Updated Tuesday, May 21, 2013 as of 12:49 PM ET
Cohen’s appointment is part of Salient’s ongoing growth of its institutional sales team, which coincides with the overall expansion of the firm’s product lineup.
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Credit Suisse has filed with the SEC to launch the Gold and Income Strategy Fund, which will be available in institutional shares more »
Barry Evans has been named president of John Hancock Asset Management North America. more »
New rules being considered for U.S. money-market mutual funds will make them safer for investors while forcing some smaller providers out of the business, Moody’s Investors Service analysts said this week in a research report. more »
To bring alternative investments to a wider investor base, Goldman Sachs Asset Management has launched the Goldman Sachs Multi-Manager Alternatives Funds. more »
Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund. more »
Tax-exempt money market funds had a hard time holding onto what little inflows they regained last week as $1.72 billion exited the industry and total net assets settled at $258.36 billion in the week ended May 13, according to The Money Fund Report, a service of iMoneyNet.com. more »
Guggenheim Investments filed with the Securities and Exchange Commission to register the Emerging Markets Bond Strategy Fund, part of the Rydex Series Funds. more »
Stock and bond funds, including exchange traded funds, maintained a strong pace of net inflows in April, according to fund industry researcher Strategic Insight (SI). more »
Goldman Sachs has filed to launch the Multi Asset Real Return Fund. The fund seeks real return by investing in inflation-sensitive assets. more »
Morgan Stanley Alternative Investment Partners announced the launch of the AIP Dynamic Alternative Strategies Fund, its first mutual fund. more »
Fidelity Investments has rolled out a target volatility strategy, the Fidelity VIP Target Volatility Portfolio. The portfolio seeks to manage total return volatility within a target range. more »
MidAtlantic Trust Company said it had resolved record-keeping problems that have kept exchange-traded funds from being part of holdings in 401(k) and other retirement plans. more »
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