With the Great Bond-Buying Market going strong for the fourth straight year, American Funds has announced plans to launch three new bond funds in 2013.
Laurence D. Fink, BlackRock chairman and CEO, said the firm will announce fee reductions for large ETFs next quarter, after losing market share to rivals.
The Vanguard Group Inc. sent out a warning signal to bond investors Monday.
Russell Investments and Scottrade reconsider ETF market as they fail to compete with market leaders BlackRock, SSGA and Vanguard.
Western Asset Management Co. has rebranded itself all in a bid to reclaim its place as the top fixed-income manager.
The Vanguard Group Inc. will be the first to tell you that it isn't in the midst of an ETF fee war, but its competitors, namely BlackRock Inc., must feel that way.
The CFTC is cracking down on mutual funds that invest heavily in oil, natural gas and other commodities — and it could lead to higher costs for investors.
More than any other mutual fund company, American Funds is bearing the brunt of investors' latest infatuation with passive investing witnessing up to $81 billion in outflows.