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Long-term mutual funds ended the week of Jan. 20 with net inflows of $13.18 billion, according to the Investment Company Institute. This brings the sales streak to 45 straight weeks totaling $454 billion.
January 29 -
Now that BlackRock Inc. has become the elephant in the room, the New York-based money manager plans to spend 2010 expanding internationally, developing its exchange-traded fund and defined contribution businesses.
January 29 -
Janus Capital Group enjoyed the benefits of the market recovery and increased demand for its fixed income funds as it posted strong profits for the fourth quarter.
January 29 -
After spending much of the past two years repairing its balance sheet, E-Trade Financial Corp. plans to shift its customer base from just active traders to include more long-term investors.
January 29 -
Despite a strong fourth quarter that saw assets under management and investment fees surge, T. Rowe Price Group Inc. still plans to follow a more conservative strategy than some its peers.
January 29 -
Sun Life Financial is announcing the new Sun Life Rising Star Awards program, through will it will provide more than $1 million in grants, scholarships and financial education to thousands of at-risk youth and the non-profit organizations that work on their behalf. The program recognizes high school students who are committed to furthering their education.
January 28 -
The Great Recession has prompted an overwhelming majority of American workers to believe it’s time for a new and improved model for workplace retirement programs, Prudential Financial found in a survey.
January 28 -
The Spectrem Millionaire Investor Confidence Index advanced one point in January to -9, marking the sixth straight month it has been in neutral territory. It declined six points in December.
January 28 -
Delaware Investments has launched the Delaware Macquarie Global Infrastructure Fund in partnership with Macquarie Capital Investment Management, sub-advisor to the fund.
January 28 -
The ETF Council, a new trade organization for exchange-traded funds that will focus on both marketing and lobbying, is set to launch next month.
January 28