MFS launches managed wealth fund
MFS Investment Management (MFS) announced the launch of MFS Managed Wealth Fund (MNWAX), a flexible equity fund that seeks to provide capital growth with moderate volatility.
View ArticleEgypt launches Tahya Misr fund
The Presidency announced the launch of "Tahya Misr" (Long Live Egypt) fund to support Egypt's economy.
View ArticleVanguard debuts five ETFs on Toronto Stock Exchange
Vanguard Investments Canada Inc. announced that five new Canada-domiciled exchange-traded funds (Vanguard ETFsTM) will begin trading this morning on Toronto Stock Exchange (TSX).
View ArticleBNY Mellon launches risk assessment tool for prime money market mutual funds
Designed to help maximize risk-adjusted performance, BNY Mellon's Global Collateral Services business announced the addition of FundIQ, a third party market research and analytical tool to benchmark...
View ArticleMarket Vectors launches ChinaAMC SME-ChiNext ETF
Market Vectors ETF Trust has launched the Market Vectors ChinaAMC SME-ChiNext ETF, a new fund which seeks to provide exposure primarily to China's market of innovative, non-government owned companies,...
View ArticleRothschild Larch launches Rothschild Larch Lane Alternatives Fund
Rothschild Larch Lane Management Company announces the launch of a liquid, open end alternatives mutual fund which utilizes a risk balanced approach to portfolio construction.
View ArticlePacific Life Funds launches PL Diversified Alternatives Fund
To help provide financial advisors and their clients with additional portfolio diversification opportunities, Pacific Life Funds has launched the PL Diversified Alternatives Fund.
View ArticleRBC Global launches new European Dividend Fund in Canada
RBC Global Asset Management Inc. today announced the launch of RBC European Dividend Fund, which is now available for purchase by individual investors and advisors in Canada.
View ArticleSEC starts alternative mutual funds examination
The US Securities and Exchange Commission (SEC) has reportedly started a broad examination of alternative mutual funds that are offered to small investors.
View ArticleBlackRock introduces Multi-Manager Alternative Strategies Fund
BlackRock launched the BlackRock Multi-Manager Alternative Strategies Fund (BMMAX) (the “Fund”), designed to offer individual investors the opportunity to access multiple alternative investment...
View ArticleBOCHK Asset Management, Citi partner to launch Renminbi High Yield Bond UCITS...
Bank of China (Hong Kong) Asset Management and Citigroup Global Markets have jointly launched the BOCHK RMB High Yield Bond Fund1.
View ArticleFirst Trust secures approval to sell exchange-traded funds in Mexico
First Trust Advisors L.P. (First Trust), a global ETF provider and asset manager, has secured approval from Mexican pension funds investment regulator, La Comisión Nacional del Sistema de Ahorro para...
View ArticleUS mutual fund companies transfer dollars into collective investment trusts
Mutual fund companies in the US including No. 2 Fidelity Investments have transferred dollars into collective investment trusts (CITs) and cut down fees on their popular funds in a bid to trim expenses.
View ArticleCitigroup affiliates to pay $180m to settle hedge fund fraud charges
The Securities and Exchange Commission has announced that two Citigroup affiliates have agreed to pay nearly $180m to settle charges that they defrauded investors in two hedge funds by claiming they...
View ArticleBelpre Savings Bank to affiliate with First Mutual Holding and First Federal...
Belpre Savings Bank in southeastern Ohio is set to become an affiliate bank of First Mutual Holding (FMHC), pending approval of regulatory agencies and Belpre's depositors and borrowers.
View ArticleReliance Capital to acquire Indian asset management business from Goldman Sachs
Reliance Capital Asset Management (RCAM) has agreed to acquire Goldman Sachs's onshore asset management in India for $37.5m.
View ArticleNatixis Global Asset Management launches new sustainable equity mutual fund
Natixis Global Asset Management launched the Mirova Global Sustainable Equity Fund (ESGMX), a global equity mutual fund managed by Natixis AM U.S. with reliance on Mirova.
View ArticleIndia Post gets clearance for payments bank services
The Indian government has cleared a proposal for the India Post to launch payments bank services by March 2017.
View ArticleS&T Bancorp enters into final phase of Integrity Bank integration
S&T Bancorp (S&T) said that it is moving into the final phase of the Integrity Bank integration.
View ArticleWestcore family of mutual funds to be integrated into Segall Bryant & Hamill...
Segall Bryant & Hamill (SBH) said that it will integrate the Westcore family of mutual funds into the Segall Bryant & Hamill Funds.
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