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On August 8, 2012, Mary Schapiro, chairman of the Securities and Exchange Commission, is looking to turn $2.6 trillion money-market mutual-fund industry on its head.
August 8 -
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On August 7, 2012, One exchange-traded fund provider is calling it quits after deciding to pull the plug on its external PR efforts.
August 7 -
On August 7, 2012, AdvisorShares will begin trading its QAM Equity Hedge ETF (NYSE:QEH) on Wednesday, August 8.
August 7 -
On August 7, 2012, Morrison & Foerster has added two Of Counsels to its Denver office.
August 7 -
On August 7, 2012, RiverNorth Capital Managementhas launched the RiverNorth/Manning & Napier Dividend Income Fund (RNDIX, RNMNX). The fund will be sub-advised by Manning & Napier Advisors.
August 7 -
On August 7, 2012, The Segal Company today said that its founder and Chairman Emeritus, Martin Segal, has passed way. He was 96 years old.
August 7 -
On August 7, 2012, As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.
August 7 -
On August 6, 2012, Invesco has added the Invesco Global Opportunities Fund (IAOPX) and Invesco Select Opportunities Fund (IZSAX) to its U.S. open-end mutual fund equity product line.
August 6 -
On August 6, 2012, Buffalo Funds is looking to take its family of ten no-load mutual funds to the next level with the addition of Tony DeMarino as Head of Global Distribution in June.
August 6 -
On August 6, 2012, Chairman Mary Schapiro said she is asking SEC staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.
August 6 -
The investors who bailed out Knight Capital Group Inc. by purchasing $400 million in convertible securities are gaining control of the biggest trading partner for individuals in the worlds largest stock market.
August 6 -
On August 6, 2012, The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter nine exchange-traded funds due to the funds inability to attract sufficient investment assets.
August 6 -
On August 6, 2012, Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.
August 6 -
Investors steered an estimated $17.1 billion into exchange-traded funds and notes in July, bringing their total investment in the products to $93 billion for the year, according to the latest data from the ETF Industry Association.
August 3 -
On August 3, 2012, An arbitration panel has struck down an investors $1 million-plus claim against Morgan Keegans troubled bond funds, citing the standard industry warning Past performance is not guarantee of future results.
August 3 -
On August 3, 2012, Fidelity Investments is reportedly gearing up to make a run at the active exchange-traded fund space, Bloomberg News reports.
August 3 -
On August 3, 2012, The Hartford Financial Services Group this week reported second quarter mutual funds core earnings of $18 million versus $27 million during the same period last year.
August 3 -
On August 3, 2012, Total money market mutual fund assets dipped by $3.95 billion to $2.551 trillion for the week ended Wednesday, August 1, according to data from the Investment Company.
August 3 -
On August 2, 2012, Sentinel Investmentsf chief executive Christian Thwaites yesterday saw four members of his investment team, including Charles Schwartz, Betsy Pecor, Matthew McGeary, and Matthew Spitznagle, walk away from their posts.
August 2