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As women increasingly find themselves as the heads of households, advisors find retaining and expanding their female client base is imperative.

Los Angeles-based Causeway Capital Management has named Foster Corwith and Alessandro Valentini as portfolio managers. Corwith and Valentini will join Causeway's six current fundamental portfolio managers in managing client portfolios on a team basis.

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).

When looking to spread the word about mutual funds and other investment strategies to Generation Y Investors, financial services firms should consider new media, according to Cambridge, Mass.-based consulting firm Cogent Research.

Advisors' tech priorities -- and needs -- have shifted dramatically over the last 18 months, says Steven Crosby, head of PricewaterhouseCooper’s U.S. wealth management unit.

Cetera will provide the Fort Wayne, Ind.-based community bank with wealth management services, solutions and support.

Want proof that advisors need to be engaging with social media? Consider the SEC’s decision this week to let publicly traded companies make material corporate announcements on sites like Facebook and Twitter.

Bill Gross’s Pimco Total Return Fund (PTTRX), the world’s largest mutual fund, attracted $32 million in investor deposits in March, the lowest amount since December 2011.

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.

During the week ended March 27, investors steered an estimated $9.12 billion into mutual funds, down 26% from the $12.38 billion they poured into the funds a week earlier.