Three of the five largest money-market fund providers expressed support for the new rules adopted by the SEC to end years of debate on how to make the $2.6 trillion industry safer.
Vanguard Group Inc., the third- biggest provider of exchange-traded funds, gained ground on larger competitors this year after gathering 10 times as much money into its ETFs than the rest of the U.S. industry combined.
The firm's assets under management rose 15 percent to a record $1.94 trillion, boosted by a 30 percent rally for the Standard & Poors 500 Index of U.S. stocks.
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{
"author": {
"name": "Christopher Condon Bloomberg",
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"articles": [
{
"uri": "/2014/09/05/f-squared-says-regulators-considering-civil-action/",
"title": "F-Squared says regulators considering civil action",
"byline": "Christopher Condon, Bloomberg, Sabrina Willmer",
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"prettyDate": "September 05, 2014",
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"name": "Christopher Condon, Bloomberg, Sabrina Willmer"
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"summary": "The firm, which oversees $27.7 billion, received a Wells notice from the Securities and Exchange Commission on Aug. 13.",
"body": null
},
{
"uri": "/2014/07/30/greenspan-says-stocks-likely-to-see-significant-co/",
"title": "Greenspan says stocks likely to see ‘significant correction’",
"byline": "Christopher Condon, Bloomberg",
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"prettyDate": "July 30, 2014",
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"authors": [
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"summary": "Former Federal Reserve Chairman Alan Greenspan said equity markets will see a decline at some point after surging for the past several years.",
"body": null
},
{
"uri": "/2014/07/28/capital-group-files-for-non-transparent-etf/",
"title": "Capital Group files for non-transparent ETF",
"byline": "Christopher Condon, Bloomberg, Miles Weiss, Bloomberg",
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"prettyDate": "July 28, 2014",
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"name": "Christopher Condon, Bloomberg, Miles Weiss, Bloomberg"
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"kickerNode": [],
"summary": "A non-transparent, actively-managed ETF would clear the way for traditional stock-picking managers to offer their funds in an ETF package.",
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},
{
"uri": "/2014/07/24/blackrock-fidelity-back-sec-solution-to-money-fund/",
"title": "BlackRock, Fidelity back SEC solution to money-fund debate",
"byline": "Christopher Condon, Bloomberg",
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"prettyDate": "July 24, 2014",
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"summary": "Three of the five largest money-market fund providers expressed support for the new rules adopted by the SEC to end years of debate on how to make the $2.6 trillion industry safer.",
"body": null
},
{
"uri": "/2014/05/27/reynolds-hopes-to-overtake-fidelity-in-401ks/",
"title": "Reynolds hopes to overtake Fidelity in 401(k)s",
"byline": "Margaret Collins, Christopher Condon, Bloomberg",
"kicker": "",
"prettyDate": "May 27, 2014",
"timeToRead": "7 minute",
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"authors": [
{
"webUrl": "/author/profile/margaret-collins-christopher-condon-bloomberg/",
"name": "Margaret Collins, Christopher Condon, Bloomberg"
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],
"kickerNode": [],
"summary": "Robert Reynolds, who built the industrys biggest 401(k) business while at Fidelity Investments, is seeking a reprise.",
"body": null
},
{
"uri": "/2014/04/01/vanguard-wins-most-etf-dollars-in-1q/",
"title": "Vanguard wins most ETF dollars in 1Q",
"byline": "Christopher Condon, Bloomberg",
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"prettyDate": "April 01, 2014",
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"summary": "Vanguard Group Inc., the third- biggest provider of exchange-traded funds, gained ground on larger competitors this year after gathering 10 times as much money into its ETFs than the rest of the U.S. industry combined.",
"body": null
},
{
"uri": "/2014/02/12/fidelity-operating-income-rises-13-percent/",
"title": "Fidelity operating income rises 13 percent",
"byline": "Christopher Condon, Bloomberg",
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"prettyDate": "February 12, 2014",
"timeToRead": "2 minute",
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"authors": [
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],
"kickerNode": [],
"summary": "The firm's assets under management rose 15 percent to a record $1.94 trillion, boosted by a 30 percent rally for the Standard & Poors 500 Index of U.S. stocks.",
"body": null
}
]
}
}