Mutual funds

Morningstar, Inc. has launched a new alternative investments center as part of several enhancements to MorningstarAdvisor.com, a free website that provides advisors with practice management information, investment trends, and industry insights.

Matrix Financial Solutions has expanded the functionality of TrueOpen, its core mutual fund trading platform, to address growing demands from retirement plan providers and advisors.

Seoul, Korea-based Mirae Asset Global Investments today unveiled its Global Dynamic Bond Fund, which will bet on sovereign, quasi-sovereign and corporate bonds from issuers in both emerging and developed markets, for U.S. investors.

Wasatch Funds has launched what it touts as “one of the few no-load open-end mutual funds focused exclusively on frontier and smaller emerging market countries,” including Africa and Southeast Asia.

Pyxis Capital, formerly known as Highland Funds Asset Management, L.P., has broken away from its parent, Highland Capital Management, L.P., and taken on a new moniker and a new approach to creating alternative mutual funds.

The coming year is shaping up to be a fresh start for alternative mutual fund shop Pyxis Capital.

Russell Investments has introduced a series of indexes designed to allow fund managers to control volatility in their portfolios.

A new investment management shop has opened in Palm Beach, Fla., dubbed Crest Investment Partners LLC.

Nasdaq OMX and risk analytics developer Axioma have launched a family of indexes that will give investors exposure to commodity spot prices, through the use of stocks.

Wasatch Funds has launched what it touts as “one of the few no-load open-end mutual funds focused exclusively on frontier and smaller emerging market countries,” including Africa and Southeast Asia.

State Street Corporation has appointed Dick Taggart to the post of head of Middle Office Outsourcing Operations across North America for the company’s investment manager services business.

Wells Fargo Funds Management, LLC, the investment advisor to Wells Fargo Advantage Funds, has rolled out a fund that will invest in a wide range of alternative investments.

Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, are warning the SEC that eliminating the fixed $1 price of fund shares will scare away many investors who want some minimum level of value stability in their assets.

Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, are warning the Securities & Exchange Commission that eliminating the fixed $1 price of fund shares will scare away many investors who want some minimum level of value stability in their assets.

Westwood Holdings Group, Inc. has rolled out the Westwood Short Duration High Yield Fund, which will bet on non-investment grade debt with expected maturities of three years or less.

Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, have a few choice words for the Securities & Exchange Commission about more money- market regulations.

Many investors put off making final Individual Retirement Account contributions until the last minute. Now, Fidelity Investments has an app for that.

Wells Fargo Funds Management, LLC, the investment advisor to Wells Fargo Advantage Funds, has rolled out a fund that will invest in a wide range of alternative investments.

Larry Fink, chief executive of BlackRock, wants the asset management industry and government to take the lead in propping up investors' morale in a flagging market.

Change is inevitable and, for the most part, good.