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There were more than 7,693 mutual funds at the end of February 2012, according data from the Investment Company Institute.
March 30 -
The moment was remarkable, if not dramatic.
March 30 -
Investment advisor Matthew Tuttle spends a lot of time moving the money of newly-acquired clients out of mutual funds and into exchanged-traded instruments.
March 30 -
Los Angeles, Calif.-based Oaktree Capital Group, LLC has filed paperwork with the Securities and Exchange Commission for an IPO priced at $595 million with Class A units valued between $43 and $46 per share.
March 30 -
Lazard Asset Management LLC has launched the Lazard Global Fixed Income Portfolio targeting both institutional and individual investors.
March 30 -
1492 Capital Management is jumpstarting its mutual fund business with the addition of Michael Micciche as vice president of sales, responsible for developing the sales strategy across market segments and investors.
March 30 -
Mergers and acquisitions in the U.S. financial services industry took a dip last year but potential sell-offs in Europe could pave the way for a better M&A market for 2012 and beyond, according to a new PwC report.
March 29 -
ProShares has launched the ProShares UltraPro Short 20+ Year Treasury. The ETF lists on NYSE Arca today.
March 29 -
New York-based Clear Alternatives is ready to make a name for itself in the asset management space.
March 29 -
Officials at State Street Corporation today have a few billion reasons to smile.
March 29