Investments

On April 17, 2012, Fund administration service provider Gemini Fund Services, LLC and Cole-boutique law firm Frieman Mallon & Hunt LLP have joined forceS to launch Two Roads Shared Trust, a shared mutual fund trust.

On April 17,CPI Qualified Plan Consultants, Inc., a third-party recordkeeping and administration company, has added the collective investment funds and exchange-traded funds advised by First Trust Advisors L.P to its retirement platform.

Chip Roame, managing partner of Tiburon, Calif.-based research shop Tiburon Advisors, is bullish on index and alternative investment products.

In April 17, 2012, Two industry bodies, the Investment Company Institute and the U.S. Chamber of Commerce, filed a suit in the U.S. District Court for the District of Columbia challenging the amendment to Rule 4.5 of the Commodity Futures Trading Commission

Liz Kirscher is leaving her post as presidnet of research firm Morningstar's data division. A replacement has not been named.

On April 17, 2012, The Vanguard Group was recognized as the most effective full service investment advice brand online by Heardable Inc., a Temecula, California-based firm which measures corporate online performance.

On April 17, OppenheimerFunds, Inc. said it is starring at the 2012 Tribeca Film Festival. Well, sort of.

On April 17, Tiburon's Chip Roame shared his views on the industry with fellow participants in NYC.

On APril 17, 2012, Franklin Templeton Investments Corp. has proposed merging the Wellington West Franklin Templeton Balanced Retirement Income Fund into Quotential Balanced Growth Portfolio.

On April 17, 2012, Investment services provider BNY Mellon was selected by Touchstone Investments to provide a variety of services, including mutual fund accounting and administration, transfer agency, and blue sky services for 14 additional Touchstone mutual funds.

J.P. Morgan Commodity ETF Services has filed with the SEC to list on the NYSE Arca an exchange-traded fund based on physical ownership of copper.

It’s official: Touchstone Investments has completed its acquisition of selected fund assets of Old Mutual Asset Management's U.S. mutual fund business.

Ready Or Not, SIFIs Are Coming

Patrick Morris is a veteran hedge fund manager who has come in from the cold.

On April 16, Knoxville, Tenn.-based BPV Wealth Management changws its name to reflect its rapid growth in the asset management business.

On April 16, 2012, a NYSE spokesperson confirmed that J.P. Morgan Commodity ETF Services has filed with the U.S. Securities & Exchange Commission to list on the NYSE Arca an exchange-traded fund based on physical ownership of copper.

On April 14, Touchstone finalized its deal with Old Mutual.

On April 16, 2012, a T. Rowe Price spokesperson confirmed that Robert Gensler, portfolio manager of the T. Rowe Price Global Equity Strategy, which includes the roughly $590 million Global Stock Fund, will retire from the firm on December 31.

Money market funds bled $114 billion in the first quarter, the biggest quarterly outflow since the second quarter of 2010, according to a report released by Morningstar.

Patrick Morris is a veteran hedge fund manager who has come in from the cold.