When Rodger Lawson officially steps down as president of Fidelity Investments at the end of March, some industry experts predict the company may not act to fill the position immediately.

Bruce Bond is stepping down as chief executive of Invesco PowerShares Capital Management, the exchange-traded-fund provider he founded in 2003, and will be replaced by Ben Fulton.

Having made it through the worst of the financial crisis, money managers are looking to restart product development initiatives that were put on hold during the downturn, according to a new study.

BlackRock Inc., Franklin Templeton Investments, Invesco Ltd., Pacific Investment Management Co. LLC and Western Asset Management Co. are among the leading candidates to run funds for the Legacy Securities portion of the government’s Public-Private Investment Program.

Thanks to unprecedented market volatility, widely followed style indexes published by Russell Investments are expected to look substantially different at the end of the month when the firm’s stock indexes are rebalanced.

The dismal performance of mutual funds could result in a wave of lawsuits alleging that funds failed to disclose the true risk of their investments.

Exchange-traded fund assets fell by 13.5% to $430.15 billion in the first quarter, according to BGI data.

Two members of the team responsible for the success of the First Eagle Funds Group are now running their own funds.

If investors were expecting the first actively managed exchange-traded funds to look anything like their mutual fund counterparts, they are probably disappointed by three ETFs that Invesco PowerShares has introduced.