pioneer investments

Fidelity unveils Advisor funds

Fidelity Advisor International Real Estate, Fidelity Advisor Canada and Fidelity Advisor Small Cap Independence funds will provide financial advisers and their clients with greater diversification across asset classes and geographical areas, Boston-based Fidelity said in a statement.

Class A, T, B, C and Institutional shares will be offered through advisers at institutions such as brokerage firms, banks and insurance companies.

With the addition of the three funds, Fidelity said it now offers 99 Advisor funds.

Creating a well-diversified portfolio for clients is the primary goal of any successful financial [adviser], Martha B. Willis, executive vice president at Fidelity Investments Institutional Services Co., said in a statement.

By investing in a range of asset classes and geographical areas, [advisers] can add significant value to a clients portfolio by mitigating risk through diversification and focusing on long-term investment objectives.

institutional investor

Joost Adds Millions To Launch Plans

Joost, an Internet television service set to launch later this year, today announced $45 million in financing from two venture capital firms, two major content companies and a charitable trust. Index Ventures, Sequoia Capital, CBS Corp., Viacom and Li Ka Shing Foundation each invested in a minority percentage of the company.

"We've carefully selected these investors from a variety of interested parties, as they are best-in-class in their respective arenas and bring unique assets to Joost that will enable us to significantly accelerate growth and development of the Company," Joost co-founder Janus Friis said in a statement.

Index Ventures is a European venture capital firm which invests in technologies that with global reach. Sequoia Capital, according to Joost, Sequoia has been the first investor and business partner in companies that make up 10 percent of the NASDAQ's value.

brokerjoker

Townsend Analytics Goes Live with Expanded Connection to ISE

CHICAGO, May 2 /PRNewswire/ -- Townsend Analytics (http://www.townsendanalytics.com/), a leading provider of multi-broker, multi-asset, multi-currency, and multi-route electronic trading solutions for the global capital markets, today announced the successful expansion and activation of its direct market access (DMA) connection with the ISE Stock Exchange.

RealTick's institutional buy-side clients and investors around the world now have direct access to the enhanced functionality and trading flexibility offered by the ISE Stock Exchange. ISE's equity trading platform combines a fully displayed stock market with its MidPoint Match(TM) liquidity pool for trading equities anonymously at the midpoint price of the National Best Bid and Offer (NBBO).

Through its order types, the ISE Stock Exchange provides an innovative way to integrate dark and displayed pools of liquidity to maximize execution quality.