Breaking News Breaking News <![CDATA[Angel Oak Plants Multi-Strat Fund on DB’s Platform]]> Atlanta-based Angel Oak Capital Advisors, LLC, a fixed income asset management shop, today revealed that its Angel Oak Multi-Strategy Income Fund is now on the Deutsche Bank Private Wealth Management platform.

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<![CDATA[T+1 Revisited: Settling On a Settlement Speed]]> Pacific Investment Management Company, of course, runs the world's largest mutual fund. Its Total Return Fund counts assets of nearly one-quarter of a trillion dollars.

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<![CDATA[Advisors Shun Long Only, Embrace Long/Short]]> Financial advisors are shunning traditional diversification and portfolio construction for sexier alternative investment strategies

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<![CDATA[Stevens: SEC’s Proposals Undermine Money Market Funds]]> Requiring money market fund advisers to hold capital to support their money market funds would fundamentally change the nature of these funds, according to a new study by the Investment Company Institute released today.

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<![CDATA[Direxion’s Volatility Funds Change Course]]> Boston-based alternative mutual fund provider Direxion has made changes to the investment strategy of Direxion S&P 1500 RC Volatility Response Shares (VSPR), Direxion S&P 500 RC Volatility Response Shares (VSPY) and Direxion S&P Latin America 40 RC Volatility Response Shares (VLAT), effective June 14.

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<![CDATA[Institutions Smitten With iShares ETFs]]> Institutional investors are increasingly turning to exchange-traded funds for their investment needs, according to a new Greenwich Associates study.

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<![CDATA[SSgA Snags BlackRock Sales Exec]]> State Street Global Advisors has appointed Michael Spellman as regional sales director, global cash, reporting to Barry F.X. Smith, senior managing director and global head of SSgA’s cash business.

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<![CDATA[iShares, Vanguard Top Social Media Survey]]> A new social media research report from kasina places iShares, Vanguard, Putnam, Russell Investments, and OppenheimerFunds as the Top 5 social media leaders in asset management.

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<![CDATA[Hatteras Adds to Investment Team]]> Hatteras Funds has added Thomas Riegert as an associate, portfolio management.

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<![CDATA[Re-Assessing the Mutual Fund Board Approach]]> Efficient and effective mutual fund Board meetings are vital to the success of a mutual fund family, no matter their size and/or complexity.

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<![CDATA[Nuveen Reopens Two 4-Star Funds]]> Nuveen Investments has reopened its Tradewinds Global All-Cap Fund and Tradewinds Value Opportunities fund to new investors.

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<![CDATA[ISE, AlphaClone to Offer Hedge Fund Index]]> The International Securities Exchange and AlphaClone LLC, a provider of hedge fund position replication, announced their partnership to promote AlphaClone's innovative hedge fund position replication index, the AlphaClone Hedge Fund Long/Short Index.

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<![CDATA[UniCredit Names Pioneer Chief]]> UniCredit, the parent company of Pioneer Investments, has appointed Sandro Pierri as the new Head of Asset Management.

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<![CDATA[Alts Make Big Impression on Managers]]> Seventy percent of retail asset managers consider alternative products to be as important as or more important than other initiatives, according to a new survey by Cerulli Associates.

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<![CDATA[Mansueto Taps Former Analyst to Head Data Unit]]> Morningstar, Inc. has promoted Kunal Kapoor to president of Morningstar's Data division, effective June 4. Kapoor will replace Liz Kirscher who is leaving the firm in June.

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