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On July 24, 2012, The Board of Trustees of Direxion Funds is liquidating the Direxion HY Bear Fund based on the recommendation of the funds investment adviser, Rafferty Asset Management, LLC, according to a Securities and Exchange Commission filing.
July 24 -
On July 24, 2012, Olney, M.D.-based Arrow Investments is looking to add active exchange-traded funds and more alternative mutual funds to its quiver.
July 24 -
On July 24, 2012, Discounted exchange-traded fund provider Vanguard now tops the field of leading ETF providers among advisors in another category: favorable impressions.
July 24 -
On July 24, 2012, Eric J. Bokota has resigned as co-portfolio manager of the FPA International Value Strategy (including the FPA International Value Fund, FPIVX), effective July 23.
July 24 -
On July 24, 2012, Newly formed alternative asset management shop Madison Park Capital Partners, LLC has hired Erik Ogard, former Ddrector of Multi Strategy Solutions for Russell Investments, as a managing principal.
July 24 -
BNP Paribas Securities Services is not well known for handling custody of fund assets in either Mongolia or the United States.
July 24 -
On July 23, 2012, Exchange-traded funds have experienced tremendous growth over the past decade but not all of that growth is positive, according to new research from Vanguard.
July 23 -
On July 23, 2012, Huntington Asset Services, Inc., a wholly owned subsidiary of Huntington Bancshares Incorporated, has extended its relationship with the Midas Family of Funds through March 2015.
July 23 -
On July 23, 2012, John Hancock Funds today unveiled a new program and a survey to help retirement plan advisers demonstrate their value and build stronger relationships with their plan sponsor clients.
July 23 -
On July 23, 2012, Raleigh, N.C. based Hatteras Funds today revealed that it is hosting its own alternative road show, constructed as a series of forums across the U.S. for advisors, home office research teams and consultants to meet the underlying hedge fund managers of the Hatteras alternative mutual funds (Alpha Hedged Strategies Fund, Long/Short Equity Fund, and Long/Short Debt Fund).
July 23