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While April inflows for long-term mutual funds stood at a healthy $37.8 billion, they continued to moderate from levels seen earlier this year, according to Morningstar.
May 16 -
Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.
May 16 -
BlackRock plans to liquidate and close the iShares Diversified Alternatives Trust (ALT).
May 16 -
To bring alternative investments to a wider investor base, Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Multi-Manager Alternatives Fund (GMAMX, GMCMX, GSMMX, GIMMX, GRMMX).
May 16 -
Jerry W. Miller has been named head of asset and wealth management, Americas at Deutsche Bank, a newly created position.
May 16 -
New rules being considered for U.S. money-market mutual funds will make them safer for investors while forcing some smaller providers out of the business, Moodys Investors Service analysts said this week in a research report.
May 15 -
The United States is the best market for fund investors based on criteria such as investor protection, transparency, fees, taxation, and investment distribution, according to Morningstars Global Fund Investor Experience report.
May 15 -
Chinas first cross-border exchange-traded fund (ETF), based on the NASDAQ-100 Index, has begun trading on the Shanghai Stock Exchange.
May 15 -
John Hancock Investment Management Services has filed with the SEC to launch the Global Equity Fund.
May 15 -
Roberto Sanchez-Dahl, and Paolo Valle, formerly managers of the Federated Emerging Market Debt Fund, have joined Manulife.
May 15