Today, the Stork was laden with so many funds that it had a hard time flying.
Pruco Life Insurance [
profile] filed for its
AST MFS Large-Cap Value Portfolio and
AST Western Asset Emerging Markets Debt Portfolio. These funds will commence operations on August 20, 2012. The MFS Large-Cap Value Portfolio will invest in large-cap and be advised by
MFS Company. The AST Western Asset Emerging Markets Debt Portfolio will invest in fixed-income securities and be advised by
Western Asset Management. [
SEC Filing]
Transamerica Investment Management [
profile] filed for its
Transamerica Enhanced Muni Fund and
Transamerica Income & Growth Fund. The Transamerica Enhanced Muni Fund will be subadvised by
Belle Haven Investments and managed by
Matthew Dalton. The Transamerica Income & Growth Fund will be subadvised by
Ranger International Management and managed by
William R. Andersen. [
SEC Filing]
Global Funds filed for its a series of
Global X Consumer ETFs.The ETFs seek results that sync with their corresponding
Solactive Indexes. There will be ETFs focused on Latin America, Africa and Asia. The funds will be managed by
Bruno del Ama and
Jose Gonzalez. [
SEC Filing]
Shenkman Capital Management filed for the
Shenkman Short Duration High Income Fund which will invest in fixed-income securities in order to generate current income. The fund will be managed by
Mark Shenkman and
Nicholas Sarchese. [
SEC Filing]
FlexShares filed for its series of
Quality Dividend Funds. Six funds will be released.
Northern Trust Investments serves as the investment adviser to these funds. The funds will be managed by
Chad Rakvin and
Shaum Murphy.[
SEC Filing]
iShares [
profile] filed for its
iShares Latin American Bond Fund. The fund will invest primarily in U.S. dollar-denominated bonds and correspond with the
Barclays Latin America Bond Index, The fund will be advised by
BlackRock Funds Advisors and managed by
James Mauro and
Scott Radell. [
profile]
The Reaper finally closed a couple of funds today.
Today, August 17, 2012, all of the assets of
MFS [
profile]
Growth Portfolio will be transferred to the
MFS Growth Series. Shareholder of the MFS Growth Portfolio had decided on August 9, 2012, to fold the MFS Growth Portfolio into the MFS Growth Series. A
previous "Stork and Reaper" had noted the original filing that the funds would be reorganized. [
SEC Filing]
Also,
Natixis [
profile] liquidated the
Natixis Oakmark Global Fund. [
SEC Filing]
And finally, other funds are being reorganized.
AllianceBernstein [
profile] filed to add
Michael Mon to the management team of the
AllianceBernstein Short-Term Government Bond Portfolio, [
SEC Filing]
Credit Suisse [profile] has replaced
Peter Little, PM to the
Credit Suisse Liquid Alternatives Fund with
Sheel Dhande and
Alexander De Foo. [
profile] 
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