Investments

iShares has launched four iSharesBonds Corporate ex-Financials Term exchange-traded funds.

As a financial advisor to numerous types of clients, including recent retirees, I often think deeply about the issues my clients face in this market environment.

Longleaf Partners is flipping the placard on its Global Fund from “Closed” to “Open”. The fund originally launched on December 31, 2012.

U.S. mutual funds and exchange-traded funds, excluding money-market funds, pulled $6.5 billion in net inflows in the week ended April 17, according to Lipper.

UBS Global Asset Management (Americas) is liquidating one of its 25 money market funds in June.

BlackRock said first-quarter earnings rose 10% as its exchange-traded stock funds drew client cash and assets increased.

The market saw outflows to muni bond mutual funds for a seventh consecutive week at $535 million.

The money market fund industry fell victim to seasonal outflows as significant withdrawals by individuals and corporations signaled the arrival of the filing deadline for federal income tax season in the week ended April 15, according to The Money Fund Report.

Total money market mutual fund assets dropped by $27.47 billion to $2.595 trillion for the week ended Wednesday, April 17, according to the Investment Company Institute.

BlackRock said first-quarter earnings rose 10% as its exchange-traded stock funds drew client cash and assets increased.

WASHINGTON — Rep. Keith Ellison, D-Minn., introduced a bill Wednesday that would establish a tax on the trading of stocks and other financial products.

UBS Global Asset Management (Americas) is liquidating its Money Market Fund in June.

The job market in asset management may not be back to pre-crisis levels, but hiring will likely pick up after second quarter earnings reports, says recruiter George Wilbanks, president of Wilbanks Partners.

Three research analysts at Harris Associates, adviser to The Oakmark Funds, have been appointed co-managers of the Oakmark Equity and Income Fund (OAKBX).

Rep. Keith Ellison, D-Minn., introduced a bill Wednesday that would establish a tax on the trading of stocks and other financial products.

BlackRock’s iShares is taking a stab at actively managed exchange-traded funds by expanding its Factor exchange traded fund line-up on two fronts.

Northern Trust is adding three FlexShares funds to its quality dividend fund (QDF) suite.

Total estimated inflows to long-term mutual funds were $4.83 billion for the week ended Wednesday, April 10, according to the Investment Company Institute.

BMO Asset Management U.S. is furthering its reach into the retirement market.

Volume numbers in the municipal bond market have shifted so far in 2013 to reflect a stronger start in new money issuance from recent years.