In the Margins
Some $6.9 billion was withdrawn from long-term mutual funds in the week ended Dec. 28, according to data from the Investment Company Institute. While investors had been pulling money out of mutual funds all year, that figure is less than the $11.6 billion in the previous week. Meanwhile, exchange-traded fund share creation was up to $8.9 billion for the week, from $7.9 billion. Read the original story from Barron's.
Most Read
William Birdthistle, director of the SEC's Division of Investment Management, delivered keynote remarks at a mutual fund industry conference this morning but failed to address a ...
Three new independent directors have joined the State Street Global Advisors Funds board in the past six months—one just a little over a week ago—and Chairman ...
Women have made great strides in recent years in the mutual fund board space, making up nearly half of all new independent directors in 2021 (47%, ...
The mutual fund director community has come out in force against the Securities and Exchange Commission's hard close, mandatory swing pricing, and liquidity proposal. The two ...