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Net Inflows among tax-exempt money market funds were $6.18 billion in the week ended Jan. 7, according to The Money Fund Report, a service of iMoneyNet.com.
January 11 -
International fund of hedge funds Grosvenor Capital Management is taking a stab at the mutual fund space with an alternative fund of funds.
January 10 -
Virtus Investment Partners is buying a 24% stake in Kleinwort Benson Investors International, Ltd., a wholly-owned subsidiary of Kleinwort Benson Investors, which provides specialized equity strategies primarily to institutional investors.
January 10 -
Continuing its rapid expansion, CapTrust Financial Advisors, a large Raleigh, S.C. registered that serves private and institutional investors, acquired Freedom One Financial Group. Freedom One provides retirement plan and investment advisory services to companies in emerging markets.
January 10 -
Thomas Kane, a UBS financial advisor who ranks number 29 on our list, has turned to hedge funds, private equity and real estate to bolster his clients portfolios.
January 10 -
One day after Goldman announced that it was publishing daily shadow values of its money funds, J.P. Morgan Funds and BlackRock are also planning to publish net asset values for their own money funds.
January 10 -
The Vanguard Group today is following through with its plans to switch six international stock index funds to FTSE benchmarks by transitioning its Vanguard Emerging Markets Stock Index Fund, which previously tracked the MSCI Emerging Markets Index, to the FTSE Emerging Transition Index, effective immediately.
January 10 -
What better way to celebrate stunning growth in assets under management than with another new fund?
January 10 -
BlackRock Inc., the worlds largest asset manager, agreed to buy an exchange-traded funds unit from Credit Suisse Group AG to boost its presence in Switzerland.
January 10 -
Goldman Sachs Asset Management is currently prepping a master limited partnership fund to launch within the next few months
January 10

