State Street Global Advisors of Boston today announced the launch of two new international exchange traded funds: the SPDR S&P International Small Cap ETF and the SPDR S&P World-ex-US ETF.
The number of federal securities litigation class actions hit a record low of 106 cases last year compared to 169 in 2005, although settlement values remained high, according to a PricewaterhouseCoopers study released today.
Claymore Securities Inc. of Lisle, Ill., today announced the launch of two new exchange traded funds: the Claymore/Clear Mid-Cap Growth Index ETF, and the Claymore/IndexIQ Small-Cap Value ETF.
Franklin Resources Inc.’s second-quarter profits more than doubled due to more inflow into its funds and higher earnings from its investments, the San Mateo, Calif.-based asset manager announced today.
Asset management firm Affiliated Managers Group Inc. said today that asset inflows and better performance from its funds lifted first-quarter profit by 4%.
Chicago Mercantile Exchange Holdings Inc. today reported a 32% hike in total revenues and a 42% increase in net income.
T. Rowe Price Group today announced that its first-quarter earnings rose 22% and that its assets under management reached a new record.
Mutual fund company Waddell & Reed Financial Inc. today reported that its first-quarter net income rose 16.7% and that assets under management reached $50 billion for the first time.
Aflac Inc.’s net income increased 10.9% in the first quarter, despite lagging sales in Japan, the Columbus, Ga.-based insurance company reported.
Morgan Stanley’s Global Wealth Management Group has announced it will pay at least $46 million to settle a class action filed by eight current and former female financial advisers and registered trainees.
