X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Money fund assets drop to $2.708T

Total money market mutual fund assets fell $34.37 billion to $2.708 trillion for the week ended Wednesday

Morningstar announces new rating system

Morningstar’s President of Research Don Phillips announced last week a new “forward looking” analyst rating system will be based on analysts’ convictions about a fund’s ability to outperform its peer group and relevant benchmarks on a risk-adjusted basis. The company plans to launch the new ratings and research reports in the fourth quarter. Read more at AdvisorOne.

Vanguard launches actively managed emerging markets select stock fund

Vanguard introduced the Vanguard Emerging Markets Select Stock Fund, an actively managed emerging markets equity fund that will employ four highly regarded global advisory firms: M&G Investment Management Limited, Oaktree Capital Management, L.P., Pzena Investment Management, LLC, and Wellington Management Company, LLP. The fund is now accepting investments during a two-week subscription period that is expected to conclude at the end of business on June 27, 2011.

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.