Alternative investments

Advisors debate the merits of alternative investing for their clients at NAPFA in Las Vegas.

David Tyrie, managing director and head of personal wealth and retirement for Bank of America Merrill Lynch, discusses his 26 years in the securities business.

While the planning profession has evolved considerably, there is still work to be done.

For the head of Ameriprise Financial's Personal Advisors Group, the ultimate compliment is to have a client turn to his planner in time of crisis.

Securities and Exchange Commission chairman Mary Jo White is pushing to adopt a rule allowing hedge funds to advertise in a move consumer advocates say could fail to protect unsophisticated investors, according to two people familiar with the matter.

T. Rowe Price Group has no immediate plans to begin offering active exchange-traded funds, the Baltimore Business Journal reports.

The Goldman Sachs Multi-Manager Alternatives Fund is starting to take shape as it nears its launch.

The Goldman Sachs Multi-Manager Alternatives Fund (GMAMX, GMCMX, GSMMX, GIMMX, GRMMX) is starting to take shape as it nears its launch.

Pimco's 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.

Eaton Vance has proposed a new form of fund that is a hybrid between a mutual fund and an exchange-traded fund, called an exchange-traded managed fund (ETMF).

Kris Jenner, the former top stock picker at T. Rowe Price Group, has raised more than $100 million for a hedge fund to invest in health-care and biotechnology stocks, Bloomberg reports, citing a person with knowledge of his plans.

300 North Capital has added its global macro strategy in the Altegris Macro Strategy Fund.

New York-based ETF Issuer Solutions is the latest firm to file paperwork for actively managed exchange-traded funds.

Rafferty Asset Management, advisor to Direxion Funds and Direxion Shares, has hired a chief operating officer and president.

Bill Gross' PIMCO Total Return Fund (PTTRX), the world's largest mutual fund, attracted $32 million in investor deposits in March, the lowest amount since December 2011.

Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.

Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.

Two more firms are staking their claims to the growing exchange-trade fund space.

Baldwin Brothers, a Massachusetts-based wealth management firm and family office with $1 billion AUM, launches sustainable wealth management platform, Arjuna Capital.

Alternative mutual fund shop Simple Alternatives has added Clark Jones as a portfolio manager expanding the investment team managing the firms’ flagship S1 Fund (SONEX).