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Two groups representing mutual fund independent directors and trustees are joining together to voice their concerns about the changes to money market funds currently being considered by the Securities and Exchange Commission.
May 4 -
Hedge fund-turned-mutual fund RiverPark Advisors LLC has launched the RiverPark/Gargoyle Hedged Value Fund, a conversion of the Gargoyle Hedged Value Fund L.P.
May 4 -
The Dow Jones Industrial Average shed 62 points to finish at 13,206.59 Thursday ahead of the much-anticipated April jobs report.
May 3 -
Clients interested in guaranteed lifetime income? Now you have one more option to offer, courtesy of Great-West Life & Annuity Insurance Co.
May 3 -
On May 3, 2012, TCW hired Jerry Cudzil as Head of U.S. Credit Trading, a new role within the firm.
May 3 -
On May 3, 2012, Gargoyle revamped its hedge fund into a mutual fund.
May 3 -
On May 3, 2012, Eagle Asset Management unveiled a new hire.
May 3 -
On May 3, 2012, UMB said it added FPA Funds as a new client.
May 3 -
On May 3, two mutual fund groups vocied their concerns over the SECs money market fund proposals.
May 3 -
Mutual funds that invest in domestic stocks have been an object of scorn.
May 3 -
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 The outflow comes on top of the blockbuster $8.68 billion that was withdrawn from the funds a week earlier.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
