Portfolio

Registered investment advisor assets continue to ascend rapidly, according to Cerulli Associates.

Nasdaq OMX Group said it expects the re-launch of its PSX exchange as an exchange-traded fund marketplace to take place in May.

BNY-Mellon won a top ETF industry honor, for the seventh consecutive time. The firm took home the award for 2012 “Best Service Provider – The Americas” at the ninth annual Global ETF Awards.

iShares will close and liquidate the iShares Diversified Alternatives Trust, according to a letter to shareholders.

Securities and Exchange Commission chairman Mary Jo White is pushing to adopt a rule allowing hedge funds to advertise in a move consumer advocates say could fail to protect unsophisticated investors, according to two people familiar with the matter.

The investment opportunity in the United States is really "a tale of two countries," banking analyst Meredith Whitney said at the IMCA annual conference in Seattle.

The Securities and Exchange Commission's new leader, Mary Jo White, will bring her years of experience as a federal litigator before the fund industry this week as its members try to judge whether she will propose reforms that could cripple the marketplace.

In our May issue, Bank Investment Consultant will unveil its Top 20 Program Managers. Here is the second half of the listing (#11 through #20).

The boutique purveyors of the mutual fund world have different branding and distribution challenges than their larger asset management counterparts.

Assets of all exchange-traded funds rose in March by $37.54 billion, or 2.7%, to $1.446 trillion, according to the Investment Company Institute.