Mutual funds

Brian Schaub and Chad Meade, fund managers who quit Janus Capital Group this month, have joined Arrowpoint Partners, a Denver-based hedge-fund firm co-founded by their former colleague David Corkins.

ING U.S. announced yesterday that the underwriters in its initial public offering have exercised their overallotment option to purchase approximately 9.8 million additional shares of ING U.S. from ING Group at the IPO price of $19.50 per share.

This was one initial public offering that Nasdaq executives sure didn’t “like”.

Grandeur Peak Global Advisors is adding a new fund to its portfolio.

Vanguard has swapped indexes for a $15.7 billion fund. The Vanguard Tax-Managed International Fund traded the MSCI EAFE Index for the FTSE Developed ex North America Index, effective today.

The secrets proxy statements can tell you.

The Board of Trustees of Touchstone Funds Group Trust has decided to appoint Forum Securities Limited as sub-advisor to the Touchstone Global Real Estate Fund (TGACX), replacing current interim sub-advisor Russell Implementation Services, a subsidiary of Russell Investment, effective May 24.

Fresh off of its announced partnership with a Chinese venture capital shop, Philadelphia-based VTL Associates is looking to add two exchange-traded funds to its roster: RevenueShares Emerging Market Fund and RevenueShares Ultra Dividend Fund.

Vanguard today reports that expense ratios have dropped for several of its mutual funds and the Dividend Appreciation ETF.

Advisors are expected to up the exchange traded fund allocations in their clients’ portfolios in 2013, according to Cerulli's Exchange Traded Fund Markets 2013 report.

Chalk this one up to bad PR.

Arrow Funds has hired an ex-Direxion exec as its new national sales director. John Cadigan joins the firm in the title role.

Total money market mutual fund assets increased by $19.53 billion to $2.601 trillion for the week ended Wednesday, May 22, according to the Investment Company Institute.

Flows into municipal bond mutual funds scraped and clawed into positive territory the week of May 22, at $63 million.

Berwyn, PA-based Turner Investments is looking to add emerging market exposure to its portfolio via the Turner Emerging Markets Fund.

When I was growing up, the U.S. was launching the Great Society, which sought to summon the resources of government to wipe out poverty.

Through these documents, sent out by public companies in advance of annual meetings, shareholders learn issues on the agenda, voting procedures, backgrounds of individuals nominated for the board of directors and juicy details on executive compensation.

Alternative mutual funds are making their way into the market via mutual fund firms, hedge funds, private equity shops and now banks.

The Board of Trustees of the Tatro Tactical Appreciation Fund (TCTNX), a series of the Northern Lights Fund Trust, has decided to shut down the fund “in the best interests of its shareholders,” according to a filing.

Investors continue to pour dollars into 40’ Act products, looking for returns outside of U.S. borders and income from taxable fixed income funds.