Portfolio

Direxion has launched two leveraged exchange-traded funds that track Japanese equity market performance.

More than one in four Baby Boomers and Gen Xers who otherwise would have had adequate retirement income are projected to run out of money if rates remain as they are.

Little Silver, NJ-based WBI Investments has added two mutual funds to its lineup: the WBI Absolute Return Balanced Plus Fund (WBPNX, WBBPX) and the WBI Absolute Return Dividend Income Fund (WBDNX, WBDIX), bringing the fund family to four funds.

Who are the most productive top program managers? Here’s a ranking of our top program managers by production per advisor. How do you stack up?

BMO Financial Group is branching out its institutional asset management business in Melbourne, Australia, operating as BMO Global Asset Management. The new office will focus on institutional sales.

Check out a new look at our top bank program managers list, reshuffled and ranked by percentage increase in team production.

The new offerings bring the total number of Merrill Edge Select Portfolios to 12—the original 10 are primarily focused on total return.

The RiverPark/Wedgewood Fund (RWGFX, RWGIX), a focused large cap, open-end growth reached a milestone this week in hitting the $1 billion in assets under management mark.

Artisan Partners has launched a new active equity fund, Artisan Global Small Cap Fund (ARTWX), which will bet on small-cap stocks without regional contraints.

“It's a pretty big issue for us,” said Daniel Sibears, FINRA executive vice president for member regulation. “There are many dozens of complaints where there's been [a] compromise of customer information, particularly information that is needed to get into online accounts and to execute transactions and move money.”