Vanguard launches international-bond fund, FPA Crescent picks up 2 new comanagers, and managers depart at GSAM, Buffalo, and BlackRock. Also, Matthews to close its Asia dividend fund, and Morgan Stanley set to launch a global quality stock fund.
TIAA-CREF and Henderson to start a new global real estate investment management company, Invesco High Yield Municipal opens back up to investors, Utah's Gold-rated 529 program cuts costs and adds funds from DFA, and Calamos seeks to begin issuing actively managed ETFs.
Likely available before the end of 2013, Vanguard's new fund will be actively managed.
Knowing how the style box works can make you a better investor.
Some funds had dramatic comebacks, while others remained cellar-dwellers, writes Morningstar's Russ Kinnel.
IShares pursues a new ETF strategy and branding initiative with a core series of funds for buy-and-hold investors, BBH Core Select nears capacity, and Vanguard rolls out a new TIPS product.
Upromise, Nevada drop Vanguard, hire State Street.
Attribution analysis reveals the stocks and sectors that drive (or hold back) mutual funds' returns.
Investors pour $6.3 billion into stock mutual funds in April--the largest inflow since May 2009.
A look at some funds that have lost more than half of their assets in the past year.