New Hire Roundup: Westport Resources Promotes DeLaura
This week in new hires, Westport Resources promoted Christopher DeLaura and added Ashley Schexnaildre, and Susan Axelrod was promoted and Jonathan Sokobin was added by FINRA.
FINRA Warning on BDCs Doesn’t Stop Market Vectors’ ETF Debut
Despite FINRA's January warnings on high-risk business development companies, Market Vectors has launched the first-ever ETF to offer pure-play BDC exposure.
Former TD Waterhouse Exec Petrilli Named E*Trade CEO
The chairman of the discount brokerage firm assumes the interim CEO role following the departure of Steven Freiberg.
ETF Providers Slash Fees
In the cutthroat world of ETF investing, the firm with the lowest expenses often gathers the most assets.
Diving for Dividends
The aftermath of the credit crisis has dramatically changed the behavior of corporations.
New Hire Roundup: Prudential’s King Named SVIA Chair; Cambridge Promotions
This week in new hires, James King of Prudential Retirements Stable Value Markets Group was elected as SVIA chairman of the board, and Cambridge announced several internal promotions.
Top Portfolio Products: Invesco Sponsors App; Van Eck Launches Index Firm
In addition, Forward Management introduces new share class for fund; SEI implements new fund tax structure.
Emerging Markets’ Growing Middle Class a Boon for U.S. Investors: Outlook 2012
During the 2012 outlook season, investment strategists and other market watchers have repeatedly taken note of the growing middle classes in China, Southeast Asia, India and Brazil.
Top Portfolio Products: Van Eck Adds Another China ETF
New products introduced over the last week include a renminbi bond ETF from Van Eck and three new funds from Gemini. In addition, First Eagle’s U.S. Value Fund marked its 10th anniversary.
Top Portfolio Products: Templeton Launches Global Fund; Neuberger Adds Two Funds
Van Eck gold ETFs’ AUM top $13 billion; Adams Express sets distribution target; OIC says August options hit record; two Rydex funds close to new investors.