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Marie Chandoha, president of Charles Schwab Investment Management, told the SEC that a new study on money-market funds was troubling because it wrongly concludes that the funds are dangerously susceptible to runs and presumes more regulation is needed.
June 5 -
The tax-exempt bond market started the week off on a slow note as traders waited to take direction from what is expected to be one of the larger weeks of new issuance in the muni market.
June 5 -
Institutional investors are increasingly turning to exchange-traded funds for their investment needs, according to a Greenwich Associates study.
June 5 -
On June 5, 2012, Bob Doll, BlackRocks chief equity strategist, decided to retire from the firm.
June 5 -
Legacy expert attorneys Danielle and Andy Mayoras say that the inventors of Gore-Tex, the breathable, waterproof fabric used by many outdoorsmen, illustrate why advanced estate planning is critical.
June 4
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The Dow Jones Industrial Average trimmed 17.11 points to finish at 12,101.46 Monday while the Nasdaq and S&P 500 inched up 12.53 points and 0.14 points, respectively.
June 4 -
On June 4, 2012, Citi expanded its coverage of the investor servicing consultant community for asset managers with the appointment of Frederick Bailey as head of North America consultant relations.
June 4 -
On June 4, 2012, Ivy Funds expanded its global product line with the launch of the Ivy Global Equity Income Fund.
June 4 -
Investors poured an estimated $4.2 billion into U.S.-listed exchange-traded funds and notes during the month of May, bringing total year-to-date inflows into exchange-traded products to $63.1 billion.
June 4 -
On June 4, 2012, Marie Chandoha, president, Charles Schwab Investment Management, has a few choice words for International Organization of Securities Commissions on its recently released Consultation Report.
June 4
