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Buyer beware! The Financial Industry Regulatory Authority today issued an investor alert regarding the burgeoning alternative mutual fund asset class.
June 12 -
Despite challenges, wirehouses are still the most attractive distribution opportunity for product manufacturers, according to Boston-based global analytics firm Cerulli Associates.
June 12 -
Nuveen Investments is currently prepping the Nuveen Global Tactical Opportunities Plus Fund to launch within the next few months, according to a regulatory filing.
June 11 -
San Francisco-based Forward Funds is once again looking to scale down its alternative mutual fund offerings liquidating.
June 11 -
RidgeWorth Investments is beefing up its sales team with the addition of Christopher Danos, Scott Goldberg and Mallory Carr.
June 11 -
John Hancock has agreed to acquire Bellevue, Wash.-based Symetra Investment Services from Symetra Financial Corporation.
June 11 -
Huntington, NY-based Catalyst Capital Advisors has added George Amrhein as Director of Business Development to build upon the firms key distribution relationships and manage the continued expansion of its lineup of mutual funds.
June 11 -
Santa Fe, N.M.-based Thornburg Investment Management, a $87 billion asset manager, has established an office in London, first overseas office opened by U.S.-based TIM.
June 11 -
Athens, Ga.-based Stadion Money Managements family of actively managed risk-based and target date retirement funds have found a new home on the Mid Atlantic Trust Companys platform.
June 11 -
Prudential Real Estate Investors has added Michael Gallagher as a director and portfolio manager to its global real estate securities team.
June 11