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For the second consecutive week, equity exchange-traded funds experienced net outflows, handing back some $2.8 billion, while conventional mutual fund took in $500 million.
June 10 -
Investors pulled more money from municipal bond mutual funds than they have all year as funds that report flows weekly recorded outflows of $1.47 billion for the week ending June 5.
June 10 -
Trading at 25% down from an all-time high of $1,921 per ounce, gold's recent prices may have you thinking that the bull run is over.
June 9 -
One year after the "untimely" death of Richard Aster, founder of Larkspur, Calif.-based Aster Capital Investment Management, the investment advisor is selling off its assets.
June 9 -
ProShares has added Ramesh Babu as chief technology officer and William Poulin as head of product management.
June 7 -
The Wilmington Rock Maple Alternatives Fund (WRAIX) is making due with one less advisor starting today.
June 7 -
Portland, Ore. and Omaha, Neb.-based FolioMetrix has renamed its FMX retail mutual fund family the RiskX funds in favor of something that better reflects what the company does, according to the firm.
June 7 -
New York-based W.P. Stewart & Co. has hired Michael Maquet as chief executive officer, effective June 10.
June 7 -
Neuberger Berman Group has launched the Neuberger Berman Flexible Select Fund (NFLIX, NFLAX, NFLCX) to bet on The Fund will invest in the equity, fixed income and cash equivalent assets classes.
June 7 -
For the second consecutive week equity exchange-traded funds experienced net outflows, handing back some $2.8 billion, while their conventional mutual fund brethren took in $0.5 billionfor their twenty-second consecutive week of net inflows, according to Lipper data.
June 7