Portfolio

Treasury Secretary Tim Geithner asked the Financial Stability Oversight Council to take up structural reforms to the $2.6 trillion money market mutual fund industry, citing the Securities and Exchange Commission's failure to act.

TIAA-CREF has added a new socially responsible fund dubbed the Social Choice Bond Fund (TSBIX, TSBBX, TSBRX, TSBPX), an actively managed, core fixed-income mutual fund.

Treasury Secretary Timothy F. Geithner put pressure on the U.S. Securities and Exchange Commission to tighten oversight of the $2.6 trillion money- market fund industry, saying the funds may pose a risk to the stability of the financial system.

The Financial Planning Association announced the winners of its top awards, which will be presented at its annual conference in Texas. The FPA honored David M. King, with its 2012 P. Kemp Fain, Jr. Award; retirement researcher Wade D. Pfau with the inaugural Montgomery-Warschauer Award; and 10 influencers in the profession with Heart of Financial Planning Awards. Check out more information on each of the honorees.

The Fidelity Spartan 500 Index fund's “seasoned team” and “competitive price” has made it a “top option” in the eyes of Morningstar.

SEC member Daniel Gallagher, who helped derail efforts to tighten rules for money market mutual funds, said he would likely support a measure forcing the industry to abandon its marquee $1 share price.

OppenheimerFunds, which introduced its first Class I mutual fund shares in December 2011, has expanded its I Shares product lineup.

Many advisory firms turn to marketing to expand their practice, but few firms are able to develop an effective strategy. Here are five ways to leverage marketing for optimal growth, according to the 2012 FA Insights Study of Advisory Firms: Growth by Design.

Three months after hiring Mark Howard-Johnson as the Global Head of Real Estate Securities Management, BlackRock today unveiled the first of many real estate funds to be managed by Howard-Johnson’s new unit.

Altegris has expanded its sales team of with the addition of Valentina Glaviano as Director of Distribution Strategy, a newly created position.