Upgrades

Phoenix Investment Partners announced that it will be renamed Virtus Investment Partners, Inc. when it completes its previously announced spin-off from The Phoenix Companies, Inc. The company will rebrand its PhoenixFunds family of mutual funds as Virtus Mutual Funds, subject to the approval of the trustees and directors of the mutual fund board. Each of the company’s affiliated managers and unaffiliated subadvisers will retain its individual brand…

State Street Global Advisors launched 10 new SPDR exchange-traded funds (ETFs) that began trading on the American Stock Exchange. With the launch of these new international sector ETFs, State Street’s family of SPDR ETFs will number 80, including 31 that provide access to global and international markets. The new funds are the SPDR S&P International Consumer Discretionary Sector; the SPDR S&P International Consumer Staples Sector ETF; the SPDR S&P International Financial Sector ETF; the SPDR S&P International Health Care Sector ETF; the SPDR S&P International Industrial Sector; the SPDR S&P International Materials Sector ETF; the SPDR S&P International Technology Sector; the SPDR S&P International Telecommunications Sector; the SPDR S&P International Utilities Sector; and the SPDR S&P International Energy Sector ETF.