Top Portfolio Products: Direxion Launches Income Fund, Closes Gold-Bear ETF
In addition, Palmer Square rolls out a long/short credit fund; Capital adds long/short equity product.
New Hire Roundup: U.S. Bank Names Jeppson CIO of Private Client Group
This week in new hires, Mary Martuscelli joined The Private Client Reserve as west region president, and Moss Adams announced a transition in leadership.
Portfolio Products Roundup: Invesco Launches Battery of Funds; Russell, Axioma Go Long-Only
In the week leading up to Memorial Day, new product launches included Invesco PowerShares’ introduction of nine “Fundamental Pure Style” ETFs, Russell and Axioma’s new suite of “long-only” factor-based indexes and Palmer Square Capital Management’s launch of its first mutual fund. In addition, Global X introduced its new ETF focused...
Palmer Square Hires JPMorgan Trading Head, and Founder's Wife, as CIO
Angie Knighton Long will join her husband, who's the founder, at the Kansas-based capital management firm.