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The Dow Jones Industrial Average shaved off another 83.17 points Tuesday to close at 12,653.12 as investors pushed stocks lower for a fourth day in a row. The Nasdaq and S&P 500 also fell 29.44 points and 10.99 points, respectively.
July 10 -
MFS Investment Management has unveiled a new branding campaign to emphasize its international initiatives to its increasingly diverse client base.
July 10 -
The Dow Jones Industrial Average trimmed 36.18 points Monday to close at 12,736.29 while the Nasdaq and S&P 500 shed 5.56 points and 2.22 points, respectively.
July 9 -
Overall, mutual funds and ETFs reported net inflows of $3.2 billion for the week with equity products garnering $10.3 billiontheir largest weekly gain since September 14, 2011, according to fund flow data for the week ending July 3, providing by Lipper.
July 9 -
Calamos Investments has created the three-person Calamos Value Equity Team, consisting of active, fundamental value investors Jeff Miller, Ariel Fromer and Tammy Miller.
July 9 -
The Dow Jones Industrial Average lost 124.20 points Friday to close at 12,772.47 while the Nasdaq and S&P 500 lopped off 38.79 points and 12.90 points, respectively.
July 6 -
The Board of Trustees of the JPMorgan Asia Equity Fund has approved the liquidation of the fund, effective July 20, according to an SEC filing.
July 6 -
The Dow Jones Industrial Average fell 47.15 points Thursday to end at 12,896.67 while the S&P 500 shed 6.44 points to finish at 1,367.58.
July 5 -
Investors threw $105 billion into exchange-traded products in the first half of 2012, giving the global ETP industry its largest-ever first-half-year inflow.
July 5 -
For the week ended June 27, investors pulled an estimated $1.46 billion from mutual funds that invest long-term in U.S. equities, down 21% from the previous weeks $1.85 billion outflow.
July 5 -
Last month, the Board of Trustees of John Hancock Funds II - International Opportunities Fund approved Invesco Advisers, Inc. as the new subadviser effective July 20, according to a Securities and Exchange Commission filing.
July 5 -
William Blair & Co. has turned off the spigot on the William Blair International Growth Fund and Institutional International Growth Fund, effective June 30.
July 5 -
Laurence D. Fink used at least half a dozen acquisitions to expand BlackRock Inc. from a boutique bond shop to the worlds biggest money manager. Now the firm, which invests $3.7 trillion for clients around the world, faces a new challenge: Growing on its own.
July 5 -
The biggest June rally for global stocks since 1999 is handing equity investors the years top returns, beating the dollar, bonds and commodities.
July 5 -
Investors poured $12.84 billion into exchange-traded funds and notes during the month of June, bringing total half-year inflows to $75.91 billion, up 31% from a year ago.
July 3 -
The Dow Jones Industrial Average rallied up 72.43 points in abbreviated holiday trading Tuesday to close at 12,943.82 while the Nasdaq and S&P 500 gained 24.85 points and 5.30 points, respectively.
July 3 -
A mutual fund prospectus says its manager has more than ten years of experience. The manager has achieved a 10% average annual return, it also says.
July 3 -
The Dow Jones Industrial lost 8.70 points Monday to close at 12,871.39 while the S&P 500 and Nasdaq added 3.35 points and 16.18 points, respectively.
July 2 -
Education and healthcare retirement plans are using more target date funds and Roth features in their plans, according to the latest 403(b) plan sponsor survey from the Plan Sponsor Council of America.
July 2 -
BlackRock Asset Management's Toronto-based arm has crowned Noel Archard, the global asset management firm¹s current head of U.S. iShares, to succeed Bill Chinery as chief executive officer.
July 2
