Catalyst Launches Enhanced Income Strategy Fund
Catalyst Funds, a company offering alternative investment strategies and products, has launched the Catalyst Enhanced Income Strategy Fund.
The fund primarily invests in agency and non-agency residential mortgage-backed securities (RMBS), as well as other income securities backed by assets such as aircraft, automobiles, credit card receivables and student loans. Wynkoop LLC will subadvise the fund; Leland Abrams and Brandon Jundt will manage the portfolio.
Jerry Szilagyi, Catalyst Funds’ CEO, said that with interest rates on the rise, the fund offers investors an alternative income investment strategy based on market supply and risk-return analysis.
Catalyst Funds, based in Huntington, N.Y., currently offers 23 alternative strategy funds.
TD Ameritrade Partners With iPipeline To Automate New Account Openings
Advisors can now spend less time processing forms and more time managing clients’ assets, thanks to a partnership between TD Ameritrade Institutional and iPipeline Inc.
The two firms have collaborated on a solution to automate account openings. RIAs can execute account openings by simply choosing clients in a CRM and submitting iPipeline’s iGO fillable form via Laser App Anywhere mobile software to open an account with TD Ameritrade Institutional.
iPipeline’s solutions are designed to enable the life insurance and financial services industry to automate and simplify all new business, administration and in-force management tasks to achieve desirable business outcomes. TD Ameritrade Institutional is the first custodian to integrate iPipeline’s iGO account opening solution.
TD Ameritrade is headquartered in Omaha, Neb. iPipeline is headquartered in Exton, Pa.; it provides cloud-based software solutions for the insurance and financial services industry.