Investment funds

On April 17, 2012, Vericimetry launched it first mutual fund.

On April 17, 2012, Fund administration service provider Gemini Fund Services, LLC and Cole-boutique law firm Frieman Mallon & Hunt LLP have joined forceS to launch Two Roads Shared Trust, a shared mutual fund trust.

On April 17,CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company, has added the collective investment funds and exchange-traded funds advised by First Trust Advisors L.P to its retirement platform.

Liz Kirscher is leaving her post as presidnet of research firm Morningstar's data division. A replacement has not been named.

On April 17, 2012, The Vanguard Group was recognized as the most effective full service investment advice brand online by Heardable Inc., a Temecula, California-based firm which measures corporate online performance.

On April 17, OppenheimerFunds, Inc. said it is starring at the 2012 Tribeca Film Festival. Well, sort of.

On April 17, Tiburon's Chip Roame shared his views on the industry with fellow participants in NYC.

On APril 17, 2012, Franklin Templeton Investments Corp. has proposed merging the Wellington West Franklin Templeton Balanced Retirement Income Fund into Quotential Balanced Growth Portfolio.

On April 17, 2012, Investment services provider BNY Mellon was selected by Touchstone Investments to provide a variety of services, including mutual fund accounting and administration, transfer agency, and blue sky services for 14 additional Touchstone mutual funds.

It’s official: Touchstone Investments has completed its acquisition of selected fund assets of Old Mutual Asset Management's U.S. mutual fund business.

Ready Or Not, SIFIs Are Coming

On April 16, Knoxville, Tenn.-based BPV Wealth Management changws its name to reflect its rapid growth in the asset management business.

On April 14, Touchstone finalized its deal with Old Mutual.

On April 16, 2012, a T. Rowe Price spokesperson confirmed that Robert Gensler, portfolio manager of the T. Rowe Price Global Equity Strategy, which includes the roughly $590 million Global Stock Fund, will retire from the firm on December 31.

Patrick Morris is a veteran hedge fund manager who has come in from the cold.

On April 16, 2012, Federated Investors, Inc. has completed its purchase of the London-based liquidity and fixed-income product manager Prime Rate Capital Management.

Patrick Morris is a veteran hedge fund manager who has come in from the cold.

Some firms grow organically, pumping out funds. Then, they hire reps and distributors to market and sell their offerings.

Minneapolis-based Whitebox Advisors, the $2.3 billion asset management firm founded by Andrew Redleaf, is making a concerted push into the Registered Investment Advisor channel with the help of third-party marketing firm Havener Capital Partners LLC.

Last year was a challenging year for mergers and acquisitions between financial services firms, according to PricewaterhouseCooper's latest M&A insights report.