Portfolio

On May 11, 2012, MME filed a report from the ICI GMM conference.

On May 11, 2012, Lipper said ETFs experienced redemptions of $6.5B for the week ended May 9.

It looks as if the BRICs have seen their best days, but what's next?

On May 11, 2012, Mary L. Schapiro said the Securities and Exchange Commission intends to directly “confront’’ a new round of long-term reforms to the nation’s money market mutual funds.

Fidelity Investments has launched a pair of global equity income funds: Fidelity Global Equity Income Fund -- available directly to investors -- and Fidelity Advisor Global Equity Income Fund -- available through financial advisors.

Online media pioneer Arianna Huffington told attendees of the Investment Company Institute’s annual membership meeting that “there’s no greater stress than financial stress.’’ And the media needs to do better at spotting and explaining potential points of stress, before they occur.

Regulators in nations around the world, including fast-developing markets, don’t know quite what to make of the asset management business, fund executives said.

Tax-exempt money market funds generated inflows for the first time in nearly a month, as $2.84 billion of new cash flowed in and total net assets settled at $274.96 billion in the week ended May 7, according to the Money Fund Report, a service of iMoneyNet.com.

Municipal bond mutual funds saw a huge week of inflows, as investors continue to see strength in the market.

The Dow Jones Industrial Average finished in the black for the first time in seven trading sessions Thursday, gaining 19.98 points to close at 12,855.04 as bank and energy stocks moved higher.