Investments

Deborah Fuhr is launching her own firm devoted to research and consulting in the exchange trade market, called ETF Global Insight.

The Dow Jones Industrial Average rallied up 46 points to close at 12.984.69 Thursday as investors took a shine to stocks in virtually all the major industries following a one-day sell-off.

Yorkville Capital Management said it created 11 sector indices and 4 composite indices that will track the performance of investment partnerships that get traded on public exchanges.

BlackRock’s former global head of exchange traded fund research, Deborah Fuhr, is back.

Affluent retail investors are pulling assets away from traditional mutual funds in favor of exchange-traded funds and other alternatives, resulting in significant market consolidation, according to new findings by Cogent Research.

Cove Street Capital is sponsoring its first mutual fund, the CSC Small Cap Value Fund, which it begin managing on Jan. 27. The fund’s former investment manager was City National Asset Management, Inc.

Affluent retail investors are pulling assets away from traditional mutual funds in favor of exchange-traded funds and other alternatives, resulting in significant market consolidation, according to new findings by Cogent Research.

Exchange-traded fund developer Invesco PowerShares Capital Management plans to list two ETFs that will give investors access to what it calls “high-beta strategies,’’ covering the emerging and international developed markets.

Due to internal company limits on the number of exchange traded notes it can have circulating in securities market, Credit Suisse said it has temporarily suspended issuance of the high volatility product VelocityShares Daily 2x VIX Short-Term ETNs.

Bond behemoth PIMCO is making a push into the equities space with the hire of Geoffrey Johnson as an executive vice president and global equity portfolio manager. He will begin with the firm in April and will be based in the Newport Beach, Calif. office.

The Dow Jones Industrial Average shed 27 points to close at 12,938.67 as persistent EU concerns and a disappointing revision of the December home sales data weighed heavily on investors’ minds.

Exchange-traded fund developer Invesco PowerShares Capital Management plans to list two ETFs this Friday that will give investors access to what it calls “high-beta strategies,’’ covering the emerging and international developed markets.

Due to internal company limits on the number of exchange traded notes it can have circulating in securities market, Credit Suisse said Wednesday it has temporarily suspended issuance of the high volatility product VelocityShares Daily 2x VIX Short-Term ETNs.

Bond behemoth PIMCO is making a push into the equities space with the hire of Geoffrey Johnson as an executive vice president and global equity portfolio manager. He will begin with the firm in April and will be based in the Newport Beach office.

Investors continued to steer money into stock mutual funds in February, though with much less enthusiasm. According to statistics released today by the Investment Company Institute, investors placed an estimated $1.04 billion into equity funds during the week ended Wednesday, Feb. 15, less than half the $3.64 billion they poured into the funds a week earlier.

Investors continued to steer money into stock mutual funds in February, though with much less enthusiasm. According to statistics released today by the Investment Company Institute, investors placed an estimated $1.04 billion into equity funds during the week ended Wednesday, Feb. 15, less than half the $3.64 billion they poured into the funds a week earlier.

RiverNorth Capital Management said its RiverNorth/DoubleLine Strategic Income Fund will be closed to new investors on March 30, but current investors and advisors can still purchase shares after that date.

RiverNorth Capital Management said its RiverNorth/DoubleLine Strategic Income Fund will be closed to new investors as of March 30.

FMR LLC, the parent of Boston-based Fidelity Investments, is looking to raise $250 million through a debt offering, according to a Securities and Exchange Commission filing. But how the company plans to use the capital is anybody’s guess at this point.

A Financial Industry Regulatory Authority arbitration panel ordered Memphis-based Morgan Keegan & Co. to pay a Birmingham investor $1.95 million for misrepresenting that the Jefferson County, Ala., sewer bonds he purchased were safe, liquid and tax-free investments.