The Markets

Americans' retirement savings grew in the second quarter of 2007 to $17.4 trillion, according to the latest Investment Company Institute (ICI) data.

Columbia Management, a unit of Bank of America Corp., is shuttering its $12-billion Strategic Cash portfolio saying major institutional clients headed for the exits because of losses on...

Silas Myers and Brian Massey, longtime portfolio managers at Roxbury Capital Management, have launched a new large-cap growth firm with the full backing of their former employer.

ALPS Fund Services and Red Rocks Capital, a Denver-based investment adviser specializing in products investing in private equity, are together launching a mutual fund that invests in the...

Fewer than two advisers in 10 anticipate increasing their use of open-end mutual funds and mutual funds' share of the product pie will drop from 35% to 31%,...

Barclays Capital has launched the Barclays Capital Global Carbon Index tracking the performance of carbon credits associated with the world's major greenhouse gas emissions trading schemes.

The combined assets of the nation's mutual funds increased by $435 billion, or 3.6%, to $12.356 trillion in October, according to the Investment Company Institute (ICI).

Assets of all exchange-traded funds (ETFs) rose in October by $37.08 billion, or 6.7%, to $588.18 billion, according to the latest monthly statistics from the Investment Company Institute...

MG Trust Company, a wholly owned subsidiary of Matrix Financial Solutions, has announced the availability of its new target-date collective funds.

State Street Corporation has launched the State Street Private Equity Index.

Participants in 401(k) plans moved a combined $295 million into the international and emerging market equity asset classes in October, according to the results of the Hewitt 401(k)...

Principal Funds has added the Principal Global Real Estate Securities Fund and the Principal International Growth Fund to its lineup.

JPMorgan today announced the introduction of its Corporate Emerging Markets Bond Index.

Merrill Lynch has introduced the Merrill Lynch Global Emerging Markets Foreign Exchange Index, designed to provide a representation of global emerging markets foreign exchange that is both sound...

Target Date Analytics (TDA) has launched a new Web site that benchmarks target date lifecycle funds.

Fidelity Investments announced the launch of three new mutual funds: a one-fund solution for investing in developed international and emerging markets; an international style-consistent growth fund, and an...

The Fiserv Trust Retire Target Date Funds for employer retirement plans is the latest collective investment fund (CIF) offering from Fiserv Investment Support Services.

DWS Scudder, the U.S. retail unit of Deutsche Bank’s Asset Management division (DeAM), on Wednesday announced the launch of the DWS Climate Change Fund.

Janus Capital Group Inc. says that, effective tomorrow, veteran portfolio manager Marc Pinto will manage Janus Growth and Income Fund and its related products for intermediary and institutional...

Barclays Capital, the investment banking division of Barclays Bank PLC, announced the launch of a family of local currency Emerging Market Government Inflation-Linked Bond (EMGILB) benchmark indexes.