MutualFundWire.com: Stork and Reaper for the Week of May 10, 2013
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Tuesday, May 07, 2013

Stork and Reaper for the Week of May 10, 2013


The Party's at Capacity


On May 6 SouthernSun Asset Management [profile] unveiled plans to shutter its small cap equity strategy, including its five-star, $605.1-million SouthernSun Small Cap mutual fund, to new investors on May 17. The entire strategy, including separately managed accounts, boasted $2.28 billion in assets as of March 31.


They Grow Up So Fast!


On May 3 Strategic Asset Management's [profile] $32.3-million Strategic Latin America Fund celebrated its three-year anniversary.


Births


Morningstar reported in its "ETF Weekly" column that on May 1 Direxion [profile] debuted its Direxion Daily Bear 3x Shares and Direxion Daily South Korea Bear 3x Shares ETFs.

Last week First Trust [profile] launched its First Trust Senior Loan Fund.


Have any fund launches or product changes that you'd like to let the industry know about? Alert us at editors@investmentwires.com.


Printed from: MFWire.com/story.asp?s=43817

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