Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Stork and Reaper for September 7, 2012 Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, September 7, 2012

Stork and Reaper for September 7, 2012

Reported by Tommy Fernandez

Polls show that if an election were held today, the Stork party would win in a landslide, with 13 votes compared with five for the Reapers party.

The first Stork votes were re-openings of two small cap funds: Aston Asset Management [profile] reopening its ASTON/River Road Independent Value Fund and Brown Capital Management its Brown Capital Management Small Company Fund.

There were three major voting blocks for the Storks.

Eaton Vance Management [profile] opened four equity funds, sub-advised by Hexavest Inc.: Eaton Vance Hexavest Emerging Markets Equity Fund; Eaton Vance Hexavest Global Equity Fund; Eaton Vance Hexavest International Equity Fund, and Eaton Vance Hexavest U.S. Equity Fund.

Meanwhile, Gen Cap Venture's FactorShares launched three exchange-traded funds (ETFs) focused on the mining-industry: PureFunds ISE Diamond/Gemstone ETF, PureFunds ISE Mining Service ETF and PureFunds ISE Junior Silver ETF.

Finally, the last big block came from Thomas White Funds [profile] launched three new share classes each for the Thomas White International Fund and the Thomas White Emerging Markets Fund.

The remaining votes came from the following Stork constituents: Huntington Asset Advisors [profile], which launched the Huntington Income Generation Fund; Global X Funds with its Global X Junior Miners ETF, and RiverNorth Capital Management [profile] and the RiverNorth/Oaktree High Income Fund, sub-advised by Oaktree Capital Management.

The five Reaper votes came from the following closures.

Firstly, Wilmington Funds merged both the Wilmington Pennsylvania Municipal Bond Fund and the Wilmington Virginia Municipal Bond Fund into the Wilmington Municipal Bond Fund.

Northern Lights Fund Trust closed the Triex Tactical Long/Short Fund.

Wells Fargo [profile] closed its Wells Fargo Advantage Asia Pacific Fund.

Also, the Value Line U.S. Government Money Market Fund, Inc., formerly managed by EULAV Asset Management was folded into the U.S. Government Portfolio of the Daily Income Fund, managed by Reich & Tang Asset Management.

Five contested votes, which have been claimed by both parties and are being examined by the Electoral College, involve portfolio manager changes at five Select Portfolio Funds run by Fidelity [profile]. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly


  1. WE Boston - Women's Initiative Joint Spring Networking Reception, May 15
  2. MFDF In Focus: Making Sense of ESG - A Morningstar Guide, May 16
  3. SEC IM 2024 Conference on Emerging Trends in Asset Management, May 16
  4. ALFI Roadshow to the USA, May 16
  5. 2024 ICI Leadership Summit, May 21-23
  6. MFDF webinar - Mutual Fund Director Compensation: the MPI Annual Survey (2024), May 21
  7. Schwab Institutional Investor Day, May 22
  8. MFDF Conference of Fund Leaders Forum, June 5
  9. MFDF in-person outreach: Continuing Regulatory Impacts on Fund Boards, June 11
  10. MFDF webinar - Digital Assets in the Fund Space (Part 1 of 2), June 12
  11. 2024 MMI Leadership Pathway Seminar, Jun 12-14
  12. 2024 Nicsa Fearless Leadership Symposium, June 12
  13. MFDF webinar - Lessons Learned from the Regional Bank Volatility and the Impact on Registered Funds, June 18
  14. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20
  15. New York YPEM Cornhole Classic, June 25
  16. Morningstar Investment Conference Conference 2024, Jun 26-27
  17. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 16
  18. MFDF Director Discussion Series - Open Forum via Zoom, July 17
  19. MFDF Director Discussion Series - Open Forum (New York), July 23
  20. 2024 MMI Annual Conference, Oct 15-17
  21. 5th Annual ETFGI Global ETFs Insight Summit, October 29
  22. MFDF webinar - Digital Assets in the Fund Space (part 2 of 2), November 7
  23. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  24. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use