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On May 24, 2012, ICI reports that Total estimated inflows to long-term mutual funds were $3.90 billion for the week ended Wednesday, May 16.
May 24 -
UBS Investment Bank has rolled out a pair of ETRACS Exchange Traded Notes linked to the Dow Jones U.S. Select Dividend Index and the S&P High Yield Dividend Aristocrats Index.
May 24 -
Vanguard is continuing its trend of cutting the legs out from under its competition by eliminating or reducing fees on 34 Vanguard funds.
May 24 -
AdvisorShares has partnered with explorer, social entrepreneur and environmental advocate Philippe Cousteau, Jr. to launch AdvisorShares Global Echo ETF (NYSE: GIVE), an active, multi-manager socially responsible fund.
May 24 -
On May 24, 2012, AdvisorShares has partnered with explorer, social entrepreneur and environmental advocate Philippe Cousteau, Jr. to launch AdvisorShares Global Echo ETF (NYSE: GIVE), an active, multi-manager socially responsible fund.
May 24 -
The Dow Jones Industrial Average lopped off another 6.66 points to end at 12.496.15 while the Nasdaq and S&P 500 added 11 points and 2.23 points, respectively.
May 23 -
For the week ended May 16, investors pulled an estimated $3.45 billion from U.S. stock mutual funds. Thats $1.10 billion more than they withdrew from the funds a week earlier.
May 23 -
On May 23, 2012, Vanguard announced fee reductions for 34 funds.
May 23 -
On may 23, 2012, UBS Investment Bank rolled out a pair of ETRACS Exchange Traded Notes linked to the Dow Jones U.S. Select Dividend IndexSM and the S&P High Yield Dividend Aristocrats Index.
May 23 -
On May 23, 2012, Los Angeles-based Causeway Capital Management LLC has replaced Pzena Investment Management, LLC as subadviser to the Harbor Global Value Fund effective May 25.
May 23

