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Assets flowed out of ETFs in May, the first time flows have reversed direction since August 2010, according to State Street Global Advisors, which just released its latest Snapshot report tracking ETF funds.
June 8 -
Rule changes brought on by the Dodd-Frank Wall Street Reform Act are expected to produce the most change in the way trading in contracts involving interest-rate commitments.
June 8 -
Following passage of a new state law aimed at assuaging investor fears of bankruptcy, the city of Ecorse next week will sell $9.3 million of financial recovery bonds, making it one of Michigans only municipalities to enter the bond market while under state-controlled receivership.
June 8 -
When the Build America Bond program ended there were two schools of thought. One argued that BABs would become an orphan class, with prices in the secondary market suffering from illiquidity. Another group thought there would be some scarcity value to the product and they would appreciate in value.
June 8 -
A new report from MetLife this week suggests that financial advisors need to do a better job of educating their clients about the importance of managing their emotions as well as their spending and investing behavior during and close to retirement just as they did -- presumably -- when they were younger and saving up for their golden years.
June 7 -
Credit Suisse Asset Management has re-launched the Credit Suisse Floating Rate High Income Fund, previously known as the Credit Suisse High Income Fund.
June 7 -
Peter Drake, vice president of retirement and economic research at Fidelity Investments Canada, spoke of five retirement risks in a speech Monday at the Canadian Institute of Financial Planners annual conference in Ottawa.
June 7 -
Parametric Launches Structured Commodity Strategy Fund
June 7 -
As many as four additional financial services firms may join the domestic bid to take over Canada's TMX Group, operators of the Toronto and Montreal Exchanges.
June 7 -
Four FaithShares' exchange traded funds (ETFs) tailored for individual Christian denominations are being discontinued due to flagging investor interest.
June 6


