Portfolio

Two firms are touting the launch of a new high income fund.

BlackRock Inc., the world’s biggest money manager, said fourth-quarter earnings increased 24 percent as its exchange-traded funds drew client deposits and assets rose.

Nasdaq OMX Group said it hired Bradley J. Peterson as its global chief information officer.

After four consecutive weeks of negative flows, mutual funds finally enjoyed a week of stellar sales.

DoubleLine Capital has unveiled its latest equity funds just a few weeks after hiring away two portfolio managers from TCW Group.

A Securities and Exchange Commission member said Wednesday that many improvements to the municipal securities market can be made by the SEC without seeking regulatory authority over municipal issuers from Congress.

Thomas Lee, the creator of the GIVE Strategy, explains how you can use the new tax deal to grow your practice.

Fidelity Investments has closed off one of its funds to new investors.

Change is the name of the game in 2013. A new report from Aite Group looks at the major trends that could dominate the wealth management industry this year.

EIG Global Energy Partners has reached a deal with the TCW Group whereby EIG will publicly support the buyout of TCW by the Carlye Group.