Portfolio

Assets of institutional money market funds increased by $13.17B in the last week, the third largest inflow of institutional money since the end of March.

The Securities and Exchange Board of India is preparing to take a number of steps to reenergize the mutual fund industry in India.

The tax-exempt market ended on a steady tone Friday after weakening during every other trading session.

The Dow Jones Industrial Average scampered up 25.09 points Friday to finish at 13.275.20 while the Nasdaq and S&P 500 added 14.20 points and 2.65 points, respectively.

Principal Funds has rolled out the Principal Opportunistic Municipal Fund, which can invest across a broad range of credit qualities, durations and geographic exposures.

Municipal debt funds stayed on track for the 18th consecutive week of net inflows, this time for $0.9 billion.

SS&C has consolidated its fund administration and Portia portfolio investment accounting system businesses in a single business unit renamed SS&C GlobeOp.

The Securities and Exchange Board of India met yesterday and took a number of steps to reenergize the mutual fund industry in India.

More than a third of investors are less tolerant of risk than they were eight months ago, according to a new TD Ameritrade investor sentiment survey.

QFS Asset Management announced that Dr. Jim Xiong has rejoined the firm as co-chief investment officer.