Direxion Hires Portfolio Manager

Jun 30 2006 | 8:56pm ET

Direxion Funds, creator of leveraged index and alternative-class mutual fund products, has hired Loren Norton as a high yield portfolio manager. Norton was most recently at Credit Suisse and has also worked at Morgan Stanley and Fidelity Investments.

Direxion Funds is managed by Rafferty Asset Management, which provides leveraged index and alternative-class mutual fund products for investment advisors and sophisticated investors. The company has approximately $1 billion in assets under management.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of