Mutual funds

Assets of money market funds increased by $10.55 billion in the week ended Wednesday, Sept. 8, bringing total assets to $2.839 trillion, the Investment Company Institute said Thursday.

State Street Corp., known for its passive asset management, may soon expand its small active management business.

Vanguard has launched eight index mutual funds and nine exchange-traded funds based on Standard & Poor's domestic stock benchmarks.

Vanguard has launched eight index mutual funds and nine exchange-traded funds based on S&P domestic stock benchmarks.

In a newly expanded role, Reiss will lead a specialized sales organization to help drive growth of the company’s U.S. mutual funds and 529 college savings plans

U.S. stock funds bleed $7.6 billion in the latest week; foreign stock funds lose $1.9 billion.

Investors continue to take money out of stock mutual funds, with outflows nearly doubling in each of the past two weeks.

The 10-minute, quick-hit survey rates asset management companies on how well prepared they are to introduce new products and enter new geographical markets.

The credit rating agency is seeking input from market participants on a new five-point rating scale that indicates how the funds might perform during market duress.

Moody’s has created a new five-point rating scale for money market funds to take into account factors that proved to be critical in the credit crisis, including: a fund portfolio’s underlying asset quality, ability to preserve principal while providing liquidity, susceptibility to market risk and the likelihood of support from its sponsor in the event of a “run” on the fund.

Investors continue to stuff cash into municipal bond mutual funds, exacerbating a supply-demand imbalance that has kept yields on tax-exempt bonds near historic lows.

Investors continue to stuff cash into municipal bond mutual funds, exacerbating a supply-demand imbalance that has kept yields on tax-exempt bonds near historic lows.

Fidelity Investments has enhanced its custodial platform, WealthCentral, for registered investment advisors, so that it is now possible to create block orders from the portfolio modeling and rebalancing tool, as well as conduct searches more effectively.

WASHINGTON - A National Bureau of Economic Research study has concluded that while Build AmericaBonds have succeeded in their mission to lower financing costs for state and local governments, traditional tax-exempt bonds still offer more enticing after-tax yields to individual investors.

The Securities and Exchange Commission has given money market funds a reprieve from following an amendment to money market fund regulations requiring them to approve of the credit rating agencies they must use to determine whether a security is eligible for investment.

New report by Allianz says U.S. pension market is expected to see slower growth.

Things look up for the bank channel after a challenging few years.

Tax-free money market funds continued to seesaw during the week ending Aug. 30, declining $2.84 billion to $337.91 billion in total assets on the heels of nearly $600 million the previous week, according to the Money Fund Report, a service of iMoneyNet.com.

An 11.4% decline in the S&P 500 Index fails to deter group plan participants’ long-term plans.

If there’s a day of reckoning on the horizon for municipal closed-end funds, the market hasn’t spotted it as investors continue to fork over a premium for the trusts.