The Stork dropped off a single fund today.
iShares [
profile] filed for the
iShares MSCI EFM Africa ex South Africa Index Fund, which will seek results that correspond with the
MSCI EFM Africa ex South Africa Index. The index was designed to measure the performance of equity markets in Africa. The fund will be advised by
BlackRock Fund Advisors and managed by
Rene Casis,
Diane Hsiung,
Jennifer Hsui and
Greg Savage. [
SEC Filing]
The Reaper swooped down with its mighty scythe and closed a few funds.
Northern Institutional Funds [
profile] will merge nine
Northern Institutional Funds into their corresponding
Northern Funds.
Three of the reorganizations will take place in October while the
other six will take place in November. The mergers will reduce redundancies, according to a Northern Trust spokesman, since these Northern Institutional Funds and the corresponding Northern Funds have become nearly identical.
Touchstone Investments [
profile] will be merging the
Touchstone Emerging Markets Equity II Fund into the
Touchstone Emerging Market Equity Fund. As of August 20, 2012, the Touchstone Emerging Markets Equity II Fund has $50.1 million in AUM, according to
data from Morningstar. As of August 20, 2012, the Touchstone Emerging Markets Equity Fund has $458.6 million in AUM, according its
profile on Morningstar.[
SEC Filing]
Other funds are being reorganized.
Invesco [
profile] has added new PMs to several funds.
Scott Roberts has been added on to manage the
Invesco V.I. Diversified Income Fund.
Invesco Core Plus Bond Fund, and the
Invesco Van Kampen Corporate Bond Fund.
Eaton Vance [
profile] added
John H. Croft as PM to the
Eaton Vance Global Dividend Income Fund. He will be managing the fund along with
Aamer Khan and
Judith A. Saryan [
SEC Filing] 
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