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Total money market mutual fund assets increased by $19.53 billion to $2.601 trillion for the week ended Wednesday, May 22, according to the Investment Company Institute.
May 24 -
T. Rowe Price is expanding its lineup of target-date funds.
May 24 -
Endurance Series Trust, a newly-formed multi-series trust, is launching its first mutual fund via Tampa-based Gator Capital Management, the funds advisor.
May 24 -
An Iowa man was sentenced to 37 years in the clink for mailing bombs and threatening letters to mutual fund managers at Janus Capital Group and American Century Cos. in a bid to influence stock prices.
May 24 -
Franklin Templeton Investments is closing its Frontier Markets Fund to new investors on June 28, Money Management Executive has learned.
May 23 -
John Hancock Funds today announced that the John Hancock Short Duration Credit Opportunities Fund (JMBAX, JMBIX) and the John Hancock Global High Yield Fund (Class A: JYGAX, JYGIX) are now available to retail investors.
May 23 -
Assets of all exchange-traded funds rose in April by $22.39 billion to $1.469 trillion, according to the Investment Company Institute.
May 23 -
Liana Magner has been appointed US Delegated DC Leader for Mercers Investments business.
May 23 -
ProShares has added a new exchange traded fund to its product stable.
May 23 -
T. Rowe Price is expanding its lineup of target-date funds.
May 23 -
Mutual funds picked up $8.51 billion for the week ended Wednesday, May 15, according to the Investment Company Institute, but bond funds suffered.
May 23 -
Direxion Funds, based in Boston, is known for creating innovative tactical exchange-traded funds, particularly leveraged index funds.
May 23 -
Aberdeen Asset Management PLC wrapped up its acquisition of Artio Global Investors, a U.S. publicly-listed asset manager, effective May 21.
May 22 -
Mutual funds picked up $8.51 billion for the week ended Wednesday, May 15, according to the Investment Company Institute.
May 22 -
The New Castle County Employees Pension Program, based in New Castle, Del., has opted to siphon a Madison Square Investors account in favor of Vanguard's index management.
May 22 -
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Liquid alternative provider IndexIQ, is celebrating a milestone.
May 22 -
Vanguard is preparing to launch several international exchange-traded funds based on FTSE indices.
May 22 -
Stock market volatility since the global credit crisis has scared many investors away, leaving some struggling to generate growth and returns.
May 22 -
The Tilson Mutual Funds is saying goodbye to one of its own.
May 21