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On June 13, 2012, New York-based Advent Capital Management, an investment advisor specializing in convertible, high yield and equity strategies offered through long only, hedge fund and NYSE closed-end mutual fund products, has hired Osbert Hood, chief executive officer at Pioneer Investments USAs, as its chief operating officer.
June 13 -
For the week ended June 6, investors withdrew an estimated $1.37 billion from long-term mutual funds of all types, the third largest outflow this year.
June 13 -
On June 13, 2012, Hartford, Conn.-based multi-manager shop Virtus Investment Partners, Inc. revealed that it has filed with the Securities and Exchange Commission for five new open-end mutual funds.
June 13 -
On June 13, 2012, Elkhart, Indiana-based Martin Capital Management, LLC, launched the Martin Focused Value Fund (MFVRX/MFVIX), which will bet undervalued shares of publicly traded U.S. companies.
June 13 -
401(k) auto enrollment has been all the buzz in retirement planning, and now it seems even more effective than expected.
June 13 -
Does manager experience matter in a mutual fund? Maybe not, according to new research by Bryant University Professor of Finance Jack W. Trifts.
June 13 -
You weathered the credit crisis. You got through the Flash Crash.
June 13 -
May wasn’t the best month for investors but these 10 S&P 500 stocks managed to buck the trend, delivering healthy returns to shareholders. Also See: May Flounders: 10 Biggest S&P Laggards
June 12
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The Dow Jones Industrial Average rallied up 162.57 points Tuesday to close at 12,573.80 while the Nasdaq and S&P 500 surged up 33.34 points and 15.25 points, respectively.
June 12 -
On June 12, 2012, J.P. Morgan Asset Management added Robert Stark to lead its Strategy and Business Development unit.
June 12
