Investments

Tax-exempt money market funds suffered losses for the fifth consecutive week as $2.40 billion escaped the industry in the week ended Feb. 11 and total net assets finished with $280.07 billion, according to The Money Fund Report, a service of iMoneyNet.com.

The municipal bond market recorded a solid week of inflows to mutual funds, at $490 million, breaking a four-week string of dwindling demand.

Goldman Sachs Asset Management is opening up the flood gates to its Goldman Sachs Mid Cap Value Fund, according to a regulatory filing.

After the Sandy Hook massacre, some clients have asked their advisors to eliminate gun holdings from their investments. Should they?

T. Rowe Price has made an addition to its Defined Contribution Investment Only team hoping to continue its momentum in the retirement space.

Love seems to be in the air on this Valentine’s Day; love in the form of the attractive acquisition by Aberdeen Asset Management that is.

Mutual fund flows slowed down somewhat the week ended Feb. 6, although funds are still going strong in the black.

Alert! Stock funds gained assets four weeks in a row, picking up $20.7 billion through January 30.

The U.S mutual fund industry is set to surpass $15 trillion in assets in February, according to data from Strategic Insight.

Franklin Templeton Investments is one step closer to launching its maiden active exchange-traded fund, dubbed the Franklin Short Duration Government ETF.

Small and mid-sized managers may be considering the switch to outsourced chief investment officers, and a new report shows that this practice may prove a mixed blessing.

It’s almost finally here.

For the week ended Feb. 6, investors steered a meager $683 million into U.S. stock funds, a fraction of the $3.52 billion they poured into the funds a week earlier.

Robert Doll has been named portfolio manager of Nuveen Santa Barbara Long/Short Equity Fund, according to a regulatory filing.

The Depository Trust & Clearing Corporation has added new capabilities to one of its payment systems.

Time for a role call at BlackRock, which announced changes to its executive ranks today.

Starts Proceed Investment Co., a Tokyo-based real estate investment trust, plans to acquire about 10 billion yen ($107 million) of apartments as early as May, the most since 2008.

Experts are banking on continued strong performance and cash flows from real estate investment trusts.

Blue Bell, PA-based wealth management shop Persimmon Capital Management has launched its first mutual fund, Persimmon Long/Short Fund (LSEAX), a multi-advisor mutual fund that employs long/short equity strategies. The fund started trading with $25 million of assets under management.

The US mutual fund industry is set to surpass $15 trillion in assets in February (open- and closed-end funds, and including exchange-traded funds), according to data from Strategic Insight.