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.
Top Portfolio Products: Fidelity Launches Two New Bond Funds
New products introduced over the last week include two new bond funds from Fidelity and an alternative income fund from Palmer Square.
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.