Balanced funds and bond funds post net redemptions
Sales were down compared to February and one year ago
Career Pathways aims to help financial services professionals just starting out or looking to advance in their careers
Declining financial markets trimmed industry assets under management
Net sales for the mutual funds industry climbed to $4.9 billion in January
FRITS will accelerate industry group’s reporting and analysis capabilities
Minal Upadhyaya named as vice president, policy and general counsel
Mutual fund sales rose by 47% to $44.2 billion in 2017 while total AUM rose by 10.3% to $1.48 trillion
Contributions from individuals can be seized as part of a bankruptcy proceeding
Investors exit bond funds