Mutual funds

BlackRock’s former global head of exchange traded fund research, Deborah Fuhr, is back.

Cove Street Capital is sponsoring its first mutual fund, the CSC Small Cap Value Fund, which it begin managing on Jan. 27. The fund’s former investment manager was City National Asset Management, Inc.

Affluent retail investors are pulling assets away from traditional mutual funds in favor of exchange-traded funds and other alternatives, resulting in significant market consolidation, according to new findings by Cogent Research.

Exchange-traded fund developer Invesco PowerShares Capital Management plans to list two ETFs this Friday that will give investors access to what it calls “high-beta strategies,’’ covering the emerging and international developed markets.

Due to internal company limits on the number of exchange traded notes it can have circulating in securities market, Credit Suisse said Wednesday it has temporarily suspended issuance of the high volatility product VelocityShares Daily 2x VIX Short-Term ETNs.

Investors continued to steer money into stock mutual funds in February, though with much less enthusiasm. According to statistics released today by the Investment Company Institute, investors placed an estimated $1.04 billion into equity funds during the week ended Wednesday, Feb. 15, less than half the $3.64 billion they poured into the funds a week earlier.

Investors continued to steer money into stock mutual funds in February, though with much less enthusiasm. According to statistics released today by the Investment Company Institute, investors placed an estimated $1.04 billion into equity funds during the week ended Wednesday, Feb. 15, less than half the $3.64 billion they poured into the funds a week earlier.

RiverNorth Capital Management said its RiverNorth/DoubleLine Strategic Income Fund will be closed to new investors as of March 30.

FMR LLC, the parent of Boston-based Fidelity Investments, is looking to raise $250 million through a debt offering, according to a Securities and Exchange Commission filing. But how the company plans to use the capital is anybody’s guess at this point.

Richard F. Aster, Jr., president of Aster Investment Management Company, Inc. and portfolio manager of Meridian Fund, Inc., passed away on Thursday, February 16, 2012.

FMR LLC, the parent of Boston-based Fidelity, is looking to raise $250 million through a debt offering, according to a Securities and Exchange Commission filing. But how the company plans to use the capital is anybody’s guess at this point.

U.S. Bancorp Fund Services has launched its first multiple series trust focused on exchange-traded funds in a partnership with Exchange Traded Concepts, an advisor that helps money managers launch their own private label ETF-products.

Thomson Reuters has introduced a model that can determine which stocks are likely to be bought and sold from a fund manager’s portfolio.

U.S. securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a person familiar with the matter.

A new study by is looking to answer the age-old question: Do active investment managers (e.g., mutual funds and hedge funds) add value above and beyond simply investing in an index?

Thomson Reuters has introduced a model that can determine which stocks are likely to be bought and sold from a fund manager’s portfolio.

Investment Company Institute President and CEO Paul Schott Stevens argues that the SEC's upcoming proposal to tighten the regulation of money market funds will harm investors, damage financing for businesses and governments and jeopardize the economic recovery.

Equities Order Flow Drops for Third Straight Year; BNY Mellon Develops Omnibus Platform; Citi to Administer Assets for Credit Suisse

James Roche is stable asset sales director for Standard Insurance Company's ("The Standard") stable value products (SVPs). Here, Roche walks through the key tenets behind stable value funds.

The leadership team for Citi Capital Advisors (CCA) disclosed in a memo yesterday that the global alternative asset management platform for institutional and ultra high net worth investors will soon be under employee ownership separate from its parent company.