International funds

Sure, investors still feel nervous, companies are hesitating to spend cash, and all attention is on fixed income and bond funds. But Neil Hennessy of Hennessy Funds insists equity mutual funds are the way to go.

Fidelity Investments is fast becoming the mutual fund provider choice du jour among advisors north of the border.

Loomis, Sayles & Company has added Peter Frick as an emerging markets debt portfolio manager alongside co-managers Edgardo Sternberg and Dave Rolley.

Nationwide Funds Group has merged the UBS High Yield Fund and UBS Global Equity Fund into the Nationwide High Yield Bond Fund and the Nationwide Global Equity Fund, giving Nationwide some $183 million in new assets

Could the dismal European economy actually be "good" for anyone?

s Vanguard engaged in a fee war in the mutual fund space?

The Board of Trustees of Natixis Funds Trust I has decided to liquidate the Absolute Asia Dynamic Equity Fund, according to a Securities and Exchange Commission filing.

Aberdeen Asset Management has launched the Aberdeen Emerging Markets Debt Fund (AKFAX) in response to continued growing investor interest in the emerging market debt asset class.

Total estimated outflows from long-term mutual funds were $488 million for the week ended Wednesday, October 31, according to data from the Investment Company Institute.

Pioneer Investments is expanding its sales team in the Asia Pacific region with the additions of Martin Park as a sales director in Korea, Hiromi Wada as a Japan representative and Matthew Marks as Sales Director Institutional Asia.

Goldman Sachs is calling it quits in Brazil, Korea and India.

Pacific Investment Management Co. has shuttered a European money market fund, citing low interest rates, Dow Jones Newswires reports.

Kansas City, Mo.-based Scout Investments has launched the Scout Emerging Markets Fund (SEMFX), becoming one of the latest new funds seeking to capitalize on growing investor interest in emerging market plays.

Forward has added a global healthcare team to its ranks and plans to offer a long/short equity strategy investing globally across all healthcare sectors and market capitalizations, in early 2013.

NEWS SCAN

'Tis the season when the leaves change, the National Football League is kicking its season into second gear, the Yankees are once again chasing another championship, and...yes, there's another mutual fund conference to attend.

More than half (52%) of all institutional investors around the world plan to rethink over the next decade the traditional way they’ve always allocated the assets under their control, according to the results of a survey by Pyramis Global Advisors.

Securities and Exchange Commission member Daniel Gallagher said Thursday the stable net asset value of shares in money funds is again under review.

iShares has launched the first ETF to offer exposure to global AAA- and AA-rated government bonds.

Federated Investors is looking to take its fixed income prowess across the pond with the help of Bury Street Capital, a London-based investment marketing and distribution firm whose clients include leading global pension funds and wealth managers throughout Europe.