Week 7: 2/15/2010-2/19/2010
  by Jennifer Mann and Pamela Hill
Nuveen files a closed-end fund investing in Build America Bonds...Pioneer proposes a global asset allocation fund investing in both traditional and alternative investments...Premkumar Narasimhan leaves the management teams of several Fidelity funds, including the Fidelity Spartan 500 Index, Fidelity Spartan Total Market Index, Fidelity Spartan International Index, and Fidelity Series 100 Index funds, all sub-advised by Geode...The Federated MDT All Cap Core and Federated MDT Small Cap Core funds will no longer exclude domestic bank instruments from industry concentration limitations...Turner Investment Partners replaces Federated MDTA on the sub-advisory team of the RiverSource Partners Small Cap Value fund...The distributor to the Orbitex-Saratoga funds modifies the commission amounts paid to brokers...As part of a long-standing estate and business succession plan established by James E. Stowers, Jr. (the founder of American Century Investments), Co-Chairman Richard W. Brown has recently succeeded Mr. Stowers as trustee of a trust that holds a greater-than-25% voting interest in American Century Companies...Security Benefit Corporation (the parent company of PADCO Advisors, Inc., PADCO Advisors II, Inc., and Security Investors, LLC) and certain of SBC’s affiliates entered into agreements with an investor group led by Guggenheim Partners, LLC, under which a special purpose vehicle owned by the investors and managed by an affiliate of Guggenheim would receive a 100% ownership stake in SBC (acquiring control of SBC and its affiliates, including the advisor to Security, SBL, and Rydex funds)...   MORE>>


Week 6: 2/08/2010-2/12/2010
  by Jennifer Mann and Pamela Hill
Fidelity registers the Fidelity Corporate Bond fund...John Hancock plans to offer two mid-cap index funds, along with an addition to its Lifestyle Portfolio series (John Hancock Funds II Lifestyle Income fund) and a new series of target-date funds of funds (John Hancock Funds II Retirement Portfolios)...Dreyfus makes multiple portfolio management changes (including the replacement of Laurie Carroll with Nancy Rogers in managing the Dreyfus Bond Market Index fund)...The PIMCO Allianz NACM Global Equity 130/30 fund plans to liquidate this coming March...The AllianceBernstein Retirement Strategy series adds the AllianceBernstein Volatility Management Portfolio as an underlying fund in which the series plans to invest (the newly registered fund expects to commence operations in April)...Transamerica Investment Management is being replaced by Wellington Management Company as sub-advisor to the Transamerica Equity fund (which is being renamed the Transamerica WMC Diversified Growth fund)...The shares of the Old Mutual GlobalShares FTSE Developed Countries ex US fund will be offered on February 10, 2010 (the number of shares constituting a creation unit of the fund and the standard transaction fee for the creation or redemption of a creation unit have been changed) and the shares of the Old Mutual GlobalShares FTSE Emerging Markets fund will be subject to a 5:1 stock split (the standard and maximum transaction fees for the creation or redemption of a creation unit will be reduced)...   MORE>>


Week 5: 2/01/2010-2/05/2010
  by Jennifer Mann and Pamela Hill
The Fidelity Global Commodity Stock fund (in connection with a strategy modification) contractually agreed to waive a portion of the fund's management fee...Van Kampen Retirement Strategy funds have modified their investment strategies by providing a target allocation range among various asset classes, rather than a specific target percentage...Maximilian Kaufmann joins the management team of the Fidelity Strategic Real Return fund...A. Douglas Rao joins Thomas F. Marsico in managing the Columbia Marsico Focused Equities and Columbia Marsico Growth funds...The Dreyfus Inflation Adjusted Securities fund increases its minimum initial investment for regular accounts in Investor shares from $1,000 to $10,000...Prudential files the Prudential Jennison Market Neutral fund...Global X registers four ETFs (Copper Miners, Gold Miners, Platinum Miners, and Silver Miners)...BlackRock readies the iShares MSCI Philippines Investable Market Index ETF...Valley Forge Capital Advisors will no longer serve as the sub-advisor of the MFS Sector Rotational fund...   MORE>>