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Pimco's 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.
April 14 - Money Management Executive
What a neat run have exchange-traded funds had.
April 14 -
The job market in asset management may not be back to pre-crisis levels, but hiring will likely pick up after second quarter earnings reports, says recruiter George Wilbanks, president of Wilbanks Partners.
April 14 -
Eaton Vance has proposed a new form of fund that is a hybrid between a mutual fund and an exchange-traded fund, called an exchange-traded managed fund (ETMF).
April 14 -
The Securities and Exchange Commission is getting social.
April 14 -
New York-based Krane Funds Advisors is prepping a series of passive exchange-traded funds to add to the growing list of ETF products in the market
April 12 -
Richard Weil, chief executive officer at Janus Capital Group had his compensation reduced 19% to $4.98 million in 2012 as investors withdrew $12.1 billion from the firm.
April 12 -
Memphis, TN-based SouthernSun Asset Management is closing its SouthernSun Small Cap Fund (SSSFX) to new investors on May 17, according to a regulatory filing.
April 12 -
Mutual fund investors rolled some $2.0 billion into equity mutual funds for the week ended April 10, according to Jeff Tjornehoj, Head of Americas Research at Lipper, who said that: Lest anyone get too excited about the inflows, they were the lightest weekly net sales of this year.
April 12 -
Money market assets fell $8.9 billion to $2.6 trillion for the week ended April 10, according to Investment Company Institute data.
April 12