New products and changes introduced over the last week include two mutual funds from Schroders and an emerging markets fund from OppenheimerFunds.
Also, NASDAQ OMX has launched a REIT benchmark-index family, and former Goldman Sachs trader Adam Grealish has launched a financial/tech job search service.
Here are the latest developments of interest to advisors:
1) Schroders Adds Two Funds
SGMNX is a diversified portfolio that seeks to maximize income and manage volatility by investing directly into both equities and fixed income securities around the globe. Its benchmark is unconstrained, which enables the team to be flexible in its search for the best risk-adjusted income opportunities across regions, asset classes and sectors.
SGBNX is an actively managed portfolio with the flexibility to invest in the best opportunities throughout the fixed income universe. It enables investors to invest tactically and strategically across the whole spectrum of global fixed income sectors, regions, asset classes and FX.
2) OppenheimerFunds Adds Emerging Markets Fund