Investments

The 20th anniversary is fast approaching of the launch by State Street Global Advisors in 1993 of the first investment fund that could be traded throughout the day like a stock.

On the eve of the election, economic uncertainty and the "fiscal cliff" have been weighing heavily on the minds of planners as well as clients.

SignalPoint Capital Management has launched the SignalPoint Global Alpha Fund, the firm's first open-ended mutual fund, which is based on its separately managed account strategies.

AQR Capital Management has added two mutual funds, AQR Risk Parity II MV Fund (Class I/QRMIX) and AQR Risk Parity II HV Fund (Class I/QRHIX), to be distributed through advisors only.

The firm hit $19.9 billion in AUM in the third quarter of 2012, an 18% jump from $16.8 billion in the third quarter last year. Most of the increase came from new client inflows.

In addition to the launch of its latest SRI fund, Bethesda, Md.-based Calvert Investments has also announced today the hiring of Amy Mathis as its new director of relationship management.

Forward has revamped its suite of asset allocation funds, renaming them the Forward Global Asset Allocation Series.

The Board of Directors of Kinetics Mutual Funds last month approved an overhaul of the Water Infrastructure Fund(KWINX).

Look for Calvert Investments in emerging markets investing, with the launch today of its latest socially responsible investment fund.

The 20th anniversary is fast approaching of the launch by State Street Global Advisors in 1993 of the first investment fund that could be traded throughout the day like a stock.

Hedge funds cut bullish wagers on commodities by the most since June as prices retreated to a three-month low on mounting concern that Europe’s debt crisis will worsen and U.S. growth slow.

Perhaps Matthew Lemieux, research analyst at Lipper, sums up best the damage Superstorm Sandy has wrought on the mutual fund and ETF space.

The fate of the municipal tax exemption is a major concern as the election approaches.

After 28 straight weeks of inflows to muni bond funds, the market saw outflow for the week ended Oct. 31. Funds that report their flows weekly recorded outflows of $123 million for the week ended Oct. 31, Lipper FMI numbers show.

Charles Schwab has launched the Schwab Advisor Center app for the iPad available for download. Advisors will now be able to access key client data such as balances, positions, and transactions from their iPads.

Perhaps Matthew Lemieux, research analyst at Lipper, sums up best the damage Superstorm Sandy has wrought on the mutual fund and ETF space.

ProShares is readying a merger arbitrage exchange-traded fund to launch sometime in January, according to a Securities and Exchange Commission filing.

Franklin Templeton Investments' parent Franklin Resources has effectively expanded its alternatives offerings.

Look for more flexible offerings from MFS Investment Management thanks to new funds in its target date suite.

The Epiphany Funds Trust has appointed Mutual Shareholder Services as its transfer agent, administrator and fund accounting firm effective November 1, according to a Securities and Exchange Commission filing.