Portfolio

What's next for financial advisors? How will wirehouses, banks and RIAs continue to evolve in the coming year? Tiburon's Chip Roame explains 15 key trends that every advisor must keep an eye on.

OppenheimerFunds has named Mark Hamilton chief investment officer, Asset Allocation, effective April 8.

Virtus Investment Partners reported a 56% organic growth rate in net flows for long-term, open-end mutual funds in Q1 2013.

Janus Capital Group has appointed Enrique Chang chief investment officer of equities and asset allocation.

Ultimus Fund Solutions has added David Carson to its senior management team as Director of Client Strategies to manage the series trust product line

VelocityShares has launched three exchange-traded funds that invest in emerging market depositary receipt. The VelocityShares Emerging Market DR ETF ( EMDR), VelocityShares Emerging Asia DR ETF (ASDR), and VelocityShares Russia Select DR ETF (RUDR) all track BNY Mellon indexes.

Exchange-traded fund flows topped $17.3 billion in March with the fixed income category leading the way to the tune of $5 billion, increasing its year-to-date net flows to $7.1 billion, according to State Street Global Advisor’s latest ETF Snapshot.

State credit spreads have compressed across the curve over the last few years as investors move down in credit quality to pick up extra yield. With lower rated credits compressing and now trading on top of higher rated credits, many market participants think now is the time to exit those trades before spreads start widening.

Exchange-traded fund flows topped $17.3 billion in March with the fixed income category leading the way to the tune of $5 billion, increasing its year-to-date net flows to $7.1 billion, according to State Street Global Advisor’s latest ETF Snapshot.

Nasdaq OMX Group less than a month ago announced plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products.