Portfolio

ING is embarking on a rebranding voyage. Following an initial public offering, the company will rebrand to Voya Financial.

Horizons ETFs Management (USA), a subsidiary of Seoul, Korea-based Mirae Asset Global Investments Co. has appointed Joe Cunningham as Head of Capital Markets for Horizons USA.

The burgeoning influence of financial advisors in the United States was a repeated observation at this year's Tiburon CEO Summit at New York City's Ritz Carlton in Battery Park. Here are 11 themes we heard at the two-day event encompassing 200-plus executives and advisors.

The programs generated a generous $521.6 million in income for the banks in 2012, the most they have ever produced in the five years that such data has been collected.

Investors poured a record $246 billion into mutual funds and exchange-traded funds in the first quarter, according to industry tracker, Strategic Insight.

“As investor confidence grows and perceptions of wealth management firms improves, so do advisor perceptions of their firm, particularly among independent advisors,” the J.D. Power study reported.

A group representing charitable organizations said it is concerned about a proposed cap to the charitable tax deduction included in President Obama's budget plan.

The suitability of leveraged and inverse exchange-traded funds climbed on FINRA’s Enforcement hit list last year.

Direxion has added two new leveraged exchange-traded funds: the Direxion Daily Brazil Bull 3x Shares (BRZU) and Direxion Daily South Korea Bull 3x Shares (KORU), to its portfolio.

A quarterly Northern Trust survey of investment managers reveals optimism about the economy in the first quarter, buoyed by positive expectations for housing, jobs and corporate profits in the face of across-the-board federal budget cuts went into effect on March 1.