Investments

The Municipal Securities Rulemaking Board has issued draft guidance warning broker’s brokers of their obligations under its rules following recent enforcement actions by the Securities Exchange Commission and the Financial Industry Regulatory Authority alleging rule violations.

The biggest winners of the week were taxable non-government funds, reaping $9.91 billion.

Assets of money market funds increased by $10.55 billion in the week ended Wednesday, Sept. 8, bringing total assets to $2.839 trillion, the Investment Company Institute said Thursday.

State Street Corp., known for its passive asset management, may soon expand its small active management business.

Hedge fund performance declined last month, but continued to outperform broader stock markets.

While it’s not back on its feet yet, the U.S. economy is proving more resilient than many naysayers predicted, according to September’s Monthly Outlook from Wells Fargo’s economics group.

Recommended portfolio is overweight in equities, high-yield credit and long-dated government bonds.

Vanguard has launched eight index mutual funds and nine exchange-traded funds based on Standard & Poor's domestic stock benchmarks.

Vanguard has launched eight index mutual funds and nine exchange-traded funds based on S&P domestic stock benchmarks.

In a newly expanded role, Reiss will lead a specialized sales organization to help drive growth of the company’s U.S. mutual funds and 529 college savings plans

U.S. stock funds bleed $7.6 billion in the latest week; foreign stock funds lose $1.9 billion.

Goldman, Sachs & Co. was founded in 1869 but only this week will the firm begin targeting the mainstream retail-buyer base for municipal bonds.

Investors continue to take money out of stock mutual funds, with outflows nearly doubling in each of the past two weeks.

Allianz survey demonstrates the need to dispel myths and educate on such annuity innovations as access to the market upside.

Hedge fund performance declined last month, but continued to outperform broader stock markets.

Vanguard Annuity Access is designed for individuals seeking a guaranteed stream of income in retirement to augment their retirement savings and Social Security benefits.

Global volume in derivatives, however, is up 8.4%.

The Securities and Exchange Commission will kick off its much-awaited series of hearings on the municipal market this month, holding the first on Tuesday, Sept. 21, in San Francisco.

Ridgemont Equity Partners, a Charlotte financial sponsor, has been an active buyer this summer of companies worth $10 million to $100 million, and it has plenty of company.

The 10-minute, quick-hit survey rates asset management companies on how well prepared they are to introduce new products and enter new geographical markets.