Portfolio

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A South Florida man charged with running a $13.6 million scam involving nonexistent shares in companies including Facebook and Groupon was sentenced to 11 years in prison.

Milwaukee-based Direxion Funds is currently prepping the Direxion Long/Short Global Currency Fund to launch within the next few months.

Classes may be coming to an end for millions of students this month but it is just beginning for one BlackRock executive.

T. Rowe Price Group has added former U.S. Senator Olympia Snowe (R-ME) to its board of directors.

As Congress reconsiders various tax breaks it voted into existence (home mortgage deductions, etc.), could 529s come in for increased scrutiny and possible elimination?

Over the past few weeks there has been a lot of discussion about socially responsible investing and socially responsible benchmarks.

Franklin Buys Remaining Stake in Alt Shop

A few weeks ago the Financial Industry Regulatory Authority rang an alarm bell regarding the burgeoning alternative mutual fund asset class in hopes that the average retail investor will do their homework before diving into these funds.

Thirty eight percent of fund firms across the country said that they will increase technology-related costs while a total of 17% of respondents said they expected no change in whether their firm's technology costs would rise or decline for the rest of 2013, according to the 2013 Money Management Executive Technology Survey.