-
Vanguard is closing its High-Yield Corporate Fund to most new accounts, effectively immediately.
May 25 -
On May 24, 2012, Vanguard announced it is closing its High-Yield Corporate Fund to most new accounts, effectively immediately.
May 24 -
On May 24, Loomis, Sayles & Company hired Rowland Chip Bankes as its Head of Trading.
May 24 -
On May 24, 2012, iShares coined a new term for ETF users.
May 24 -
On May 24, 2012, Copeland Capital Management hired Erik B. Granade as Head of International Equities.
May 24 -
On May 24, 2012, ICI reports that ETFs lost $6 billion in April.
May 24 -
On May 24, 2012, ICI reports that Total estimated inflows to long-term mutual funds were $3.90 billion for the week ended Wednesday, May 16.
May 24 -
Vanguard is continuing its trend of cutting the legs out from under its competition by eliminating or reducing fees on 34 Vanguard funds.
May 24 -
On May 24, 2012, AdvisorShares has partnered with explorer, social entrepreneur and environmental advocate Philippe Cousteau, Jr. to launch AdvisorShares Global Echo ETF (NYSE: GIVE), an active, multi-manager socially responsible fund.
May 24 -
For the week ended May 16, investors pulled an estimated $3.45 billion from U.S. stock mutual funds. Thats $1.10 billion more than they withdrew from the funds a week earlier.
May 23
-
On May 23, 2012, Vanguard announced fee reductions for 34 funds.
May 23 -
On May 23, 2012, Los Angeles-based Causeway Capital Management LLC has replaced Pzena Investment Management, LLC as subadviser to the Harbor Global Value Fund effective May 25.
May 23 -
Asset management companies can anticipate regulatory focus to intensify as implementation of the Dodd-Frank Wall Street Reform Act progresses -and not just from the Securities and Exchange Commission.
May 23 -
On May 23, 2012, Vanguard began trading ETFs in Europe.
May 23 -
On May 22, Pioneer Investments put in a new portfolio management team in place to manage the Pioneer Cullen Value Fund (CVFCX), effective August 1.
May 22 -
On May 22, 2012, Washington, D.C.-based Money Management Institute today released the early edition of MMI CENTRAL Q2 2012.
May 22 -
On May 22, 2012, Tiburon Strategic Advisors revealed some interesting facts about advisors appetite, or lack thereof, for headline grabbing products such as alternatives and exchange-traded funds.
May 22 -
On may 22, 2012, Value Line Funds shareholders approved combining the Value Line New York Tax Exempt Trust (VLNYX) into the Value Line Tax Exempt Fund (VLHYX).
May 22 -
Theres a familiar face rejoining the sales team at Emerald Asset Management, Inc.
May 22 -
Mutual funds nowadays are between a rock and hard place when it comes to distribution.
May 22
