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Mutual Funds

India Post gets clearance for payments bank services By BBR Staff Writer
The Indian government has cleared a proposal for the India Post to launch payments bank services by March 2017.
Wealth & Assets Management > Mutual Funds > News
Natixis Global Asset Management launches new sustainable equity mutual fund Natixis Global Asset Management launched the Mirova Global Sustainable Equity Fund (ESGMX), a global equity mutual fund managed by Natixis AM U.S. with reliance on Mirova.
Wealth & Assets Management > Mutual Funds > News Reliance Capital to acquire Indian asset management business from Goldman Sachs By BBR Staff Writer
Reliance Capital Asset Management (RCAM) has agreed to acquire Goldman Sachs's onshore asset management in India for $37.5m.
Wealth & Assets Management > Mutual Funds > News
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Belpre Savings Bank to affiliate with First Mutual Holding and First Federal Lakewood
Belpre Savings Bank in southeastern Ohio is set to become an affiliate bank of First Mutual Holding (FMHC), pending approval of regulatory agencies and Belpre's depositors and borrowers.
Wealth & Assets Management > Mutual Funds > News
Citigroup affiliates to pay $180m to settle hedge fund fraud charges
The Securities and Exchange Commission has announced that two Citigroup affiliates have agreed to pay nearly $180m to settle charges that they defrauded investors in two hedge funds by claiming they were safe, low-risk, and suitable for traditional bond investors
Wealth & Assets Management > Mutual Funds > News
US mutual fund companies transfer dollars into collective investment trusts
By BBR Staff Writer
Mutual fund companies in the US including No. 2 Fidelity Investments have transferred dollars into collective investment trusts (CITs) and cut down fees on their popular funds in a bid to trim expenses.
Wealth & Assets Management > Mutual Funds > News
First Trust secures approval to sell exchange-traded funds in Mexico
First Trust Advisors L.P. (First Trust), a global ETF provider and asset manager, has secured approval from Mexican pension funds investment regulator, La Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR), to sell two of its ETFs for sale to Mexican funded pensions, known as AFORES.
Wealth & Assets Management > Mutual Funds > News
BOCHK Asset Management, Citi partner to launch Renminbi High Yield Bond UCITS Fund
By BBR Staff Writer
Bank of China (Hong Kong) Asset Management and Citigroup Global Markets have jointly launched the BOCHK RMB High Yield Bond Fund1.
Wealth & Assets Management > Mutual Funds > News
BlackRock introduces Multi-Manager Alternative Strategies Fund
By BBR Staff Writer
BlackRock launched the BlackRock Multi-Manager Alternative Strategies Fund (BMMAX) (the “Fund”), designed to offer individual investors the opportunity to access multiple alternative investment strategies in a single open-end mutual fund.
Wealth & Assets Management > Mutual Funds > News
SEC starts alternative mutual funds examination
The US Securities and Exchange Commission (SEC) has reportedly started a broad examination of alternative mutual funds that are offered to small investors.
Wealth & Assets Management > Mutual Funds > News
RBC Global launches new European Dividend Fund in Canada
By BBR Staff Writer
RBC Global Asset Management Inc. today announced the launch of RBC European Dividend Fund, which is now available for purchase by individual investors and advisors in Canada.
Wealth & Assets Management > Mutual Funds > News
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