Special Program Root Tag

Federated Investors has added $4.4 billion in assets from four Fifth Third money market funds into four existing Federated money market funds.

BlackRock is cutting fees for its large exchange-traded funds next quarter in response to pricing pressure from the Vanguard Group, Bloomberg reports.

Dimensional Fund Advisor has made its way onto Paychex’s Open Fund Select and Advisor Select platforms. Paychex provides of payroll, human resource, and benefits outsourcing services, including 401(k) plan recordkeeping, for small- to medium-sized businesses.

Denver-based ALPS Fund Services, Inc. has launched two large-cap Exchange-Traded Fund (ETF) index funds that will invest in an index of three ETFS that track the S&P 500 (SPX) and two volatility indices pegged off the S&P 500 Market Volatility Index (VIX).

Novato, Calif.-based Hennessy Funds moved closer to finalizing its acquisition of FBR Funds, and transferring the assets into various Hennessy funds.

Risk management and regulatory reporting.

Franklin Templeton has expanded its defined contribution investment only team this year with the addition of four wholesalers.

As the asset management industry evolves, innovative product options are being introduced to compliment traditional pooled vehicles.

Multi-manager shop Virtus Investment Partners has added Rampart Investment Management, which specializes in customized options strategies for institutional and high-net-worth clients, as a wholly owned affiliate of Virtus.

Now you can say it is so: Abigail Johnson last month was named president of Fidelity Investments and, effectively, successor to her father, Edward "Ned" Johnson, chief executive officer of Fidelity Investments.

Herb Morgan has a good barometer to tell how hot the market for exchange-traded funds is getting.

Theresa Hamacher was named to her current position as president of NICSA (the National Investment Company Service Association) in March 2008.

There's no rest or relaxation for operations managers, as fund firms adjust to life in an era of worldwide financial reform.

Risk management and regulatory reporting.

Artio Global Investment Funds last month decided to liquidate four equity funds.

Sudi Mariappa, the former bond head and Managing Director at PIMCO who worked closely with founder Bill Gross, will join GLG, the investment management division of London-based Man Group PLC to manage the firm’s renewed push into fixed-income hedge funds.

Columbus, Ohio-based Huntington Funds has launched the Huntington Income Generation Fund, a fund of funds that will primarily invest in three other Huntington funds.

Loomis Sayles is making a hasty name change to one of its funds after losing out on a federal lawsuit.

Crisis may be the new normal for investors, but it's also the stark reality of the communications landscape.

The Securities and Exchange Commission has settled an administrative proceeding against two Portland, Oregon-based investment advisory firms regarding their failure to disclose a revenue-sharing agreement and other potential conflicts of interest to clients.