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Total money market mutual fund assets increased by $28.39 billion to $2.665 trillion for the week ended Wednesday, December 26, according to data from the Investment Company Institute.
By Hung TranDecember 30 -
Total estimated outflows from long-term mutual funds were $4.49 billion for the week ended Wednesday, December 19, according to data from the Investment Company Institute.
By Hung TranDecember 27 -
Goldman Sachs Asset Management is currently prepping an alternative mutual multi-manager fund to launch in 2013.
By Hung TranDecember 26 -
Base salaries for hedge fund and mutual fund managers are projected to increase 3.5% and incentive pay is projected to rise by 0-10% from 2011 to 2012, according to a new study from Greenwich Associates and Johnson Associates.
By Hung TranDecember 26 -
ALPS last week unveiled its exchange-traded fund joint venture with Goldman Sachs in the form of four new ETFs.
By Hung TranDecember 25 -
So what are three elements that are going to shape the mutual fund landscape in 2013? The answer lies in regulation, exchange-traded funds and operational outsourcing, according to a report from Deloitte.
By Hung TranDecember 25 -
The combined assets of the nations exchange-traded funds rose in November by $26.06 billion, or 2.1%, to $1.295 trillion.in November, according to data from the Investment Company Institute.
By Hung TranDecember 23 -
Investors redeemed $6.57 billion from mutual funds for the week ended Wednesday, December 12, according to data from the Investment Company Institute.
By Hung TranDecember 21 -
Target-date funds are slowly inching their way into 401(k) plan participants portfolios.
By Hung TranDecember 21 -
"We are likely to end 2012 with a record level of assets'' in exchange-traded funds and other exchange-traded products, said Deborah Fuhr, Managing Partner at ETFGI, the London consulting firm that compiles the numbers. This should also reflect "a record level of net new assets invested into the products during the year.''
By Hung TranDecember 21 -
Belinda Sherman has been promoted to president of The Huntington Investment Company, reporting to Steven Short, director of Huntington Wealth Advisors.
By Hung TranDecember 20 -
Americans held $5 trillion in all employer-based DC retirement plans on September 30, of which $3.5 trillion was held in 401(k) plans, according to data from the Investment Company Institute.
By Hung TranDecember 20 -
Invesco PowerShares Capital Management said it plans to close 13 ETFs, which represent less than 1% of Invesco PowerShares total assets.
By Hung TranDecember 20 -
Bill McNabb, chief executive officer of the Vanguard Group, has 130 billion reasons to smile this holiday season.
By Hung TranDecember 20 -
Asset managers are largely using social media to promote their brands, according to the latest research from Cerulli Associates.
By Hung TranDecember 19 -
The Securities and Exchange Commission is turning over its leadership with the departure of yet another high-ranking official.
By Hung TranDecember 13 -
The exchange-traded funds space has had its fair share of successful launches and flameouts this year.
By Hung TranDecember 13 -
Huntington Asset Services is looking to boost its sales team.
By Hung TranDecember 12 -
Mark Cahn, general counsel at the Securities and Exchange Commission, is leaving the agency at the end of the year to return to the private sector.
By Hung TranDecember 6 -
BlackRocks latest November 2012 ETP Landscape Report paints a rosy picture for exchange-traded products heading into the New Year.
By Hung TranDecember 5