Investments

Russell is looking for a new director of defined contribution.

A meeting at the $79 billion Oregon Investment Council (OIC) last Wednesday resulted in two new investments, Jeff Sinks, communications director for the Oregon State Treasury, confirmed to Investment Management Mandate Pipeline, a sister publication to Money Management Executive.

Hatteras Funds earlier this month announced that its Hatteras Managed Futures Strategies Fund (HMFIX, HMFAX) is now available on the Charles Schwab Mutual Fund OneSource Platform.

Exchange-traded products are on a roll, following up a record year of flows with a major milestone the first month of the new year.

Jonathan Baum, the chairman and CEO of Dreyfus, resigned from the firm on Monday, Jan. 21, to pursue other interests, Morningstar reports.

Cynthia Friedlander has been named director of fixed income regulation in the member regulation division of the Financial Industry Regulatory Authority, FINRA announced Thursday.

John M. “Jack” McCarthy, who became a widely quoted stock market bull during a 32-year career at Lord Abbett & Co., where he managed the flagship Affiliated Fund (LAFFX), has died. He was 85.

News headlines today are riddled with fines and lawsuits against some of the biggest financial brands in the world, even as regulators crack down and push major legislative overhauls into implementation, such as 2010 Dodd-Frank Wall Street Reform Act in the U.S. and Retail Distribution Review (RDR) in the UK.

Pioneer Investments is reshuffling its fund lineup including reorganizing four domestic equity funds and liquidating another.

First, there was the Great Recession.

Stock funds started the year with a bang.

Jonathan Baum, the chairman and CEO of Dreyfus, resigned from the firm on Monday, Jan. 21, to pursue other interests, Morningstar reports.

Who better to help kickoff an educational alternatives summit series than Jeffrey Gundlach?

For alternative mutual funds, 2012 was a mixed bag.

Exchange-traded products are on a roll, following up a record year of flows with a major milestone the first month of the new year.

The Investment Company Institute is proposing that prime money market funds impose temporary “gates” and fees to halt redemptions during times of market stress.

Professor John Grable touched a nerve when he suggested in Financial Planning’s current issue that a mandatory AUM tax on advisors could help make financial planning available to all American families. Actually, he touched a lot of nerves.

The Republican chairman of the tax-writing House Ways and Means Committee, Dave Camp, R-Mich., released a draft document Thursday proposing a series of tax reforms for various types of financial derivatives and other financial products, building on work done by his committee over the past two years.

Tax-exempt money market funds continued their downward as they reported $2.44 billion of outflows, for the second week in a row of net outflows.

Inflows to municipal bond mutual funds, while still robust, have fallen for a second straight week, to $871 million from funds that report their flows weekly.