Portfolio

State Street Global Advisors has launched the SPDR S&P 1500 Value Tilt ETF (VLU) and the SPDR S&P 1500 Momentum Tilt ETF (MMTM), which began trading on the NYSE Arca yesterday.

Total money market mutual fund assets increased by $940 million to $2.569 trillion for the week ended Wednesday, according to data from the Investment Company Institute.

Securities and Exchange Commission officials downplayed the potential for the so-called budget "sequestration" Thursday, but said dealers selling Build America Bonds should inform investors of any potentially risky call provisions.

Terri Labrecque has been named head of marketing for BNY Mellon’s Asset Servicing business, Money Management Executive has learned.

Total money market mutual fund assets increased by $940 million to $2.569 trillion for the week ended Wednesday, October 24, according to data from the Investment Company Institute.

It turns out that Jasen Snelling, the Cincinnati man who was sentenced Tuesday to 131 months in prison for running a Ponzi scheme, also ran a ‘successful” mutual fund back in the day.

This week, four funds earned Morningstar’s highest Gold ratings.

Strict new reporting rules on global assets and earnings is prompting blowback from financial institutions.

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Almost seven in 10 mass-affluent couples (69%) discuss their finances at least a few times a month. That’s more than what many spend talking about other topics, such as the election, work, sex, and even their kids.