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On May 10, 2012, The size of the actively-managed exchange-traded fund market has grown more than ten-fold in the past four years, to almost $2.5 billion, according to a report released by Lipper.
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Investors act emotionally, not logically, toward the securities they buy or sell.
May 10 - Money Management Executive
On May 9, 2012, Strategy consultant kasina has hired Joseph "Joe" Dolan as its Director of Sales, Principal.
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ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'
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On May 9, 2012, The Depository Trust & Clearing Corporation has appointed former Commodity Futures Trading Commissioner (CFTC) Michael Dunn as the non-executive chairman of the companys U.S. Swap Data Repository (SDR), effective May 12.
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On May 9, 2012, Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.
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On May 9, 2012, Neuberger Berman has launched the Neuberger Berman Long Short Fund (NLSAX, NLSCX, NLSIX), designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.
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On May 9, 2012, Market Vectors ETF Trust has launched the Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM), designed to focus solely on the U.S. dollar-denominated non-sovereign segment of the EM high-yield bond market.
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On May 9, 2012, Money Management Executive launched the 10th Annual NOVA Fund Operations Awards program, recognizing leadership and innovation in asset management firms.
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On may 8, 2012, Emerald Asset hired a new product development head.
May 8