MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, March 30, 2012 Pyxis' Next Offering May Reach For the Frontier For its next mutual fund, Pyxis Capital [profile] is reaching beyond emerging markets. Don Salvino, managing director and head of distribution for registered products at the Dallas-based company, confirmed that Pyxis is looking at launching "a frontier markets sovereign debt fund." "Our goal is not to be be a platform that provides 'me, too' products," Salvino told MFWire.com. "We look for managers who employ somewhat of a unique strategy." Salvino said that frontier markets sovereign debt is a "very underutilized strategy in the mutual fund space." He declined to reveal further details about the idea, including who might subadvise it. Pyxis just launched a new Natural Resources Fund, powered by Ascendant Advisors [3/27/2012]. Printed from: MFWire.com/story.asp?s=39590 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |