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Mutual funds continued their inflow streak yet again the week ended Feb. 27, but domestic equity funds saw their first outflows since the week ended Dec. 31, 2012.
March 8 -
Flows into tax-exempt money market funds were positive by $17 million in the week ended March 4 as total net assets only increased to $278.79 billion, according to The Money Fund Report, a service of iMoneyNet.com.
March 8 -
For the first time in nine weeks, muni bond funds that report flows weekly recorded outflows for the week of March 6, at $97 million.
March 8 -
OppenheimerFunds has launched the Diversified Alternatives Fund (ODAAX), a fund of funds that has exposure to the firms alternative mutual funds.
March 7 -
Total money market mutual fund assets dropped by $16.70 billion to $2.646 trillion for the week ended Wednesday, March 6, according to the Investment Company Institute.
March 7 -
Morningstar has handed out some extra gold stars.
March 7 -
The SEC and the IRS have met to discuss tax implications if money-market mutual funds were to adopt a floating share price, two people familiar with the talks said.
March 7 -
The Touchstone Global Real Estate Fund is getting a new sub-advisor.
March 7 -
Jeffrey Rubin, a Florida broker, was barred from the securities industry after more than 30 National Football League players including Terrell Owens lost at least $40 million on an Alabama casino project that went bankrupt.
March 7 -
J.P. Morgan Asset Management today launched the 2013 edition of its Guide to Retirement to help advisors with their retirement practices.
March 7