Portfolio

Pimco’s 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.

Pimco’s 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.

The Board of Trustees of Dreyfus Stock Funds is putting the brakes on a planned reorganization of the $114 million Dreyfus Small Cap Equity Fund.

Advisors rule the financial services industry for now -- but keep an eye on direct-channel “self-serve” distribution, Chip Roame said Tuesday at his firm's semiannual CEO Summit.

Baird has opened a second office in Houston with the addition of a branch manager from UBS and seven advisors from Wells Fargo.

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