Portfolio

With heavyweights like Pacific Investment Management Company (PIMCO) throwing its hat into the managed futures mutual fund ring, interest from both investors and asset management in this investment vehicle appears to be rising.

Bank of America Corp. will pay $39 million to settle a discrimination lawsuit brought on behalf of women employees at its Merrill Lynch unit, according to court filings.

A $495 million competitive sale of Arkansas general obligation bonds will lead primary market activity this week in the municipal bond market as long-term volume increases after last week’s holiday lull.

Five years ago, we experienced the worst market meltdown in our lifetimes. Here we share lessons learned from bank advisors and tips on how they’ve changed their practice from better managing the debt portion of clients’ portfolios to tuning out the hysteria of the media.

Bloomberg -- Morgan Stanley Chief Executive Officer James Gorman said there’s almost no chance of another financial crisis like the one that endangered his firm five years ago.

Lincoln joins about a dozen companies who either offer or have filed to offer an annuity product that is gaining traction in the market.

Help wanted: Must have proven leadership ability, strong sales skills and big ideas.

As the mutual fund universe becomes more crowded and the strategies offered to investors become more complex, fund managers are under pressure to further differentiate themselves and their brands from the competition.

Senior executives with leadership experience and strong sales skills in high demand as current advisors look to retire.

Morgan Stanley Chief Executive Officer James Gorman said there’s almost no chance of another financial crisis like the one that endangered his firm five years ago.