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Municipal bond mutual funds saw inflows for the 27th consecutive week. Funds that report their flows weekly recorded inflows of $621 million for the week ended Oct. 17.
October 22 -
Bank of America Merrill Lynch has just finished work on a new supply chain finance module for its CashPro Online banking channel for corporate clients.
October 22 -
The acquisition of Rochdale Investment Management helped raise City National Corp.'s third-quarter income 44% from a year earlier to $59.8 million.
October 22 -
Total assets in registered alternative mutual funds and exchange-traded funds are projected to reach $330 billion by year-end 2012nearly double the $169 billion of assets in 2007. If the industry can raise advisors and clients comfort level with liquid alternatives, that figure could virtually double again, to $650 billion in 2017, according to a new study by Financial Research Corporation (FRC).
October 22 -
Federal regulators are reviewing banks' growth plans, particularly those that include third-party companies. To avoid excessive scrutiny, industry experts advise banks to proactively discuss such relationships with examiners.
October 22 -
Got an account in the red for the year? Dropped some iffy advice? That can be forgiven. But wait too long to call that millionaire client back and you might be out an account.
October 22 -
Want to avoid personal liability in, for instance, properly valuing the assets in funds you manage?
October 19 -
Think operations managers don't get enough respect?
October 19 -
Boston-Determining which asset classes and markets are currently attracting the most investor attention can be a daunting task for asset managers.
October 19 -
Since Hatteras Funds acquired the Alpha Hedged Strategies Fund in 2009 from AIP Mutual Funds, the fund family has grown to $700 million in assets under management.
October 19 -
The move by Vanguard, the nation's third largest manager of ETFs, to change the benchmark on 22 of its index funds and ETFs earlier this month reverberated throughout the indexing industry, placing it squarely on the battlefield as the pricing war between two of the biggest ETF makers rages on.
October 19 -
Janney Montgomery Scott recruited a 12-person team led by Kevin Roche and Jeff Miller to help expand its structured product offerings.
October 19 -
Total money market mutual fund assets increased by $5.84 billion to $2.568 trillion for the week ended Wednesday, October 17, according to data from the Investment Company Institute.
October 19 -
Raymond James' annual Women's Symposium in St. Pete, Beach, Fla., in October, offered an opportunity for Raymond James' advisors to hear from the firm's top executives. Select female Raymond James advisors were also recognized with Women of Distinction awards, for their work in their communities and as advisors, and Top Advisor awards, based on their production levels. Here's a look at those winners and other conference highlights.
October 19 -
OppenheimerFunds is prepping a diversified alternative fund that will bet on its own offerings.
October 19 -
Bank of America Merrill Lynch has promoted Keith Glenfield to head of the firms Alternative Investments Group, as the firm seeks to expand its growth when it comes to hedge funds, private equity and other alternative investments.
October 19 -
Morningstars fund analysts doled out two Gold ratings in the past week to funds managed by Franklin Templeton Investments and Aston Funds.
October 19 -
Heres one alternative fund that wont be on advisors list this Christmas.
October 19 -
Continuing a blitz of new fund and ETF activity over the past few weeks, BlackRock has filed to launch four more funds, including two multi-asset funds and two short-term bond funds, according to a report by Morningstar.
October 19 -
The worst one-day crash in stock trading took place 25 years ago on October 19. Here's a look back at Black Monday, on its quarter-century anniversary.
October 19



