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Matthews Asia is closing its Gold-rated Matthews Asia Dividend Fund (MAPIX), which bets on income-paying stocks in the Asia Pacific region, to new investors on June 14.
May 30 -
T. Rowe Price is selling off its subsidiary, T. Rowe Price Savings Bank, to Jacob Safra for some $24 million in cash, the firm revealed today in a filing.
May 30 -
State Street Global Advisors has added two more SPDRs to its lineup: the SPDR S&P Global Dividend ETF (WDIV) and the SPDR Barclays 1-10 Year TIPS ETF (TIPX).
May 30 -
Mutual fund assets inched up by $179.6 billion, or 1.3%, to $13.856 trillion in April, according to data from the Investment Company Institute.
May 30 -
Investment Company Institute chief public communications officer Mike McNamee is speaking out in anticipation of the Securities and Exchange Commission hearing on money market fund reform.
May 30 -
API Funds is focusing on building advisor tools with a new alliance.
May 30 -
Mutual funds attracted estimated inflows of $7.97 billion for the week ended Wednesday, May 22, according to data from the Investment Company.
May 29 -
Robeco Investment Management has named Kerry James as head of institutional distribution, effective June 1.
May 29 -
Brian Schaub and Chad Meade, fund managers who quit Janus Capital Group this month, have joined Arrowpoint Partners, a Denver-based hedge-fund firm co-founded by their former colleague David Corkins.
May 29 -
ING U.S. announced yesterday that the underwriters in its initial public offering have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share.
May 29