-
On May 3, two mutual fund groups vocied their concerns over the SECs money market fund proposals.
May 3 -
"Big banker pay hasn't been tamed at all. It's as though UBS hasn't learned any lessons at all from the past crises," Brigitta Moser-Harder, a small investor, on the sidelines of a meeting attended by around 3,400 shareholders.
May 3 -
Mutual funds that invest in domestic stocks have been an object of scorn.
May 3 -
Fidelity Investments yesterday reported its average 401(k) balance rose to $74,600 at the end of the first quarter
May 3 -
Investors delivered yet another blow to U.S. stock mutual funds, pulling an estimated $1.60 billion from the funds the week ended April 25. The outflow comes on top of the blockbuster $8.68 billion that was withdrawn from the funds a week earlier.
May 2 -
The Dow Jones Industrial Average closed off 10.75 points at 13,268.57 Wednesday but tech stocks helped the Nasdaq pick up 9.41 points to finish t 3,059.85.
May 2 -
On May 2, 2012, Schroders made a trio of new hires for its fixed income unit.
May 2 -
The 11th U.S. Circuit Court of Appeals in Montgomery, Ala., said a federal district judge in Atlanta erred in finding that the alleged misrepresentations made by Morgan Keegan brokers about the debt were not material. It sent the case back to the district court for more proceedings.
May 2 -
On May 2, 2012, Boston Financial hired a former DST sales executive.
May 2 -
On May 2, 2012, PIMCO revealed that its flagship fund hit a new milestone.
May 2
