Investments

On May 16, 2012, institutional investors say they're increasingly turning to exchange-traded funds for their investment needs, according to a new Greenwich Associates study.

On May 16, 2012, State Street Global Advisors appointed Michael Spellman as regional sales director, global cash, reporting to Barry F.X. Smith, senior managing director and global head of SSgA’s cash business.

On May 16, 2012, a social media research report from kasina places iShares, Vanguard, Putnam, Russell Investments, and OppenheimerFunds as the Top 5 social media leaders in asset management.

On May 16, 2012, a new ICI stoidy said requiring money market fund advisers to hold capital to support their money market funds would fundamentally change the nature of these funds.

Advisors know the days of buy-and-hold investors with 60/40 portfolio allocations are over. But if a 60/40 allocation is no longer relevant, what is the right mix?

For the week ended May 9, investors pulled an estimated $2.41 billion from U.S. stock mutual funds. Since the beginning of the year, the funds have lost more than $34 billion in outflows.

On May 16, 2012, Boston-based alternative mutual fund provider Direxion has made changes to the investment strategy of Direxion S&P 1500 RC Volatility Response Shares (VSPR), Direxion S&P 500 RC Volatility Response Shares (VSPY) and Direxion S&P Latin America 40 RC Volatility Response Shares (VLAT), effective June 14.

Institutional investors that began using exchange-traded funds for manager transitions, rebalancing and other tactical applications are increasingly using these products for more strategic purposes.

On May 16, 2012, Atlanta-based Angel Oak Capital Advisors, LLC, a fixed income asset management shop, today revealed that its Angel Oak Multi-Strategy Income Fund is now on the Deutsche Bank Private Wealth Management platform.

The Securities and Exchange Commission has passed along a request to the Financial Accounting Standards Board that it consider making changes in how to account for derivatives contracts designated as hedging instruments.

Efficient and effective mutual fund board meetings are vital to the success of a mutual fund family, no matter their size and/or complexity.

Individual investors have been flocking to municipal bond funds, searching for safety and relatively high yields.

Pacific Investment Management Company, of course, runs the world's largest mutual fund. Its Total Return Fund counts assets of nearly one-quarter of a trillion dollars.

According to the 2012 Natixis Global Asset Management U.S. Advisor survey, the global financial crisis and uncertain market recovery has accelerated interest in alternative investing.

The Dow Jones Industrial Average shaved off another 63.35 points to close at 12,632.00 Tuesday while the Nasdaq and S&P 500 lost 8.82 points and 7.69 points, respectively.

On MAy 15, 2012, The International Securities Exchange and AlphaClone LLC, a provider of hedge fund position replication, announced their partnership to promote AlphaClone's innovative hedge fund position replication index, the AlphaClone Hedge Fund Long/Short Index.

On May 15, 2012, a new Cerulli report says 70% of retail asset managers consider alternative products to be as important as or more important than other initiatives.

On May 15, 2012, Joe Mansueto of Morningstar promoted a former analyst to head the firm's data unit.

On May 15, 2012, UniCredit, the parent company of Pioneer Investments, appointed Sandro Pierri as the new Head of Asset Management.

On May 15, 2012, Nuveen reopened two 4-Star funds to new investors.