Investment products

But there were also fewer hedge-fund launches, as investors continued to shun startups and smaller firms in favor of large, established players.

The Swiss financial services company will pay $425 million for a minority stake in the New York hedge fund manager.

The fixed-income trend is leading the bumper inflows for bond-heavy fund families, while investors continue to punish American Funds for not being “bear-proof.”

Advisors are turning to annuities, using tactical asset allocation and continuing to move to fee-based business models, as they cope with the effects that the sluggish economic climate is having on their practices, according to findings from the latest Russell’s Financial Professional Outlook, released last week.

The SPDR S&P Global Natural Resources ETF began trading on the NYSE Arca on Tuesday.

The service leverages Citi’s existing services for traditional mutual funds and their investment advisors.

Allianz Alternative Asset Management has offered fund of hedge funds since 1981. The company’s funds are expected to compliment Nexar’s fund of hedge funds group, which is primarily located in New York.

Invesco PowerShares has launched four specialized ETFs, one on REITs, based on exclusive rights to indexes from Keefe Bruyette & Woods.

While fees and transparency are still topics of concern for institutional investors, a new study claims that there has been shift in uneasiness toward the alternatives vehicle, with many enlisting some of their trust back into hedge funds.

More federal money in the system will create some winners (not to mention jobs).

More federal money in the system will create some winners (not to mention jobs).

The biggest winners of the week were taxable non-government funds, reaping $9.91 billion.

Recommended portfolio is overweight in equities, high-yield credit and long-dated government bonds.

Vanguard has launched eight index mutual funds and nine exchange-traded funds based on S&P domestic stock benchmarks.

In a newly expanded role, Reiss will lead a specialized sales organization to help drive growth of the company’s U.S. mutual funds and 529 college savings plans

U.S. stock funds bleed $7.6 billion in the latest week; foreign stock funds lose $1.9 billion.

Hedge fund performance declined last month, but continued to outperform broader stock markets.

Global volume in derivatives, however, is up 8.4%.

Ridgemont Equity Partners, a Charlotte financial sponsor, has been an active buyer this summer of companies worth $10 million to $100 million, and it has plenty of company.

The 10-minute, quick-hit survey rates asset management companies on how well prepared they are to introduce new products and enter new geographical markets.