Portfolio

What is driving the upswing in assets in socially responsible investments?

iShares has launched four iSharesBonds Corporate ex-Financials Term exchange-traded funds.

As a financial advisor to numerous types of clients, including recent retirees, I often think deeply about the issues my clients face in this market environment.

Longleaf Partners is flipping the placard on its Global Fund from “Closed” to “Open”. The fund originally launched on December 31, 2012.

U.S. mutual funds and exchange-traded funds, excluding money-market funds, pulled $6.5 billion in net inflows in the week ended April 17, according to Lipper.

UBS Global Asset Management (Americas) is liquidating one of its 25 money market funds in June.

BlackRock said first-quarter earnings rose 10% as its exchange-traded stock funds drew client cash and assets increased.

The market saw outflows to muni bond mutual funds for a seventh consecutive week at $535 million.

The money market fund industry fell victim to seasonal outflows as significant withdrawals by individuals and corporations signaled the arrival of the filing deadline for federal income tax season in the week ended April 15, according to The Money Fund Report.

Total money market mutual fund assets dropped by $27.47 billion to $2.595 trillion for the week ended Wednesday, April 17, according to the Investment Company Institute.