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On August 6, 2012, Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.
August 6 -
Investors steered an estimated $17.1 billion into exchange-traded funds and notes in July, bringing their total investment in the products to $93 billion for the year, according to the latest data from the ETF Industry Association.
August 3 -
On August 3, 2012, An arbitration panel has struck down an investors $1 million-plus claim against Morgan Keegans troubled bond funds, citing the standard industry warning Past performance is not guarantee of future results.
August 3 -
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Attention, asset managers: The Registered Investment Advisor channel is one place where you can differentiate your offering in a crowded marketplace, according to Cerulli Associates.
August 3 -
There's no question that breaking the buck value of a share, permanently, would upend if not destroy the foundation of the money market mutual fund industry.
August 3 -
David Wray, president of the Plan Sponsor Council of America, will retire from his post as president of the PSCA at the end of September.
August 3 -
Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.
August 3 -
As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.
August 3 -
On August 3, 2012, Fidelity Investments is reportedly gearing up to make a run at the active exchange-traded fund space, Bloomberg News reports.
August 3