund classes to existing ETFs....
...One of Maloney’s early tasks will be overseeing MFS’s planned launch of its first exchange traded funds, which are rapidly gaining on mutual funds as the collective investment vehicle of choice....
...By contrast, actively managed mutual funds lost $469bn to investor redemptions....
...Morgan Stanley has filed to convert two mutual funds to exchange traded funds, marking its first application to make such a switch since it launched its first ETFs early this year....
...The result is likely to be a significant decline in mutual fund usage,” wrote Rick Wurster, president of Charles Schwab, the broker and mutual fund sponsor....
...The mutual funds recorded $10.4bn in net outflows during the year to September....
...Millennium, which was founded in 1989 by Izzy Englander, has grown to become one of the most prominent multi-manager hedge funds in the world, with about $63bn in assets under management and average returns...
...It means that managers can continue to offer mutual funds to users of retirement schemes such as 401(k) plans, which give equal tax status to ETFs and mutual funds....
...Now it seems even passive mutual funds may be struggling to meet the bar the UK regulator has set in order to tackle claims of fund industry “greenwashing”....
...“You don’t see dyed-in-the-wool stockpickers launching cloned versions of their mutual funds.”...
...S&P publishes a regular report on the performance of mutual funds....
International Edition