Portfolio

Total money market mutual fund assets increased by $6.22 billion to $2.665 trillion in the week ended Feb. 22, the Investment Company Institute reported.

The Municipal Securities Rulemaking Board has released a long-range plan to improve transparency in the muni market by collecting a wide range of new information from a variety of sources, integrating that data on the Electronic Municipal Market Access system, and making it available to investors and other market participants in a more user-friendly and searchable format.

Total money market mutual fund assets increased by $6.22 billion to $2.665 trillion in the week ended Wednesday, Feb. 22, the Investment Company Institute reported.

Deborah Fuhr is launching her own firm devoted to research and consulting in the exchange trade market, called ETF Global Insight.

The Dow Jones Industrial Average rallied up 46 points to close at 12.984.69 Thursday as investors took a shine to stocks in virtually all the major industries following a one-day sell-off.

Yorkville Capital Management said it created 11 sector indices and 4 composite indices that will track the performance of investment partnerships that get traded on public exchanges.

BlackRock’s former global head of exchange traded fund research, Deborah Fuhr, is back.

Affluent retail investors are pulling assets away from traditional mutual funds in favor of exchange-traded funds and other alternatives, resulting in significant market consolidation, according to new findings by Cogent Research.

Cove Street Capital is sponsoring its first mutual fund, the CSC Small Cap Value Fund, which it begin managing on Jan. 27. The fund’s former investment manager was City National Asset Management, Inc.

Affluent retail investors are pulling assets away from traditional mutual funds in favor of exchange-traded funds and other alternatives, resulting in significant market consolidation, according to new findings by Cogent Research.