Investments

JPMorgan's new callable commercial product is gaining momentum in the municipal market, receiving high demand from investors and catching on with others in the industry.

For the week ended Jan. 16, equity mutual funds attracted an estimated $9.32 billion in inflows, down from the previous week’s huge $14.33 billion inflow but nearly three times greater than last year’s record $3.52 billion inflow in early February.

Jacques Longerstaey has joined F-Squared Investments as a senior vice president of investments.

Pioneer Investments is reshuffling its fund lineup including reorganizing four domestic equity funds and liquidating another.

BlackRock is expanding its suite of alternative funds by launching the BlackRock Global Long/Short Equity Fund (BDMAX, BDMIX), which will bet on equity markets across the US and international developed markets.

Bill Gross, co-chief investment officer of Pacific Investment Management Co., said the firm will seek to capture gains in emerging market currencies through a new actively-managed exchange-traded fund.

Institutional investors are currently showing more interest in environmental, social, and governance investing, according to new research from Boston-based global analytics firm Cerulli Associates.

It’s $20 billion and counting for exchange-traded fund purveyor WisdomTree Investments.

Charles Schwab has added five new funds to its retirement lineups, the San Francisco company announced today.

The amount of money flowing into annuities declined last year more than 6% from prior-year levels, according to a report from the Depository Trust & Clearing Corp.

Foreclosure filings fell in 2012, yet more foreclosed homes are likely to come up for sale in 2013. This increase could be good news for prospective home owners and investors, according to Daren Blomquist, vice president at Irvine, California-based RealtyTrac, an online marketplace for foreclosure properties.

Recent events make fundamental tax reform, already a heavy lift, much less likely.

It all started with Goldman Sachs, which began publishing the daily market value of the assets held in its money market mutual funds in the United States on January 9.

Brett Meili joined U.S. Bancorp Fund Services as legal counsel to provide support for the organizations’ growing alternative investment products and services.

Janus Capital Group has launched the Janus Diversified Alternatives Fund (DAF), which will bet on the equity, fixed income, commodity, and currency asset classes.

Dallas-based Pyxis Capital has added a wholesaler to cover the New York Metropolitan area.

Janus Capital Group has launched the Janus Diversified Alternatives Fund (DAF), which will bet on the equity, fixed income, commodity, and currency asset classes.

Hartford Mutual Funds has named Jac McLean as head of distribution, a newly created position, responsible for retail sales, institutional sales and key account management.

First Trust Advisors has launched the First Trust Short Duration High Income Fund.

The Financial Stability Oversight Council has extended the comment period for proposed recommendations for money market mutual fund reforms.