Investments

On April 30, 2012, Calabas, Calif.-based Rocky Peak Capital Management, LLC unveiled its first mutual fund.

On April 30, 2012, Perritt Capital Management changed the name of its Perritt Emerging Opportunities Fund.

On April 30, 2012, Principal Funds added three new hires to its I-O team.

Revenue from the sale of investment and life insurance services at banks and credit unions increased 10% in 2011, led by a significant boost in advisory services.

On April 30, Dow Jones said it was named the “Most Innovative ETF Index Provider” for the Americas region at the 8th Annual Global ETF Awards.

The big guns -- from PIMCO to State Street -- are now squaring off in one of the tiniest slices of the fund business. But it's not clear yet if there will be a payoff.

UBS has launched the ETRACS DJ-UBS Commodity Index 2-4-6 Blended Futures ETN

State Street Global Advisors last night cleaned house at the 8th Annual Global ETF Awards Dinner held in New York, taking home a series of industry awards.

Guggenheim Investments has added three new exchange-traded funds to its BulletShares lineup.

Executives managers and top operational leaders of fund companies appear to be downcast about their compensation even as financial market tensions ease.

Executives managers and top operational leaders of fund companies appear to be downcast about their compensation even as financial market tensions ease.

The Dow Jones Industrial Average rose 23.69 points to 13,228.31 Friday while the Nasdaq and S&P 500 added 18.59 points and 3.38 points, respectively.

On April 27, Guggenheim Investments added three new exchange-traded funds to its BulletShares lineup.

On April 27, City National Bank agreed to acquire Rochdale Investment Management, a $4.8 billion New York City-based investment firm.

Mutual fund star managers today are struggling to find their stride in choppy markets.

Executives managers and top operational leaders of fund companies appear to be downcast about their compensation even as financial market tensions ease.

At-Deadline

Mutual funds that invest in domestic stocks have been an object of scorn.

The nation's economic crisis may be ebbing. But mutual fund executives and managers are feeling more pained.

On April 26, SPDR ETFs earned recognition as ‘Most Recognized ETF Brand’ in the Amerricas.