Portfolio

Mutual funds, especially of the equity variety, enjoyed the affections of investors in February, celebrating net inflows for the month.

Los Angeles-based Aspiriant is launching a new equity fund dubbed the Aspiriant Risk Managed Global Equity Fund, which will bet on a diverse group of common stocks of companies in developed and emerging markets with an emphasis on small capitalization and value companies.

Grandeur Peak Global Advisors is growing.

AdvisorShares is launching a new actively managed exchange traded fund tomorrow.

Nuveen Investments has launched two new dividend-focused funds.

BlackRock Inc., the world’s biggest money manager, is cutting about 300 jobs, extending a reorganization that included the shakeup of its investment units last year.

Sentinel Investments has hired Jason Ronovech, as lead portfolio manager of both the Sentinel Small Company Fund (SAGWX) and Sentinel Mid Cap Fund (SNTNX).

If you’re outsourcing record-keeping around the world, you still have to oversee it, for compliance purposes, experts and asset managers say.

Among the many provisions of the American Taxpayer Relief Act of 2012, Coverdell education savings account tax benefits were made permanent. Thus, ESAs have caught up with 529 plans, which were awarded permanent tax preferences in the Pension Protection Act of 2006. Does this mean ESAs can play a vital in clients’ education planning?

PALM DESERT, Calif.—Developing products to meet intermediary demands is one challenge but a whole new can of worms is opened once that product hits the market.