Money Management Executive Latest News

The Fidelity U.S. Dividend Fund is managed by James (Jim) Morrow who runs a similar fund for U.S. investors.

Pyxis Capital has launched the Pyxis iBoxx Senior Loan ETF, which the firm is touting its new offering as the only ETF to track the Markit iBoxx USD Liquid Leveraged Loan Index, a measure of the broad loan market comprised of 100 of the most liquid, tradable leveraged loans.

Newfleet Asset Management, an affiliate of Virtus Investment Partners, has named David Albrycht as president and chief investment officer.

American Century Investments has appointed Patrick Bannigan to the position of executive vice president and chief operating officer, effective earlier this week on Nov. 5.

Global exchange-traded funds and exchange-traded products experienced inflows US$13.5 billion of net new assets in October, which is lower than the $40 billion of net inflows in September 2012, according to data from ETFGI.

Peng Chen, current chief executive officer of Dimensional Fund Advisors’ Asia (ex-Japan) subsidiaries and Chairman of Dimensional SmartNest (Dimensional Retirement), is adding another title to his resume.

Jeffrey Carney may be looking for new digs and a new gig.

Shenkman Capital Management has launched its first mutual fund: the Shenkman Short Duration High Income Fund (SCFIX and SCFAX), which will bet on a diversified portfolio of corporate bonds and other obligations issued by non-investment grade rated companies.

First came “active” management: A pension fund, endowment or foundation hired managers that it felt could get results that “outperformed” the market.

SignalPoint Capital Management has launched the SignalPoint Global Alpha Fund, the firm's first open-ended mutual fund, which is based on its separately managed account strategies.