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OppenheimerFunds has signed an agreement to buy SteelPath Capital Management and SteelPath Fund Advisors, an energy infrastructure investments company focused on the Master Limited Partnership sector.
July 17 -
On July 17, 2012, Theres still time left to make a last-minute nomination of the greatest inNOVAtor in your fund company.
July 17 -
On July 17, 2012, Exchange-traded funds do not turn long-term investors into speculative day traders, according to a new Vanguard research paper.
July 17 -
Global X Funds haslaunched the Global X SuperIncome Preferred ETF, which will track 50 of the highest yielding preferred securities in North America.
July 17 -
Regardless of size, the most widely cited response to the question of whether a fund firm will cut spending on technology this year is: We won't.
July 17 -
Deutsche Investment Management Americas Inc. is liquidating the DWS Clean Technology Fund on October 12, according to a Securities and Exchange filing.
July 16 -
On July 16, 2012, Northern Trust has appointed Carl R. Tannenbaum as its chief economist, succeeding Paul Kasriel, who retired from Northern Trust earlier this year.
July 16 -
On July 16, 2012, Philadelpia-based Lincoln Financial Distributors, the wholesale distribution subsidiary of Lincoln Financial Group, has added Chris Somers as a regional sales director for its Institutional Retirement Solutions Distribution team.
July 16 -
On Ju;y 16, 2012, Huntington Asset Advisors is launching Huntington Income Generation, an income-focused fund of funds, later this summer, according to Randy Bateman, President of Huntington Asset Advisors, Inc.
July 16 -
MFS Investment Management has filed paperwork with the SEC to launch a pair of mutual funds in September.
July 16 -
Boston-based Fred Alger Management is reopening the Alger Small Cap Growth (ALSAX) and Alger Small Cap Growth Institutional (ALSRX) to new investors starting Aug. 1, according to a filing.
July 16 -
There is a new sheriff in town for the mutual fund industry-and he may need to borrow money for bullets.
July 16 -
It may seem completely crazy to compare the use of social media with sexual harassment.
July 13 -
On July 13, 2012, Oppenheimer & Co. disclosed Wednesday that it named one of its own to assume duties as New Yorks institutional sales head.
July 13 -
On July 13, 2012, John Hancock Funds has named Andrew G. Arnott as president and chief executive officer, succeeding Keith F. Hartstein, who is retiring.
July 13 -
Franklin Resources has named Norm Boersma as chief investment officer of Templeton Global Equity Group, replacing Gary Motyl, who passed away last month, reports Morningstar.
July 13 -
ON July 13, 2012, Boston-based Fred Alger Management is reopening the Alger Small Cap Growth (ALSAX) and Alger Small Cap Growth Institutional (ALSRX) to new investors starting Aug. 1, according to a filing.
July 13 -
On July 13, 2012, MFS Investment Management has filed paperwork with the Securities and Exchange Commission to launch a pair of mutual funds in September.
July 13 -
On July 12, 2012, DoubleLine Capital LPs $28 billion Total Return Bond Fund has experienced the most inflows among U.S. mutual funds this year through June, Bloomberg reports, citing data from Morningstar.
July 12 -
The Board of Trustees of the Newgate Global Resources Fund has decided to liquidate the fund, effective as of July 31, according to a Securities and Exchange filing.
July 12