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Ten struggling exchange-traded funds that have attracted less than $18 million, or 3% of WisdomTrees $6 billion in assets under management, will be shut down on March 24.
February 2 -
Based on the strong performance Putnam Investments funds delivered across a wide variety of asset types in 2008, the annual Lipper/Barrons Fund Families Survey has selected Putnam as the No. 1 mutual fund family of 61 offerings.
February 2 -
Financial Network, Primevest and Multi-Financial score key technology and compliance funding in Marron deal.
February 1 -
Based on the strong performance Putnam Investments’ funds delivered across a wide variety of asset types in 2008, the annual Lipper/Barron’s Fund Families Survey has selected Putnam as the No. 1 mutual fund family of 61 offerings.
February 1 -
Advisor confidence in the economy and the stock market rose in January, according to Rydex SGI AdvisorBenchmarking.
February 1 -
Macquarie Group has launched the Macquarie Mexican Infrastructure Fund, with approximately $5.2 billion in initial commitments from Mexican pension funds, Macquarie and Mexico’s National Infrastructure Fund, the latter of which, as a cornerstone investor in the fund, has made an initial commitment of $1.04 billion to $3 billion.
February 1 -
Waddell & Reed earned $33.3 million, or 39 cents a share, in the fourth quarter, an impressive turnaround from the $730,000, or 1 cent a share, it lost in the last quarter of 2008.
February 1 -
After plummeting 46.63% in 2008, real estate mutual funds outpaced the S&P 500 by seven percentage points in 2009, delivering an average of 30.34%. This year, however, managers of these funds expect only modest, single-digit gains.
February 1 -
Coming off a rough week in the stock market, industry economists look at the status of the global recoveryand the risks and opportunities that lie ahead commentary from T. Rowe Price, Standard and Poors and GE Asset Management, plus this weeks report and corporate earnings calendar.
February 1
