Investments

On August 8, 2012, Emerald Asset Advisors has restructuring its flagship allocation fund, formerly dubbed the EAS Genesis Fund, to a more focused alternative investment mandate.

On August 8, 2012, Mary Schapiro, chairman of the Securities and Exchange Commission, is looking to turn $2.6 trillion money-market mutual-fund industry on its head.

Nearly six in 10 business owners (59%) expect to be in a good financial position over the next 12 months, down from 66% who said so in second quarter.

On the same day that FocusShares announced its exit from the exchange-traded fund business, Russell Investments announced today that it is "conducting a strategic review of its direct U.S. ETF business in an effort to focus more exclusively on its core competency."

On August 7, 2012, Et Tu, Russell?

On August 7, 2012, One exchange-traded fund provider is calling it quits after deciding to pull the plug on its external PR efforts.

Portfolio managers from Huntington Asset Advisors' US Equity Rotation Strategy ETF discuss their top picks in IT and health care.

On August 7, 2012, AdvisorShares will begin trading its QAM Equity Hedge ETF (NYSE:QEH) on Wednesday, August 8.

On August 7, 2012, Morrison & Foerster has added two Of Counsels to its Denver office.

Online asset management company Covestor has added alternative asset managers to its website.

On August 7, 2012, RiverNorth Capital Managementhas launched the RiverNorth/Manning & Napier Dividend Income Fund (RNDIX, RNMNX). The fund will be sub-advised by Manning & Napier Advisors.

Chairman Mary Schapiro said she is asking SEC staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.

As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

The municipal bond market appeared to take a vacation day on Monday as trading activity was very slow. Traders are waiting for primary issuance to hit later in the week to provide direction.

On August 7, 2012, The Segal Company today said that its founder and Chairman Emeritus, Martin Segal, has passed way. He was 96 years old.

On August 7, 2012, As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.

As equity markets sputter along at an uneven pace, many investors are looking at alternatives to help manage volatility and potentially generate more predictable income. One alternative investment has been commercial real estate, which during the late '90s and early '00s was an attractive asset class.

On August 6, 2012, Invesco has added the Invesco Global Opportunities Fund (IAOPX) and Invesco Select Opportunities Fund (IZSAX) to its U.S. open-end mutual fund equity product line.

On August 6, 2012, Buffalo Funds is looking to take its family of ten no-load mutual funds to the next level with the addition of Tony DeMarino as Head of Global Distribution in June.

On August 6, 2012, Chairman Mary Schapiro said she is asking SEC staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.