Direxion has added another member to its sales team. Stephen Rudman joined the fund company's advisor, Rafferty Asset Management, the advisor to Direxion Funds and Direxion Shares, as a managing director and the head of sales.

Rudman was formerly head of internal sales at PIMCO, where he played an important role in generating sales growth. Earlier in his career, Rudman was a vice president at Eaton Vance.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.