In the Margins
Money flowed into stock exchange-traded funds at the fastest pace since flows that immediately followed the U.S. presidential election, Lipper said on Thursday, as the Federal Reserve raised interest rates. U.S.-based equity ETFs took in nearly $18 billion in cash in the seven days through Wednesday, while U.S.-based stock mutual funds posted cash withdrawals of $11 billion for the same period, according to Lipper data. Read the original story from Reuters.
Most Read
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...