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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.

Investors sold in May, but then they didn’t go away. Here’s a closer look at the top-performing S&P 500 stocks in June. Also see: June Swoon: 20 Worst-Performing S&P 500 Stocks 10 Dividend-Paying Stocks Your Clients Will Want in 2012 5 Best-Performing Growth Mutual Funds This Year May Flowers: 10 Best-Performing S&P 500 Stocks May Flounders: 10 Biggest S&P Laggards

Michael Hull and Patrick Hull created bluepoint after leaving Morgan Stanley Smith Barney, where they had been institutional consulting directors of Graystone Consulting.

As chair of the Disciplinary and Ethics Commission at the CFP Board of Standards, certified financial planner Chris Beard takes his role seriously. "Our role is to be the gold standard in financial planning," he explains.

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.

Steve Wershing, "The Referral Doctor," says it’s not your people that make clients happy but what your people do. And understanding that distinction is crucial for firms that want to add and retain clients and the staff to service them.

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.

BlackRock has entered into a definitive agreement to acquire Swiss Re Private Equity Partners AG (SRPEP), which is the European private equity and infrastructure fund of funds franchise of Swiss Re.

Overall, mutual funds and ETFs reported net inflows of $3.2 billion for the week with equity products garnering $10.3 billion—their largest weekly gain since September 14, 2011, according to fund flow data for the week ending July 3, providing by Lipper.

Calamos Investments has created the three-person Calamos Value Equity Team, consisting of active, fundamental value investors Jeff Miller, Ariel Fromer and Tammy Miller.