Invesco PowerShares expects to list the frontier countries portfolio exchange-traded fund (ETF), designed to provide investors access to equity markets in the Middle East and North Africa.
Putnam Investments named Gerald Sullivan managing director and senior portfolio manager and Rob Brookby senior vice president and portfolio manager of its U.S. Large Cap Equity group.
Transamerica Financial Advisors, Inc., will be the first major independent broker/dealer to deploy SunGard’s paperless office platform TFA Synergy, available through the Protegent Customer Onboard system.
Emerging world equity markets gained 2.34% in May, while developed world markets returned 1.85%, according to Standard&Poor’s monthly stock market review, the World By Numbers.