-
Westwood Holdings Group, Inc. has rolled out the Westwood Short Duration High Yield Fund, which will bet on non-investment grade debt with expected maturities of three years or less.
March 5 -
Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, are warning the SEC that eliminating the fixed $1 price of fund shares will scare away many investors who want some minimum level of value stability in their assets.
March 5 -
With some fairly significant caveats, there is hope that the bank channel will see better days ahead this year. But first, it has to get through the current doldrums.
March 5 -
Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, are warning the Securities & Exchange Commission that eliminating the fixed $1 price of fund shares will scare away many investors who want some minimum level of value stability in their assets.
March 5 -
The Dow Jones Industrial Average trimmed 2.73 points to finish at 12,977.57 Friday while the Nasdaq and S&P 500 gave back 12.78 points and 4.46 points, respectively.
March 2 -
Three advisors from Merrill Lynch have left their posts to form COVA Wealth Management, a subsidiary of Raymond James Financial Services.
March 2
-
Westwood Holdings Group, Inc. has rolled out the Westwood Short Duration High Yield Fund, which will bet on non-investment grade debt with expected maturities of three years or less.
March 2 -
Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, have a few choice words for the Securities & Exchange Commission about more money- market regulations.
March 2 -
James N. Augustine, Jr. has joined Stifel Nicolaus as COO of its Institutional Group's Fixed Income Division. Augustine, who has been with Morgan Keegan and Bear Stearns, was previously head of the Fixed Income Department at Raymond James. He was named to that post last April.
March 2 -
A co-founder of BlackRock said Friday that money market mutual funds would survive, if their asset values would allowed to float from their a stable $1 net asset value per share.
March 2
