Mutual funds

Denver-based ALPS Fund Services, Inc. has launched two large-cap Exchange-Traded Fund (ETF) index funds that will invest in an index of three ETFS that track the S&P 500 (SPX) and two volatility indices pegged off the S&P 500 Market Volatility Index (VIX).

Novato, Calif.-based Hennessy Funds moved closer to finalizing its acquisition of FBR Funds, and transferring the assets into various Hennessy funds.

Advisors want more control over clients' managed accounts, and such accounts increasingly tilt towards mutual funds. Judging from recent results, though, the combination of these trends might not be good news for clients.

Risk management and regulatory reporting.

Franklin Templeton has expanded its defined contribution investment only team this year with the addition of four wholesalers.

As the asset management industry evolves, innovative product options are being introduced to compliment traditional pooled vehicles.

Multi-manager shop Virtus Investment Partners has added Rampart Investment Management, which specializes in customized options strategies for institutional and high-net-worth clients, as a wholly owned affiliate of Virtus.

Artio Global Investment Funds last month decided to liquidate four equity funds.

Sudi Mariappa, the former bond head and Managing Director at PIMCO who worked closely with founder Bill Gross, will join GLG, the investment management division of London-based Man Group PLC to manage the firm’s renewed push into fixed-income hedge funds.

Columbus, Ohio-based Huntington Funds has launched the Huntington Income Generation Fund, a fund of funds that will primarily invest in three other Huntington funds.

Loomis Sayles is making a hasty name change to one of its funds after losing out on a federal lawsuit.

Tax-exempt money market funds lost $1.70 billion and total net assets declined to $268.31 billion in the week ended Sept. 3 -- the second consecutive week of significant losses, according to The Money Fund Report, a service of iMoneyNet.com.

Crisis may be the new normal for investors, but it's also the stark reality of the communications landscape.

The Securities and Exchange Commission has settled an administrative proceeding against two Portland, Oregon-based investment advisory firms regarding their failure to disclose a revenue-sharing agreement and other potential conflicts of interest to clients.

Forward has expanded its institutional and intermediary sales forces with a slew of new hires.

RiverNorth Capital Management today filed a registration with the U.S. Securities and Exchange Commission for a new mutual fund—the RiverNorth/Oaktree High Income Fund.

The $5.5 billion Franklin Templeton Founding Funds Allocation last week got a Negative rating from research shop Morningstar.

Global assets invested in exchange-traded funds and exchange-traded products reached a record $1.76 trillion through the end of August 2012.

Can it possibly be? Technology stocks are paying the most dividends?

In a nod to the competitive pricing pressure roiling the financial services industry, Advisor Group, one of the largest independent broker-dealer networks in the nation, has eliminated, or drastically reduced, the mutual fund fees it was charging to clients of its financial advisors.