Portfolio

Mutual funds saw inflows of $7.95 billion for the week ended Wednesday, October 17, according to the Investment Company Institute.

Determining which asset classes and markets are currently attracting the most investor attention can be a daunting task for asset managers. Thanks to the folks at research shop Strategic Insight, they don't have to do it themselves.

Ramius today disclosed that its Ramius Trading Strategies Managed Futures Fund (RTSIX, RTSRX) has been added to the recommended list of mutual fund products on the alternatives platform of Fortigent, a provider of high-net-worth products and consulting services to RIAs, banks and trust companies.

Boston-Determining which asset classes and markets are currently attracting the most investor attention can be a daunting task for asset managers.

For a new RIA to be managing $520 million for some 3,000 investors within six years is noteworthy. When that RIA was founded by an estate planning attorney, there must be a surprising reason.

Value Line Funds has combined the Value Line U.S. Government Money Market Fund (VLCXX) into the Reich & Tang Daily Income Fund – U.S . Government Portfolio, effective October 19.

More than half of the nation’s affluent investors (52%) report that their net worth has grown at least 20% since 2007, and 73% believe they have “a lot of control over their financial future.”

Mutual funds saw inflows of $7.95 billion for the week ended Wednesday, October 17, according to the Investment Company Institute.

T. Rowe Price Group said today that the Baltimore-based investment management company finished up 2012’s third quarter with about $574.4 billion in assets under management, marking a $32.7 billion increase over the period.

Strong companies may offer shelter from the storm for some investors, according to JPMorgan Asset Management.