Mutual funds

Dallas, Texas-based Pyxis Capital, L.P. has launched the Pyxis Natural Resources Fund to invest all of its assets in the Ascendant Natural Resources Master Fund, which is managed by Ascendant Advisors, LLC.

Horizon Investments has launched a no-load actively-managed mutual fund that invests in exchange-traded funds.

Peter Graham is the head of Product Development and Marketing at New York-based Mirae Asset Global Investments (USA), an arm of an Asian financial services firm that tries to provide investors in the United States with access to investments in emerging markets.

Horizon Investments has launched a no-load actively-managed mutual fund that invests in exchange-traded funds.

Bank of America today released a its own version of a multiple employer plan for small businesses, dubbed Merrill Edge Small Business 401(k), targeting plan sponsors with 401(k) plan assets under $250,000.

Wilshire Associates Inc. has promoted John Hindman to the role of president of the firm.

The people and events that took center stage in Phoenix, starting March 19.

Total money market mutual fund assets decreased by $15.49 billion to $2.622 trillion for the week ended Wednesday, March 21, according to the Investment Company Institute.

Well, Fidelity’s chief executive won’t personally meet the oracle of Omaha but a contingent of his senior executives will, Fortune reports .

Total money market mutual fund assets decreased by $15.49 billion to $2.622 trillion for the week ended Wednesday, March 21, according to the Investment Company Institute.

Insurer and wealth manager The Hartford is trimming its focus to a few core business areas: property and casualty, group benefits and mutual funds.

The "race for quality has no finish line. So technically it's more like a death march," according to the inspirational poster that Tamara K. Salmon, senior associate counsel at the Investment Company Institute, was reading at the outset of a session Tuesday at its Mutual Funds and Investment Management Conference on the biggest operational risks fund firms face.

PHOENIX - The Securities and Exchange Commission's Office of Compliance Inspections is increasingly bringing along representatives of the Division of Enforcement into its examinations of brokers and advisers.

PHOENIX - Commissioner Elisse Walter told fund industry executives gathered here to re-engage with the Securities and Exchange Commission on a new round of reform of money market mutual funds - and end its "unconstructive disengagement'' on the subject

A shift in American investor appetite towards investment outcome, as opposed to relative return, is changing their buying behavior, according to research published by Casey, Quirk & Associates and the eVestment Alliance.

Leslie Christian, former CEO, and CIO of Portland, Ore.–based Portfolio 21 Investments, has left the firm.

John Hancock has launched an ad campaign reaching out to financial advisors, focusing on the position of trust many enjoy with their clients.

Fund administrator Gemini Fund Services has launched its third shared mutual fund trust, the Northern Lights Fund Trust III.

The Valley Forge, Pa.-based purveyor of low-cost mutual funds Vanguard is embarking on an ad campaign to encourage investors to understand that costs matter in their investment lives.

Greg Francfort, who most recently served as director of Neuberger Berman’s global equity research team, will be joining the firm’s MLG Group, which manages approximately $7 billion in assets for individuals, institutions and mutual funds.