Mutual funds

The suitability of leveraged and inverse exchange-traded funds climbed on FINRA’s Enforcement hit list in 2012, according to Partners Deborah Heilizer and Brian Rubin and Associate Andrew McCormick of law firm Sutherland Asbill & Brennan’s, in their annual review of the regulatory agency’s disciplinary actions.

300 North Capital has added its global macro strategy in the Altegris Macro Strategy Fund.

Pimco’s 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.

The Board of Trustees of Dreyfus Stock Funds is putting the brakes on a planned reorganization of the $114 million Dreyfus Small Cap Equity Fund.

OppenheimerFunds has named Mark Hamilton chief investment officer, Asset Allocation, effective April 8.

Virtus Investment Partners reported a 56% organic growth rate in net flows for long-term, open-end mutual funds in Q1 2013.

Janus Capital Group has appointed Enrique Chang chief investment officer of equities and asset allocation.

Ultimus Fund Solutions has added David Carson to its senior management team as Director of Client Strategies to manage the series trust product line

VelocityShares has launched three exchange-traded funds that invest in emerging market depositary receipt. The VelocityShares Emerging Market DR ETF ( EMDR), VelocityShares Emerging Asia DR ETF (ASDR), and VelocityShares Russia Select DR ETF (RUDR) all track BNY Mellon indexes.

Exchange-traded fund flows topped $17.3 billion in March with the fixed income category leading the way to the tune of $5 billion, increasing its year-to-date net flows to $7.1 billion, according to State Street Global Advisor’s latest ETF Snapshot.

Nasdaq OMX Group less than a month ago announced plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products.

New York-based ETF Issuer Solutions is the latest firm to file paperwork for actively managed exchange-traded funds.

It’s official: The Senate on Monday confirmed former federal prosecutor Mary Jo White as the new head of the Securities and Exchange Commission, Reuter reports.

Mirae Asset Global Investments (USA) has added three hires to its sales and distribution team.

Asset managers will be wise to adopt social media into their repertoire if they haven’t done so already, according to a new survey from American Century Investments.

Global exchange-traded funds and exchange-traded products continued their asset gathering in Q1, led by equity products, with record global net inflows of $73.4 billion, according to ETFGI’s Global ETF and ETP industry insights report for Q1.

Ultimus Fund Solutions has added David Carson to its senior management team as Director of Client Strategies to manage the series trust product line

Rafferty Asset Management, advisor to Direxion Funds and Direxion Shares, has hired a chief operating officer and president.

Asset managers are constantly looking for new ways to gather assets for their firms.

The $8.7 billion Vanguard Capital Opportunity Fund (VHCOX) is now open to individual investors for the first time since 2004 and its $25,000 annual contribution limit for individual investors has been removed.