Mutual Fund Weekly News Roundup for October 10

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

Mutual Fund Weekly News Roundup for October 10

Stock charts on top of business news
For mutual fund investors, staying up to date on big industry news can be very important. Below are some of the biggest news pieces for the week ended October 10.

Gateway Investment Advisers Starts New Fund

Gateway Investment Advisers announced that it has launched its third mutual fund Gateway Equity Call Premium Fund. The funds tracks the S&P 500 and sells options to generate cash flow and defend against a stock market dip.

This fund is similar to the firm’s Gateway Fund; however, it does differ from the Gateway Fund since the newly launched fund does not limit gains by protecting against losses through put options.

The firm’s parent company Natixis Global Asset Management has invested $10 million to launch the fund. Gateway’s CEO Paul Stewart noted “I would like to think it can get to $1 billion within the next two or three years, but that’s really hard to predict.”

Deutsche Asset & Wealth Management Launches Emerging and Frontier Markets Mutual Fund

On Monday, Deutsche Asset & Wealth Management launched its actively managed Deutsche Emerging Markets Frontier Fund. The fund is focused on emerging and frontier markets and will also seek exposure to economic growth and attractive risk-return potential positions.

The fund will be managed by Sean Taylor, the Head of Emerging Market Equities at Deutsche Asset & Wealth Management, and tracks the MSCI Frontier Emerging Markets Index. It will also track specific countries in the MSCI Emerging Markets index.

American Fund Expected to Break Even

On Thursday, reports were released that American Funds is expected to have its first year without big investor withdrawals since 2008. This would mark an important milestone for the firm, as it has been losing to Vanguard. According to reports, the firm is expected to break even this year.

The firm has benefited from performance from certain mutual funds, including the Capital Income Builder fund, which performed better than 74% of its peers.

The improvements have resulted in American Funds pushing actively managed funds to its clients.

Legg Mason Reports September AUM

Legg Mason reported preliminary assets under management (AUM) on Friday. AUM for September totalled $707.8 million, up from $656 billion in September 2013.

The latest data included equity inflows of $1.8 billion, fixed income inflows of $0.8 billion and liquidity inflows of $8.8 billion. The results included a negative foreign exchange impact of $5.1 billion.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next

Stock charts on top of business news

Mutual Fund Weekly News Roundup for October 10

For mutual fund investors, staying up to date on big industry news can be very important. Below are some of the biggest news pieces for the week ended October 10.

Gateway Investment Advisers Starts New Fund

Gateway Investment Advisers announced that it has launched its third mutual fund Gateway Equity Call Premium Fund. The funds tracks the S&P 500 and sells options to generate cash flow and defend against a stock market dip.

This fund is similar to the firm’s Gateway Fund; however, it does differ from the Gateway Fund since the newly launched fund does not limit gains by protecting against losses through put options.

The firm’s parent company Natixis Global Asset Management has invested $10 million to launch the fund. Gateway’s CEO Paul Stewart noted “I would like to think it can get to $1 billion within the next two or three years, but that’s really hard to predict.”

Deutsche Asset & Wealth Management Launches Emerging and Frontier Markets Mutual Fund

On Monday, Deutsche Asset & Wealth Management launched its actively managed Deutsche Emerging Markets Frontier Fund. The fund is focused on emerging and frontier markets and will also seek exposure to economic growth and attractive risk-return potential positions.

The fund will be managed by Sean Taylor, the Head of Emerging Market Equities at Deutsche Asset & Wealth Management, and tracks the MSCI Frontier Emerging Markets Index. It will also track specific countries in the MSCI Emerging Markets index.

American Fund Expected to Break Even

On Thursday, reports were released that American Funds is expected to have its first year without big investor withdrawals since 2008. This would mark an important milestone for the firm, as it has been losing to Vanguard. According to reports, the firm is expected to break even this year.

The firm has benefited from performance from certain mutual funds, including the Capital Income Builder fund, which performed better than 74% of its peers.

The improvements have resulted in American Funds pushing actively managed funds to its clients.

Legg Mason Reports September AUM

Legg Mason reported preliminary assets under management (AUM) on Friday. AUM for September totalled $707.8 million, up from $656 billion in September 2013.

The latest data included equity inflows of $1.8 billion, fixed income inflows of $0.8 billion and liquidity inflows of $8.8 billion. The results included a negative foreign exchange impact of $5.1 billion.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next