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The global exchange-traded product industry surpassed the $2 trillion mark last month, finishing the month with $40.2 billion of inflows, according to BlackRocks latest ETP Landscape report.
February 5 -
Citi has snagged a mandate from Forward Management to provide global custody services to support the Forward Funds, a family of traditional and alternative mutual funds with assets of $6 billion.
February 5 -
Confluence has promoted two its key executives - James Skip Smith and Frederick Winston - to the roles of chief operating officer and chief financial officer, respectively.
February 5 -
Not in Fairholme's in-crowd? Investors have one month before it's too little, too late.
February 4 -
Excelsior, MN-based LoCorr Fund Management is looking to add another alternative mutual fund to its lineup.
February 4 -
iShares is prepping an active exchange-traded bond fund to launch within the next two months.
February 4 -
American Century has hired an army veteran as its newest vice president.
February 4 -
BlackRock the worlds biggest money manager, is accused in a lawsuit by two pension funds of reaping grossly excessive compensation from securities- lending returns associated with iShares.
February 4 -
The Securities and Exchange Commission last month promoted George Canellos, currently Deputy Director of the Division of Enforcement, as Acting Director
February 4 -
For mutual fund firms, 2013 could be a particularly challenging year.
February 1 -
Stadion Money Management has found itself a new distribution partner.
February 1 -
Mary Jo White, a former prosecutor and defense lawyer, is sometimes referred to as Attila the Hun by her peers.
February 1 - Money Management Executive
There are a few mutual fund companies that have been around for over a century-like Legg Mason or Old Mutual Asset Management.
February 1 - Money Management Executive
Seventeen years ago, the fellow running the $44 billion Fidelity Magellan fund, Jeffrey Vinik, found himself touting his favorite technology investments in what most pickers of stocks would consider an outlet they would never set foot in.
February 1 -
Equity mutual funds are experiencing a resurgence in the first month of the new year. But investors continue to pour money into bond funds, as interest-rates remain low fpr the foreseeable future
February 1 -
Insurer Symetra is making wholesale changes to its Mutual Funds Trust.
February 1 -
Equinox Financial Group is following up on its recent acquisition of Tapestry Asset Management, a hedge fund shop, by launching a long/short fund with Princeton, NJ-based Tapestry as the subadvisor.
February 1 -
Eaton Vance has launched a new bond fund backed by veteran bond picker Kathleen Gaffney.
February 1 -
U.S. mutual funds and ETFs drew in $17.9 billion the week ended Jan. 30, wrapping up the first month of 2013 with total net inflows of $51.7 billion.
February 1 -
Total money market mutual fund assets dropped by $770 million to $2.695 trillion for the week ended Wednesday, January 30, according to the Investment Company Institute.
February 1