Mutual funds

For the week ended Jan. 16, equity mutual funds attracted an estimated $9.32 billion in inflows, down from the previous week’s huge $14.33 billion inflow but nearly three times greater than last year’s record $3.52 billion inflow in early February.

Jacques Longerstaey has joined F-Squared Investments as a senior vice president of investments.

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

BlackRock is expanding its suite of alternative funds by launching the BlackRock Global Long/Short Equity Fund (BDMAX, BDMIX), which will bet on equity markets across the US and international developed markets.

Institutional investors are currently showing more interest in environmental, social, and governance investing, according to new research from Boston-based global analytics firm Cerulli Associates.

It’s $20 billion and counting for exchange-traded fund purveyor WisdomTree Investments.

Charles Schwab has added five new funds to its retirement lineups, the San Francisco company announced today.

It all started with Goldman Sachs, which began publishing the daily market value of the assets held in its money market mutual funds in the United States on January 9.

Dallas-based Pyxis Capital has added a wholesaler to cover the New York Metropolitan area.

Janus Capital Group has launched the Janus Diversified Alternatives Fund (DAF), which will bet on the equity, fixed income, commodity, and currency asset classes.

Hartford Mutual Funds has named Jac McLean as head of distribution, a newly created position, responsible for retail sales, institutional sales and key account management.

First Trust Advisors has launched the First Trust Short Duration High Income Fund.

The Financial Stability Oversight Council has extended the comment period for proposed recommendations for money market mutual fund reforms.

Brett Meili recently joined U.S. Bancorp Fund Services as legal counsel to provide support for the organizations’ growing alternative investment products and services.

Jay Nolan has joined RiverNorth Capital Management, LLC as a portfolio specialist to act as a liaison between investors and portfolio managers.

Altegris is looking to add a pair of alternative mutual funds to its portfolio in March.

MainStay Investments has closed its $17.5 billion Large Cap Growth Fund to new investors.

Investors in mutual funds rushed to bond funds in 2012, shunning stock mutual funds.

In today's age of smartphones, 4G speed and an app for just about everything, it's almost impossible to imagine that data, the fund industry's most strategic asset, is largely processed manually into spreadsheets.

If you thought the path to the mutual fund world is a straight line, then you haven't met John Brandmeyer, who transformed a family business from selling medical products to marketing funds.