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Total money market mutual fund assets dropped by $11.64 billion to $2.564 trillion for the week ended Wednesday, October 3, according to the Investment Company Institute.
October 5 -
The Long Short Interest Rate Strategy Fund is getting a new facelift.
October 4 -
Discounted mutual fund investing platform provider SaveDaily is now offering open-end mutual fund and exchange-traded fund data from Morningstar.
October 4 -
Multi-manager shop Virtus Investment Partners has unveiled a new manager, Newfound Investments, which will expand Virtus' offerings to include rules-based strategies to manage a variety of asset classes.
October 4 -
Exchange-traded funds may be here to stay but the need for education continues, according to the 2012 ETF Investor Study by Charles Schwab.
October 4 -
"In five years," Brian Holmes of Los Angeles-based Signature Estate and Investment Advisors predicted, "I expect that we'll manage more than $5 billion, with revenues over $30 million."
October 4
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A sign of confidence in the economy and charitable values, more than three-fourths expect to continue or increase giving by 2017.
October 4 -
SEC member Dan Gallagher said Thursday were going to see whether there is now a majority of commissioners ready to vote in favor of a floating net asset value for shares of money market mutual funds.
October 4
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iShares has launched the first ETF to offer exposure to global AAA- and AA-rated government bonds.
October 4 -
Touchstone Investments has hired BNY Mellon as its accounting and administration, transfer agency and blue sky service provider for four additional Touchstone funds.
October 4
