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In an already crowded field, Northern Trust Corp. is the latest financial-services company to try and make its mark in the exchange-traded fund business.
May 27 -
CHICAGO -- Weekly reporting municipal bond mutual funds had a net inflow of $815 million during the period ending May 21, AMG Data Services reported.
May 27 -
We were rather startled when we read as a sidenote in a story on money market mutual fund flows in The Wall Street Journal the other day that Financial Research Corp., the go-to source for industry- and firm-wide sales data, would no longer be publishing its figures.
May 26 -
Vanguard Group announced that it has added Edinburgh Partners Ltd. as a sub-advisor to its international value fund.
May 26 -
WASHINGTON-Market participants hailed last Tuesday's long-awaited but widely expected Supreme Court decision that upheld 42 states' preferential tax treatment of their bonds as a "resounding victory" for the municipal securities market.
May 26 -
Evergreen Investment Management Co. LLC is trying to expand by pulling together its disparate pieces, improving its ability to sell products and moving into more foreign markets.
May 26 -
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The nearly $80 billion that was pulled from money market funds in April was the highest monthly total in 16 years.
May 26 -
The information technology sector has surpassed financials as the largest sector in the S&P 500 index for the first time since early 2002, Howard Silverblatt, senior index analyst for Standard & Poor's, told BusinessWeek.com.
May 26