Portfolio

Wasatch Funds has launched what it touts as “one of the few no-load open-end mutual funds focused exclusively on frontier and smaller emerging market countries,” including Africa and Southeast Asia.

Pyxis Capital, formerly known as Highland Funds Asset Management, L.P., has broken away from its parent, Highland Capital Management, L.P., and taken on a new moniker and a new approach to creating alternative mutual funds.

Jackson National Life Insurance Company, a purveyor of variable annuities, is looking to offer its advisors and their retail clients access to alternative investments.

Russell Investments has introduced a series of indexes designed to allow fund managers to control volatility in their portfolios.

A new investment management shop has opened in Palm Beach, Fla., dubbed Crest Investment Partners LLC. The partnership is a subsidiary of Cypress Capital Group, itself a $830 million boutique trust and investment services firm.

Nasdaq OMX and risk analytics developer Axioma have launched a family of indexes that will give investors exposure to commodity spot prices, through the use of stocks.

IFP reports dramatic increases in revenue, financial advisors joining the firm’s network and client AUM.

Bradley Fisher will be taking over as managing director and leader of the Family Office Advisory Practice.

The coming year is shaping up to be a fresh start for alternative mutual fund shop Pyxis Capital.

The Dow Jones Industrial Average lost 14.76 points to 12,962.81 Monday as investors reacted to a flurry of mixed economic reports at home and abroad.