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

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

Rating:Stork and Reaper for Monday, July 16, 2012 Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, July 16, 2012

Stork and Reaper for Monday, July 16, 2012

Reported by DW

The Stork delivered four new funds today:

Invesco PowerShares' latest anticipated listing is the PowerShares DWA SmallCap Technical Leaders Portfolio, which MFWire first reported on last Thursday. The fund will be managed by the same PMs who manage the other three DWA Technical Leaders ETFs. In a phone interview with MFWire, Ben Fulton, managing director and head of global ETFs at Invesco PowerShares, noted that the firm looks for ways to expand its product lines, and felt that it was a good time to develop new small-cap offerings. [SEC filing] [Press Release]

SunAmerica's [profile] newest offering is the Dynamic Strategy Portfolio. Its investment goals are capital appreciation and current income while managing net equity exposure. The fund is sub-advised by a number of firms, including AllianceBernstein, Goldman Sachs Asset Management, J.P. Morgan, Marsico, PIMCO, and PineBridge.[SEC Filing]

BlackRock has filed for the iShares MSCI Frontier 100 Index Fund. The fund seeks investment results on par with the performance of the MSCI Frontier Markets 100 Index, and is managed by Rene Casis, Diane Hsiung, Jennifer Hsui. and Greg Savage. [SEC filing]

UBS is moving forward with its Emerging Markets Debt Fund. The fund, managed by Uwe Schillhorn, seeks to maximize total return through capital appreciation and current income. [SEC filing]

After giving funds a brief respite last Friday, the Reaper has returned:

The DWS Clean Technology Fund, advised by Deutsche Investment Management Americas Inc., will be liquidated and terminated on or about October 12, 2012, and will close to new investments on or about July 20, 2012. [SEC Filing]

In addition to the births and deaths of funds, other funds have transformed and now have new names and strategies:

Legg Mason is changing the name of the Esemplia Emerging Markets Equity Fund to Legg Mason Esemplia Emerging Markets Long-Short Fund. Around October 1, 2012, the fund will begin investing at least 80% of its net assets in emerging markets equities. [SEC filing]

Allianz has changed the name of its AGIC International Growth Opportunities Fund to Allianz RCM International Growth Opportunities Fund. Along with the name change, Allianz is pursuing a strategy of investing 80% or more of its net assets in companies with market caps below $5 billion. [SEC filing

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

 Do You Recommend This Story?

Return to Top
 News Archives
2022: Q1
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:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use