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The Dow Jones Industrial Average fell another 26.41 points to end at 12,393.45 Thursday, wrapping up its worst May performance since 2010.
May 31 -
On May 31, 2012, Robert B. Kaplan, former co-chief of the Asset Management Unit of the U.S. Securities and Exchange Commissions Division of Enforcement, joined Debevoise & Plimpton LLP as a litigation partner resident in the firms Washington, D.C. office.
May 31 -
On May 31, 2012, Newport Beach, CA-based PIMCO filed paperwork with the Securities and Exchange Commission to launch a new fund, dubbed the Short Asset Investment Fund, to bet on investment grade bonds.
May 31 -
On May 31, 2012, The AlphaClone Alternative Alpha ETF (NYSE: ALFA) has begun trading today, launched by Exchange Traded Concepts and AlphaClone LLC.
May 31 -
There's a stark choice facing many players in the rapidly consolidating B-D game: Grow like crazy or call it quits. Here's a closer look at the the 50 largest independent broker-dealers by total revenue for 2012. Here’s a closer look at the the 50 largest independent broker-dealers by total revenue for 2012.Also see: Last Year's List. Job Satisfaction: The Independent B-D Scorecard 9 Ways to Keep Clients From Overspending in Retirement
May 31
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On May 31, 2012, Brentwood, Tenn.-based Compass Efficient Model Portfolios has launched five new equity indexes, which are calculated by Dow Jones Indexes.
May 31 -
On May 31, 2012, Morningstar, Inc. named Thomas Idzorek, chief investment officer of Morningstar Investment Management, to president of Morningstars global Investment Management division.
May 31 -
Fidelity Investments today unveiled its Fidelity Global Bond Fund and Fidelity International Bond Fund, available directly to investors, as well as through financial advisors.
May 31 -
Total estimated outflows from long-term mutual funds were $4.92 billion for the week ended Wednesday, May 23, according to data from the Investment Company Institute.
May 31 -
Hartford Financial Services Group Inc. last September put the brakes on its effort to sell its mutual-fund unit to private equity shop Clayton Dubilier & Rice LLC after banks cut back on lending for leveraged buyouts.
May 31
