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

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

Rating:Stork and Reaper -- July 15, 2016 Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, July 15, 2016

Stork and Reaper -- July 15, 2016

by: Jennifer Goetz

Fund Updates

The Rothschild Larch Lane Alternatives Fund's name will be changed to the Fiera Capital Diversified Alternatives Fund.

The closing of the merge of Putnam Voyager Fund into Putnam Growth Opportunities, originally set for July 15, has been delayed until further notice.

As of July 14, Class529A, Class529B and Class 529C of the MFS International Diversification℠ Fund are not available for sale, and are scheduled to be terminated on or around July 31.

The Class B shares of the Fidelity AdvisorŪ Focus Funds were converted to Class A shares. The fund's name will also change from Fidelity AdvisorŪ Electronics Fund to Fidelity AdvisorŪ Semiconductors Fund on Oct. 1.

Prudential Global Total Return Fund, Inc.'s manager and subadvisor will "waive a portion of the management fee and subadvisory fee."

On June 17, the All Terrain Opportunity Fund's performance benchmark was changed to the HFRX Global Hedge Fund Index.

New Funds

On Wednesday VanEck launched the VanEck Vectors EM Investment Grade + BB Rated USD Sovereign Bond ETF. The ETF tracks the J.P. Morgan Custom EM Investment Grade Plus BB-Rated Sovereign USD Bond Index and is PMed by Francis G. Rodilosso and Eric Isenberg.

Management, Subadvisor or PM updates

On July 11, Fiera Capital Inc. purchased Rothschild Asset Management Inc's stake in Rothschild Larch Lane Management Company, advisor to the Rothschild Larch Lane Alternatives Fund, now called the Fiera Capital Diversified Alternatives Fund. Rothschild Larch Lane Management Company also rebranded as Fiera Capital Management Company, and Rothschild Asset Management employees "will no longer be involved in the management or oversight of the Fund." And by August 31, Fiera will buy Larch Lane Advisors, too.

The advisor of the now-Fiera Capital Diversified Alternatives Fund was changed to Fiera Capital Management Company LLC on July 11.

George Maglares is a co-PM for the Perkins Global Value Fund and the Perkins International Value Fund of Janus Investments as of this July.

On Aug. 19, Jason Gottlieb will no longer serve as a PM for the Goldman Sacs Multi-Manager Alternatives Fund.

Ivan Bakrac will no longer be a PM to the Invesco Unconstrained Bond Fund.

The Vanguard International Growth Fund will now be advised by Baillie Gifford and Schroders. M&G will no longer serve as an investment advisor.

New Strategies

Victory Fund's Victory CEMP Global High Dividend Defensive Fund altered its investment objective and principal investment strategy on July 12.

Terminated Funds

Northern Lights Fund Trust III decided that the Discretionary Managed Futures Strategy Fund will cease operations and will try to close the fund on or before July 29. As of July 15, the fund no longer accept investments.

***
To learn more about recent fund launches, check our most recent New Fund Fuss here. For SEC filings, check out our latest Stork and Reaper column here. If you have a fund filing that you would like to point out, or a mutual fund launch or product change that you would like to announce, please contact the MFWire team at editors@investmentwires.com. 

Correction: A prior version of this story gave the wrong acquisition targets of Fiera Capital. Fiera bought Rothschild Asset Management's stake in Rothschild Larch Lane Management Company, and Fiera will soon buy Larch Lane Advisors, too.

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
2022: Q2Q1
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. 2022 IDC Fund Directors Workshop, May 26
  2. Irish Funds Annual Global Funds Conference 2022, May 30-31
  3. WealthManagement Edge, May 31 - June 3
  4. MFDF 2022 Fund Governance and Regulatory Insights Conference, Jun 8-9
  5. 28th annual Expect Miracles East Coast Classic, June 9
  6. 2022 Sohn Investment Conference, June 9
  7. IDC webinar - Cybersecurity for Fund Boards: The Current Landscape, June 9
  8. MMI webinar - Driving Business Value with Artificial Intelligence & Data, June 15
  9. MFDF webinar - Key Takeaways From Morningstar's 2021 Annual Fund Fee Study, June 16
  10. MFDF Director Discussion Series - Open Forum (Chicago), June 21
  11. 2022 MMI Emerging Asset Managers Forum, June 23
  12. MFDF In Focus: Capitol Hill, A Conversation with Congressman Bryan Steil, June 28
  13. Financial Planning INVEST, Jun 28-29
  14. MFDF webinar - Differentiating Mutual-Fund-to-ETF Conversions, July 19
  15. MFDF Director Discussion Series - Open Forum (New York), July 20
  16. 2022 MMI Distribution Leadership Forum, Jul 20-21
  17. MFDF webinar - Fund Boards' Oversight of Investment Performance, July 28
  18. MFDF webinar - Performance, Perception and Manager Selection, September 14
  19. 2022 ICI Tax and Accounting Conference, Sep 18-21
  20. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  21. Nicsa Fearless Leadership Symposium, Oct 6-7
  22. 2022 MMI Annual Conference, Oct 19-21
  23. 2022 IDC Fund Directors Conference, Oct 24-26
  24. 18th annual Expect Miracles Wine & Spirits Event, October 27
  25. Nicsa 2022 General Membership Meeting, October 31 - November 2
  26. Tiburon CEO Summit XLIII, Nov 7-9




©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