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A new Portland, Ore.-based investment shop has bagged its first sub-advisory mandate courtesy of its affiliate.

Delaware Investments has added Steven Landis as an emerging markets debt portfolio manager to the firm’s total return fixed income group. Landis comes to Delaware Investments from FH International Asset Management, where he was a PM for emerging markets debt strategies.

Franklin Resources yesterday announced that Charles Johnson will retire as chairman of the board and director, effective June 13. In his stead, the firm's board of directors approved the appointment of his son, Gregory Johnson, as chairman and he will continue in his roles as president and chief executive officer.

BNY Mellon Investment Management has hired Andrew Provencher as Head of U.S. Retail Sales, a newly created role in which he will be responsible for leading all sales and relationship management through the Dreyfus platform focusing on national wirehouse firms, Registered Investment Advisors, independent broker-dealers and private banks.

RidgeWorth Investments is beefing up its sales team with the addition of Christopher Danos, Scott Goldberg and Mallory Carr.

Huntington, NY-based Catalyst Capital Advisors has added George Amrhein as Director of Business Development to build upon the firm’s key distribution relationships and manage the continued expansion of its lineup of mutual funds.

Prudential Real Estate Investors has added Michael Gallagher as a director and portfolio manager to its global real estate securities team.

One year after the "untimely" death of Richard Aster, founder of Larkspur, Calif.-based Aster Capital Investment Management, the investment advisor is selling off its assets.

ProShares has added Ramesh Babu as chief technology officer and William Poulin as head of product management.

New York-based W.P. Stewart & Co. has hired Michael Maquet as chief executive officer, effective June 10.

Sean E. Ekiert has joined Raymond James as a managing director in Richmond, Va.

The financial services industry has one of the hardest glass ceilings for women to break through according to a recent survey from Edward Jones.

Raymond James Financial Services adds a veteran advisor and two team members are reunited.

Stifel nabbed two UBS advisors and opened a new office in Tampa, Fla.

Shannon Kennedy, a 26-year veteran of Northern Trust, was appointed to a new post as regional president for Orange and San Diego counties in Southern California.

ING U.S. announced last week that the underwriters in its initial public offering have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share.

John Hancock Funds has added Christopher Fuschillo as a managing director on its institutional sales team in a new position, calling on analysts and gatekeepers at major broker-dealer firms.

OppenheimerFunds has promoted Art Steinmetz to president. He is currently executive vice president and chief investment officer, where he oversees all equity, fixed income and alternative investment capabilities including investment strategy, strategic planning and personnel.

Hartford Funds has named Wellington Management Company’s Nanette Abuhoff Jacobson as global investment strategist.

The new hires are part of the firm’s aggressive two-year recruiting campaign to increase the sales force by 50% by the end of 2014.