-
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 The outflow comes on top of the blockbuster $8.68 billion that was withdrawn from the funds a week earlier.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 -
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 -
On May 2, 2012, Financial Planning reports that asset managers are using social media, but not seeing increased sales.
May 2 -
On May 2, 2012, Nationwide added a slew of funds to its anuity portfolio.
May 2 -
On May 1, Fidelity reported an average increase in its participants' 401(k) balances.
May 2 -
April was a roller coaster ride for investors. Here are five stocks that weighed down the Dow the most last month.
May 2 -
On May 2, 2012, Eaton Vance Corp. launched the Eaton Vance Global Natural Resources Fund.
May 2 -
Mutual funds that invest in domestic stocks have been an object of scorn.
May 2 -
Nearly half of hedge fund managers foresee a difficult year ahead for the sector, according to a survey by accounting firm Rothstein Kass.
May 2 -
While individual investors the primary owners of municipal debt have generally increased their holdings in the last 10 years, some institutional investors have trimmed their holdings and others have been aggressive buyers.
May 2 -
According to the firm, the funds were closed to protect the interests of existing investors. However, they will continue to accept additional investments from existing shareholders and direct rollovers from qualified retirement plans into new T. Rowe Price IRAs.
May 2 -
UBS Financial Services Inc. of Puerto Rico and two of its executives have been charged by the SEC with misleading investors and its own financial advisors about the market risks associated with the sales of 23 closed-end mutual funds.
May 1 -
The Dow Jones Industrial Average rallied up another 65.69 points to close at 13,279.32 Tuesday, getting the month of May off to a strong start following Aprils mixed performance.
May 1 -
On May 1, Invesco said it is mergeing another fund into a Van Kampen offering.
May 1 -
On May 1, 2012, Delaware Investments hired a wholesaler for iSnags Pioneer Sales Exec
May 1 -
On May 1, 2012, FINRA fined four firms for unsupervised ETF sales.
May 1 -
Through all the ups and downs, the Dow still managed to post a tiny gain in April. Here are five stocks that made it happen last month.
May 1
