Portfolio

China’s first cross-border exchange-traded fund, based on the NASDAQ-100 Index, has begun trading on the Shanghai Stock Exchange.

New rules being considered for U.S. money-market mutual funds will make them safer for investors while forcing some smaller providers out of the business, Moody’s Investors Service analysts said this week in a research report.

To bring alternative investments to a wider investor base, Goldman Sachs Asset Management has launched the Goldman Sachs Multi-Manager Alternatives Funds.

Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.

While April inflows for long-term mutual funds stood at a healthy $37.8 billion, they continued to moderate from levels seen earlier this year, according to Morningstar.

Tax-exempt money market funds had a hard time holding onto what little inflows they regained last week as $1.72 billion exited the industry and total net assets settled at $258.36 billion in the week ended May 13, according to The Money Fund Report, a service of iMoneyNet.com.

Stronger inflows made their way into municipal bond mutual funds, at $306 million for the week of May 15.

Nearly 200 financial advisors gathered at the Metropolitan Club in New York City with an aim to level the playing field within the industry.

While April inflows for long-term mutual funds stood at a healthy $37.8 billion, they continued to moderate from levels seen earlier this year, according to Morningstar.

Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.