Portfolio

Teton Advisors (TETAA) has renamed its group of funds that it has advised since it was spun off from GAMCO Investors—Mario Gabelli’s fund group—in March 2009.

"Inventions have long since reached their limit, and I see no hope for further developments," Julius Sextus Frontinus, Roman engineer, 10 A.D.

UMB Fund Services has launched a transfer agency service dubbed Alternative Investment Communication Engine for it growing number of registered hedge fund clients and potential clients.

In a new strategic direction, Washington Wealth Management, a two-year old firm that has been growing on a tear by luring advisors from wirehouses, has joined LPL, bringing $750 million in assets under management to the country's largest independent broker-dealer.

Vanguard's Gus Sauter is finishing up a quarter century with the giant investment company. In those years, he has been a big part of market structure changes. In the first part of a multiple part Q&A, Sauter explains how he views those changes.

On top of a $180 annual fee, the CFP Board's 67,000 members are also each paying a $145 surcharge for the promotional campaign, which includes advertising on NPR and in major consumer publications.

Pyxis Capital has hired Keith Watts as Head of National Sales.

Hatteras Funds has launched the Hatteras Managed Futures Strategies Fund (HMFIX, HMFAX), which bets on an existing $56 million strategy of the Hatteras Alpha Hedged Strategies Fund (ALPHX, APHAX, APHCX, ALPIX), a multi-strategy, multi-manager alternative mutual fund.

The Vanguard Mega Cap 300 Index Fund is replacing its index and changing its name in the next few months, according to a filing.

A decade ago, the fund industry got mired in a market-timing scandal, involving the placement of orders after the market closed.