Portfolio

Arrow Funds has hired an ex-Direxion exec as its new national sales director. John Cadigan joins the firm in the title role.

Total money market mutual fund assets increased by $19.53 billion to $2.601 trillion for the week ended Wednesday, May 22, according to the Investment Company Institute.

Investors continue to pour dollars into 40 Act products, looking for returns outside of U.S. borders and income from taxable fixed income funds.

The Board of Trustees of the Tatro Tactical Appreciation Fund (TCTNX), a series of the Northern Lights Fund Trust, has decided to shut down the fund “in the best interests of its shareholders,” according to a filing.

Flows into municipal bond mutual funds scraped and clawed into positive territory the week of May 22, at $63 million.

Here’s a sampling of bank reps who were recently promoted or moved to new organizations to assume roles of greater responsibility.

As investors seek greater global exposure, advisors must be aware of the impact of currency fluctuations on the underlying investment as well as the overall health of the client’s portfolio.

Realizing a retirement dream requires confronting some difficult realities.

It may make sense for the wealthiest investors to have offshore accounts, but for almost everyone else, direct overseas investments are a terrible option.

Advisors must exercise caution and dilligence when it comes to overseas accounting standards.