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The global market for fixed income exchange traded funds will likely grow to more than $2 trillion in assets over the next decade, compared with $302 billion today, according to a new report by iShares.
July 10 -
Great Falls, M.T.-based Davidson Investment Advisors has launched its second mutual fund, dubbed the Davidson Small/Mid Equity Fund, to complement its maiden offering, the Davidson Multi-Cap Equity Fund.
July 10 -
AdvisorShares is teaming up to with Your Source Financial, a Phoenix, AZ-based investment advisor, to launch the Global Alpha & Beta ETF (RRGR) on July 11. Roger Nusbaum, chief investment officer of Your Source Financial, will serve as the portfolio manager of RRGR.
July 10 -
On July 10, 2012, The 32-year wait for a comprehensive record-keeping system to monitor trading across U.S. equity and options markets is approaching conclusion.
July 10 -
MFS Investment Management was founded in 1924 and is one of the oldest asset management companies in the world, operating roughly 60 mutual funds.
July 10 -
San Francisco, Calif.-based consulting shop Callan Associates has hired today Yosangel G. Haddad as vice president, based in Callans new location in Summit, New Jersey.
July 9 -
Global X Funds, the New York based provider of exchange traded funds, is changing the index, name, ticker, expense ratio and investment objective of the Global X S&P/TSX Venture 30 Canada ETF (Ticker: TSXV).
July 9 -
On July 9, 2012, AQR Capital Management has added four mutual funds, including AQR U.S. Defensive Equity Fund (Class I/AUEIX), AQR International Defensive Equity Fund (Class I/ANDIX), AQR Emerging Defensive Equity Fund (Class I/AZEIX) and AQR Risk-Balanced Commodities Strategy Fund (Class I/ARCIX), to its portfolio.
July 9 -
Financial services-focused private equity shop Lightyear Capital LLC has appointed Jerry W. Miller, former president and chief executive officer of Van Kampen Investments, as a senior advisor on behalf of its affiliated funds.
July 9 -
Austin, Texas-based Dimensional Fund Advisors has appointed Peng Chen as chief executive officer, Asia (ex-Japan). Chen joined Dimensional on July 1 from, where he served as president of its global investment management division.
July 9