Investments

Samson Capital Advisors is looking to beef up its portfolio with currencies from “strong” nations via its latest offering, the Samson STRONG Nations Currency Fund.

First Trust Advisors has launched an ETF based on the CBOE S&P VIX Tail Hedge Index.

Stephen Barbaro, co-portfolio manager of the Columbia Small Cap Value Fund I, is retiring at the end of the year, according to a Securities and Exchange Commission filing.

Alternative mutual fund shop Pyxis Funds has hired John Caron as a regional sales director responsible for wholesaling Pyxis (formerly Highland) mutual funds, closed-end funds and alternative investments throughout New England.

Total U.S. mutual fund assets increased by $161.5 billion to $12.338 trillion in July, according to the Investment Company Institute's official survey of the mutual fund industry.

BondDesk Group LLC has appointed former UBS head of municipal trading John Bagley as president and senior managing director of BondDesk Trading.

Many market participants may be on vacation, but there's still interest in municipal bond mutual funds. Flows to muni bond funds rose on the week, keeping their hot streak alive.

The Dow Jones Industrial Average tumbled 106.77 points Thursday to close at 13,000.71 while the Nasdaq and S&P 500 shed 32.48 points and 11.01 points, respectively.

Scout Investments has expanded its mutual fund lineup with the launch of the Scout Low Duration Bond Fund (SCLDX).

Total U.S. mutual fund assets increased by $161.5 billion to $12.338 trillion in July, according to the Investment Company Institute’s official survey of the mutual fund industry.

Thrivent Asset Management has launched the Thrivent Partner Emerging Markets Equity Fund, which will be subadvised by DuPont Capital Management Corporation.

New York-based Drexel Hamilton Investment Partners, the investment adviser for each of Drexel Hamilton 8IP Asia Pacific Equity Fund and the Drexel Hamilton FOUR European Equity Fund, this week decided to liquidate the two mutual funds.

Investment advisory shop Arnerich Massena has promoted Scott Dunbar to managing director of advisory services.

The former CFO and Treasurer of Legg Mason's fixed income funds has been barred from the securities industry for altering books and records of one of the funds.

Loomis, Sayles & Company is closing its Loomis Sayles Small Cap Growth Fund to new investors on Sept. 14.

The tax-exempt market ended flat to slightly stronger Wednesday continuing a week-long trend of muni yields following Treasury yields lower.

A computer application deployed by the Charles Schwab Corporation that supported day trading online has flagged “cherry picking” of profitable trades by a Connecticut financial advisor

For the week ended August 22, investors pulled an estimated $4.48 billion from U.S. mutual funds, substantially more than the $2.72 billion they withdrew the week before.

Loomis, Sayles & Company is closing its Loomis Sayles Small Cap Growth Fund (LCGRX) to new investors on September 14.

For the week ended August 22, investors pulled an estimated $4.48 billion from U.S. mutual funds, substantially more than the $2.72 billion they withdrew the week before.