New and Upcoming Funds

Arthur Steinmetz OppenheimerFunds President and CEO

OppenheimerFunds, Inc. is launching the OFI ___ Global Long/Short Fund.

Exemptive Relief

Victory Funds is requesting exemptive relief to participate in an interfund lending program.

Wells Fargo is requesting exemptive relief to create ETFs.

Investment Strategy

On December 6, Powershares S&P Emerging Markets Momentum Portfolio updated its investment strategy.

On December 1, Steben Select Multi-Strategy Fund changed its investment strategy.

On December 5, GuideMark Opportunistic Fixed Income Fund changed its investment strategy.

Fees

On January 1, 2017, J.P. Morgan Access Balanced Fund and J.P.Morgan Access Growth Fund are updating their fee schedule.

Trustees

Myles J. Edwards was appointed as a trustee of the trust of The Reaves Utilities Fund on November 9.

Portfolio Managers

Dennis Stattman, Dan Chamby, Russ Koesterich, David Clayton, and Kent Hogshire will serve as PMs of the BlackRock Global Allocation Fund starting January 1, 2017.

Daniel Ekins, John Hammond, John W. Vojticek, Joseph D. Fisher, David W. Zonavetch, and Chris Robinson are now PMs of the Deutsche Real Estate Securities Fund.



Check back as we keep an eye on people moves in the future and see our previous Follow the Fundsters (previously know as People on the Move) column here. For the latest SEC filings and fund launches, explore our Filings For Fundsters (formerly Stork and Reaper) and New Fund Fuss columns. For job opportunities in the industry, explore our The Next Gig column. If you have a fund filing, a mutual fund launch, a product change or a new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com. 

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