Investment funds

Ultimus Fund Solutions has added David Carson to its senior management team as Director of Client Strategies to manage the series trust product line

VelocityShares has launched three exchange-traded funds that invest in emerging market depositary receipt. The VelocityShares Emerging Market DR ETF ( EMDR), VelocityShares Emerging Asia DR ETF (ASDR), and VelocityShares Russia Select DR ETF (RUDR) all track BNY Mellon indexes.

Exchange-traded fund flows topped $17.3 billion in March with the fixed income category leading the way to the tune of $5 billion, increasing its year-to-date net flows to $7.1 billion, according to State Street Global Advisor’s latest ETF Snapshot.

Nasdaq OMX Group less than a month ago announced plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products.

New York-based ETF Issuer Solutions is the latest firm to file paperwork for actively managed exchange-traded funds.

It’s official: The Senate on Monday confirmed former federal prosecutor Mary Jo White as the new head of the Securities and Exchange Commission, Reuter reports.

Mirae Asset Global Investments (USA) has added three hires to its sales and distribution team.

Asset managers will be wise to adopt social media into their repertoire if they haven’t done so already, according to a new survey from American Century Investments.

Global exchange-traded funds and exchange-traded products continued their asset gathering in Q1, led by equity products, with record global net inflows of $73.4 billion, according to ETFGI’s Global ETF and ETP industry insights report for Q1.

Ultimus Fund Solutions has added David Carson to its senior management team as Director of Client Strategies to manage the series trust product line

Rafferty Asset Management, advisor to Direxion Funds and Direxion Shares, has hired a chief operating officer and president.

Asset managers are constantly looking for new ways to gather assets for their firms.

The $8.7 billion Vanguard Capital Opportunity Fund (VHCOX) is now open to individual investors for the first time since 2004 and its $25,000 annual contribution limit for individual investors has been removed.

Private equity firms are making it known that they, too, want to pull in retail investors' money just as much as do their hedge fund counterparts.

Attention! San Antonio, Texas-based USAA, the financial services company that caters to U.S. Armed Forces and State Department personnel and their families, wants to launch active exchange traded funds

The $8.7 billion Vanguard Capital Opportunity Fund (VHCOX) is now open to individual investors for the first time since 2004 and its $25,000 annual contribution limit for individual investors has been removed.

Total money market mutual fund assets increased by $2.61 billion to $2.631 trillion for the week ended Wednesday, April 3, according to the Investment Company Institute.

Westwood Holdings Group has launched three funds focused on global and emerging market equities: Westwood Emerging Markets Fund (WWEMX, WWEAX), Westwood Global Equity Fund (WWGEX) and Westwood Global Dividend Fund (WWGDX).

Brown Brothers Harriman & Co. has launched the BBH Global Core Select Fund (BBGNX and BBGRX), a successor to the BBH private investment partnership, BBH Global Funds, LLC – Global Core Select, which launched on April 2, 2012.

For the third consecutive week ended April 3, equity exchange-traded funds experienced net outflows, losing some $800 million, while their conventional mutual fund brethren took in $3.0 billion—for their thirteenth consecutive week of net inflows (bringing their year-to-date total to +$78.9 billion), according to data from Lipper.