Before the Stork flew off today, it delivered a fund.
DMS Advisors filed for the
DMS India Bank Index Fund which will invest using the
CNX Bank Index. The index measures the return of stocks issues by banking companies located in India. The fund will be managed by
Peter Kholi. [
SEC Filing]
The Reaper not only closed a fund today, but also liquidated a few.
Sterling Capital Management [
profile] has filed to liquidate the
Sterling Capital National Tax-Free Money Market,
Sterling Capital Prime Money Market Fund, and
Sterling Capital U.S. Treasury Money Market Fund. The funds will be liquidated on December 14, 2012. [
SEC Filing]
Touchstone Investments [
profile] will be closing its
Touchstone Small Cap Core Fund to new investments on September 21, 2012, with a few exceptions. As of August 21, 2012, the fund has $430 million in AUM, according to
data from Morningstar. [
SEC Filing]
Additionally, other funds are being, or will be, reorganized.
Maxim Funds [
profile] will replace
Bartlett Geer with
Darren Jaroch as PM to the
Maxim Putnam Equity Income Portfolio. [
SEC Filing]
Charles Myers, from
Fidelity Investments [
profile], will no longer serve as co-PM to the
Fidelity Advisor Stock Selector Small Cap Fund.
Anmol Mehra and
Eirene Kontopoulos will continue to manage the fund. [
SEC Filing]
Tim Lindvall, from
PineBridge Investments will no longer be managing the
Valic Company's Core Bond Fund and
Strategic Bond Fund. [
SEC Filing]
Richard Holland has retired from
Weitz Funds [
profile]. [
SEC Filing]
Goldman Sachs [
profile] will be renaming the
Goldman Sachs Balanced Fund to the
Goldman Sachs Income Builder Fund.
"Goldman Sachs Income Builder Fund is designed to access income opportunities across a broad set of asset classes." said
Glen Casey, global head of global strategy and development for Goldman Sachs Asset Management.
ING Investments [
profile] replaced
David Iben with
Emily Alejos and
Andrew Thelen as PMs to the
ING Global Value Choice Fund. As of August 21, the fund has $206 million in AUM and a three-star Morningstar
rating.[
SEC Filing] 
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