Investment funds

Kenneth Burd has joined Delaware Investments as vice president, head of internal sales, responsible for managing the 15-member internal sales desk, which supports the firm's retail sales efforts. Burd started his position on March 5.

On March 1, Bill Gross, co-founder of the Pacific Investment Management Company, officially crossed the line and fired his opening salvo in the exchange-traded fund business.

WisdomTree Investments, Inc. is visiting the NASDAQ MarketSite in Times Square on Thursday with Western Asset Management Company, a subsidiary of Legg Mason, to celebrate the launch of the WisdomTree Emerging Markets Corporate Bond Fund.

Fixed-income funds see the biggest cash inflow.

La Jolla, Calif.-based Altegris is looking to beef up its managed futures mutual fund, dubbed the Altegris Managed Futures Strategy Fund, a fund of funds, by adding two more managers to its stable.

Investment manager Eaton Vance has named Laurie Hylton as chief financial officer and Daniel Cataldo as treasurer. They both replace Robert Whelan, who has left the company.

Nearly 54% of mutual funds taking part in a Bonaire Software Solutions study on distributor rebate payments said that tracking and reconciliation is their biggest challenge.

Kip Meadows, founder and acting chairman of Nottingham Investment Administration which services more than $25 billion in assets for mutual funds and asset managers, shares his thoughts on the shrinking fund administration field and hedge funds' gravitation towards the mutual fund business.

San Francisco, Calif-based Forward Management, LLC today unveiled its latest offering, the Forward Managed Futures Strategy Fund, a systematic, trend-following vehicle that will bet long and short exposure on liquid futures contracts in commodities, equities, bonds and currencies.

So you want to tap into the global markets and find new opportunities for growth?

Kip Meadows is the founder and acting chairman of Nottingham Investment Administration, which services more than $25 billion in assets for mutual funds and asset managers.

Goldman Sachs has reshuffled a number of senior positions in its equities division in response to recent executive departures.

Nearly one out of four pension plan participants invest solely in target-date funds, according to new research released from The Vanguard Group—a six-fold increase over the past five years.

Walt Bettinger, president and chief executive of The Charles Schwab Corporation, has a few reasons to smile today.

San Francisco, Calif-based Forward Management, LLC today unveiled its latest offering, the Forward Managed Futures Strategy Fund, a systematic, trend-following vehicle that will bet long and short exposure on liquid futures contracts in commodities, equities, bonds and currencies.

lients of RidgeWorth Investments will now be able to access a variety of functions and data from their investment accounts thanks to a new application available for the iPad.

Putnam Investments today named Scott C. Sipple as head of investment product management and development, responsible for overseeing the firm’s equity, fixed income and global asset allocation product management and development teams.

M&T Bank and Wilmington Trust have reorganized the MTB Group of Funds and Wilmington Funds into one fund family one year after their merger and two months after M&T bank revealed plans to merge its brand its funds with the Wilmington moniker.

Paul Schott Stevens, president and CEO of the Investment Company Institute, said the SEC has “pre-judged” the results of the 2010 round of reforms to money market mutual funds. And that a second round will undermine funds altogether.

Van Eck Global has filed for permission from the SEC to create exchange-traded fund share classes of at least one of its five mutual funds.