Portfolio

Social media sounded like a terrible idea to me at first. Here's how I came around.

The industry in 2014 saw Pimco bleed billions after the abrupt departure of Bill Gross in September, while BlackRock reaped the benefits of that disarray. BlackRock's iShares ETFs captured $102.8 billion in investments in 2014. Also, Vanguard announced it would offer its first ETF focused on the $3.6 trillion U.S. municipal bond market, and a Cerulli study detailed the state of the annuities market.

Acadian Asset Management, the Boston-based quant fund that says it shares its investment secrets with clients, has set up in Japan as the nation starts to embrace smart beta strategies.

Obamacare is about to collide with the U.S. tax-filing season, adding frustration for millions of taxpayers trying to figure out how to comply and how much they will owe the government.

While underfunded public-pensions have been in the spotlight in recent years, another problem that has not received as much notice is the nearly $1 trillion in unfunded health care liabilities.

Analysts attribute the spate of municipal bankruptcies since 2011 to the aftereffects of the 2008 credit crisis and Great Recession, as well as changing attitudes about debt.

For Victoria Collins and Jennifer Cagle, a succession plan was complicated by a pending public offering. One kept a valuable equity stake, the other got the client base.

The deal to buy the accounting firm was directly influenced by the increasing commoditization of investment management.

An advisor managing more than $188 million in client assets joined Raymond James & Associates.

Pimco will fight a lawsuit by a shareholder of its Total Return Fund alleging the company gouges investors with excessive advisory fees to support billion-dollar bonuses for top executives.