Charles Gemmer and team in Indianapolis join franchise channel.
More than $14 billion flowed into exchange-traded debt funds in April.
Both sides agreed U.S. government approval of the acquisition would have taken too long.
Jim Ross of State Street says exchange-traded funds that use leverage are too dangerous for retail investors.
Absalon Global High Yield, which beat 97% of its peers last year, is no longer buying triple-C credits.
Wilson Dennis Colberg-Trigo awarded $1.2 million, but owes $854,000.
Average fee for U.S. mutual funds and ETFs declined by about 8% last year, Morningstar data show.
Brokerage firms must start disclosing the fees they charge to buy and sell state and local government debt.
Offerings targeting children range from perfume-making workshops and baking classes to whale-watching excursions and fossil hunts.
Individual investors provided 19% of the money the private equity firm raised in Q1.
