Portfolio

Exchange-traded funds hit a speed bump last month after coasting through much of the year in the black.

Compass EMP Funds announced today that it has increased its fund lineup more than fivefold with the launch of 13 new mutual funds.

Portland, Ore.-based alternative mutual fund shop Bandon Capital Management has added Terry Swenson as Managing Principal, responsible for the firm’s distribution strategy in intermediary channels.

After a decade filled with significant market declines and an increasing amount of volatility, it is safe to assume that many investors would like to find the best performing investment managers with the least amount of volatility. Today, if investing were compared to a roller coaster, it would be the scariest roller coaster that Great Adventure has to offer. However, many investors would be more comfortable with an investment experience more akin to the teacups at the county fair.

More than seven in 10 advisors believe a deal will be reached that includes both higher marginal tax rates for wealthy Americans as well as curbs on deductions.

The Nationwide Funds Group is taking two tacks to drive growth of assets: eliminate redemption fees and buying funds, including some from UBS.

Lipper has revised its weekly municipal bond fund flows lower for the week ending Nov. 21 after an error with Goldman Sachs led the company to report higher flows.

Investor confidence remained weak in November, with an unchanged Global Investor Index reading of 81.2, according to the State Street Investor Confidence Index released Tuesday.

The Nationwide Funds Group is taking two tacks to drive growth of assets.

Snowden Capital Advisors has added two advisor teams, the DiCiaccio Group and the LaMothe-Gonzalez Group.