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Fidelity Investments has launched a pair of global equity income funds
May 10 -
On May 10, 2012, Rainier Investment Management, Inc., adviser to the Rainier Funds, has launched the International Discovery Fund (RAIIX).
May 10 -
Neuberger Berman has launched the Neuberger Berman Long Short Fund, designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.
May 10 -
ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'
May 10 -
Investors act emotionally, not logically, toward the securities they buy or sell.
May 10 -
Investors pulled an estimated $6.60 billion from U.S. stock funds the week ended May 2, six times the $1.17 billion they withdrew from the funds a week earlier.
May 9
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ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'
May 9 -
On May 9, 2012, Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.
May 9 -
On May 9, 2012, Neuberger Berman has launched the Neuberger Berman Long Short Fund (NLSAX, NLSCX, NLSIX), designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.
May 9 -
On May 9, 2012, Money Management Executive launched the 10th Annual NOVA Fund Operations Awards program, recognizing leadership and innovation in asset management firms.
May 9 -
On may 8, 2012, Emerald Asset hired a new product development head.
May 8 -
On May 8, 2012, Global index provider STOXX Limited has launched the STOXX+ Minimum Variance Index family.
May 8 -
On May 8, 2012, Forward rebranded and revamped its Website.
May 8 -
The Hartford is expanding its defined contribution platform with a trio of new managers and a slew of funds for retirement plan sponsors and participants.
May 8 -
Henry Berghoef is stepping down as co-manager of the Oakmark Select Fund (OAKLX) and will retire from Harris Associates L.P., the fund's advisor, effective July 31.
May 8 -
Milwaukee, W.I.-based Baird has launched the Baird Small Cap Value Fund, managed by Michelle Stevens.
May 8 -
San Francisco-based Forward Management is once again embarking on an alternative roadshow with a group of alternative mutual funds in hopes of educating advisors on the benefits of alternative investing and, ultimately, winning business.
May 8 -
On May 7, 2012. Baird unveiled a small cap mutual fund.
May 7 -
On May 7, 2012, Denver-based Janus Capital Group Inc. made two senior-level hires to beef up its client relations team.
May 7 -
On May 7, 2012, a new survey says investment products are "overly complex," and investors are feeling "overwhelmed" by the slew investment choices available to them.
May 7
