Portfolio

Tax exempt money market funds decreased $1.88 billion and total net assets settled at $278.20 billion in the week ended Feb. 18.

Flows to municipal bond mutual funds remained positive for a seventh straight week, but only modestly so, recording $292 million in inflows for the week of Feb. 20.

Fidelity Investments, the second- biggest mutual fund manager in the U.S., plans for the second time this year to bar new investors from a fast-growing fund focused on small-company stocks.

Crestview Partners has announced that it will acquire Victory Capital Management from KeyCorp for $246 million.

Charles Schwab Corporation continues to tout low fees with the announcement of first-year results for Schwab Index Advantage.

Charles Schwab Investment Management today announced that its suite of 15 equity and fixed income exchange-traded funds reached $10 billion in assets under management as of February 8.

When it comes to disclosure, everyone's for transparency.

State Street Global Advisors has launched the SPDR Russell 2000 Low Volatility ETF (SMLV) and the SPDR Russell 1000 Low Volatility ETF (LGLV) to bet on small and large cap equities.

The Internal Revenue Service said Wednesday that it has observed problems with the filings for education tax credits that could be delaying processing of tax returns.

Fidelity Investments has made its first big step in becoming a provider of actively managed ETFs.