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State Street Global Advisors has joined forces with GSO Capital Partners, the global credit business of The Blackstone Group, to launch the SPDR Blackstone / GSO Senior Loan ETF (SRLN).
April 4 -
Bill Grosss Pimco Total Return Fund (PTTRX), the worlds largest mutual fund, attracted $32 million in investor deposits in March, the lowest amount since December 2011.
April 3 -
Nationwide Financial has beefed up its mutual fund portfolio by adding 17 new equity and bond funds from HighMark Capital Management worth some $3.6 billion in assets.
April 3 -
Investors pumped $9.12 billion into long-term mutual funds for the week ended Wednesday, March 27, according to the Investment Company Institute.
April 3 -
Leewood, KS-based Tortoise Capital Advisors has rolled out the Tortoise North American Energy Independence Fund (TNPTX, TNPCX), a mutual fund that invests primarily in equity securities of North American oil and gas production companies.
April 3 -
Fred Alger Management has launched the Alger Capital Appreciation Focus Strategy (ALGRX, ALGIX), which follows an investment strategy that concentrates the portfolios holdings to generally less than 50 securities.
April 3 -
Vanguard Group is looking to make its investors think long-term when it comes to their investments via a new social media campaign dubbed "My Life Ticker".
April 3 -
Legg Mason has announced a series of executive appointments and departures following the hiring of Joseph Sullivan as its president and chief executive officer.
April 3 -
Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.
April 2 -
Pioneering exchange-traded fund provider Global X Funds is adding some more frontier market flavor to its portfolio.
April 2