Long-term funds in Asia saw $8.7 billion of flows in January, with new launches collecting over 100% of the total contributions, according to Strategic Insight, an Asset International...
Flows into long-term mutual funds hit $27.9 billion in February, nearly matching January’s total of $29.8 billion, according to the Morningstar Direct Fund Flows Update.
Despite uncertainty in the Middle East and North Africa, U.S. mutual fund net inflows in February gained $29 billion, according to Strategic Insight, an Asset International company.
The Fidelity Conservative Income Bond Fund will invest primarily in a combination of money market and high quality, investment‐grade debt securities with short durations.
Charles Schwab's latest independent investment adviser survey found 56% of advisers classify themselves as “bulls,” while only 10% see themselves as “bears.”
Dana Investment Advisors, Inc. announced that the Epiphany Large Cap Core Equity fund it sub-advises has been renamed the Dana Large Cap Core Fund (symbol EPCNX).
In 2010, local Asia long-term funds gathered $55 billion in net inflows, slightly higher than in 2009, according to Strategic Insight, an Asset International company.