Mutual funds

Exchange-traded products are on a roll, following up a record year of flows with a major milestone the first month of the new year.

The Investment Company Institute is proposing that prime money market funds impose temporary “gates” and fees to halt redemptions during times of market stress.

Inflows to municipal bond mutual funds, while still robust, have fallen for a second straight week, to $871 million from funds that report their flows weekly.

Houston-based Salient Partners earlier this month added the Pure Trend Fund, a managed futures offering, to its growing list of alternative mutual funds.

Northern Trust Corporation is expanding its middle office outsourcing service with a brand new position.

BMO Global Asset Management has one more milestone to help establish its presence in the U.S.

Janus said fourth-quarter profit declined 13% as clients pulled out money for the 14th consecutive quarter.

President Barack Obama will nominate former US attorney Mary Jo White to lead the Securities and Exchange Commission, replacing incumbent Chairman Elisse Walter, the New York Post reports.

Institutional investors are currently showing more interest in environmental, social, and governance investing, according to new research from Cerulli.

Long-term mutual funds posted inflows of $22.04 billion for the week ended Wednesday, January 16, according to the Investment Company Institute.

For the week ended Jan. 16, equity mutual funds attracted an estimated $9.32 billion in inflows, down from the previous week’s huge $14.33 billion inflow but nearly three times greater than last year’s record $3.52 billion inflow in early February.

Jacques Longerstaey has joined F-Squared Investments as a senior vice president of investments.

Pioneer Investments is reshuffling its fund lineup including reorganizing four domestic equity funds and liquidating another.

BlackRock is expanding its suite of alternative funds by launching the BlackRock Global Long/Short Equity Fund (BDMAX, BDMIX), which will bet on equity markets across the US and international developed markets.

Institutional investors are currently showing more interest in environmental, social, and governance investing, according to new research from Boston-based global analytics firm Cerulli Associates.

It’s $20 billion and counting for exchange-traded fund purveyor WisdomTree Investments.

Charles Schwab has added five new funds to its retirement lineups, the San Francisco company announced today.

It all started with Goldman Sachs, which began publishing the daily market value of the assets held in its money market mutual funds in the United States on January 9.

Dallas-based Pyxis Capital has added a wholesaler to cover the New York Metropolitan area.

Janus Capital Group has launched the Janus Diversified Alternatives Fund (DAF), which will bet on the equity, fixed income, commodity, and currency asset classes.