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Rating:Stork & Reaper for October 8, 2012 Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, October 08, 2012

Stork & Reaper for October 8, 2012

Reported by Tommy Fernandez

StorkTown saw a jump in population, with six new funds, and a baby fund firm, birth, and two sub-advisory relationships killed outright.

Hatteras Funds unveiled the Hatteras Managed Futures Strategies Fund.

BlackRock's iShares has launched the iShares Global Government AAA-AA Capped Bond Fund, the first ETF to offer global AAA/AA-rated government bond exposure.

IndexIQ launched the IQ Hedge Market Neutral Track ETF.

Neuberger Berman has introduced the Short Duration High Income fund.

Virtus Investment Partners and Newfound Research have partnered to establish a new asset manager called Newfound Investments.

Pimco has launched Pimco Mortgage Opportunities.

Taylor Alternative Mutual Funds birthed the Taylor Xplor Managed Futures Strategy Fund.

Meanwhile, two funds said goodbye to sub-advisors.

Marsico Capital Management is no longer the sub-advisor to the Multi-Manager Large Cap Fund. WestEnd Advisors is the successor.

ING fired Tradewinds Global Investors as the sub advisor to ING Value Choice, ING Global Value Choice and ING International Value Choice

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