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Total estimated outflows from long-term mutual funds were $488 million for the week ended Wednesday, October 31, according to data from the Investment Company Institute.
November 7 -
Pioneer Investments is expanding its sales team in the Asia Pacific region with the additions of Martin Park as a sales director in Korea, Hiromi Wada as a Japan representative and Matthew Marks as Sales Director Institutional Asia.
November 7 -
The Fidelity U.S. Dividend Fund is managed by James (Jim) Morrow who runs a similar fund for U.S. investors.
November 7 -
With four more years of the Obama administration, members of the financial advisory industry share their perspectives on what the win means for the industry and the clients they serve.
November 7 -
Pyxis Capital has launched the Pyxis iBoxx Senior Loan ETF, which the firm is touting its new offering as the only ETF to track the Markit iBoxx USD Liquid Leveraged Loan Index, a measure of the broad loan market comprised of 100 of the most liquid, tradable leveraged loans.
November 7 -
As the balance of power in Washington is upheld, advisors prepare for tax increases in 2013
November 7 -
U.S. bank has added two new professionals to its super-wealthy business and hired a former Morgan Stanley Smith Barney officer for its business serving high-net-worth clients.
November 7 -
Buying high and selling low isnt a portfolio-damaging behavior that only investors struggle with.
November 7
Financial Planning -
The uncertainty has vanished with the re-election of Barack Obama as president. But the incumbent who won a second term last night still has a number of problems that he continues to face from a sluggish economic recovery, a huge deficit, a stubbornly high unemployment rate and of course, the fiscal cliff.
November 7
On Wall Street -
Elizabeth Warren, the CFPB architect and frequent bank critic, was elected late Tuesday to the Senate, much to the dismay of the financial services industry.
November 7
