Portfolio

Long-term mutual funds took in $3.11 billion for the week ended Wednesday, September 5, according to the Investment Company Institute.

The Securities and Exchange Commission has named Andrew Bowden as Deputy Director of the agency’s Office of Compliance Inspections and Examinations (OCIE).

BlackRock’s (BLK) iShares—the largest exchange-traded fund issuer in the world—will add another arrow to its quiver on Thursday when it launches a new ETF that will track an index of 20 of the world’s riskiest markets.

Investors are bucking the general trend of gloominess pervading the national audience, sending stocks to their highest level in four years last year, and if history is any guide, prices could soar even higher by the end of the year. But what do confident investors know that pessimistic voters don't?

Pacific Investment Management Co., which manages the world's biggest bond fund, predicted the global economy will slow next year.

Neuberger Berman Group has launched the Neuberger Berman Risk Balanced Commodity Strategy Fund (NRBAX, NRBCX, NRBIX), an active, diversified commodity investment strategy that includes exposure across 25-30 commodities across six industry sectors.

Fund administrator Gemini Fund Services has new leadership in place, new headquarters in New York, and is making strides in the alternative mutual fund and exchange-traded fund arenas.

By the end of last year, assets under management in global alternative investments hit $6.5 trillion, having grown seven times faster than traditional asset classes over the previous five years. This is according to a new McKinsey & Company study that predicts this growth represents only the beginning of a new wave of assets moving into alternatives.

Investment data provider MoneyMate has hired Jason Schwarz as senior vice president of North American Sales, responsible for expanding upon the existing client base within North America.

U.S. exchange-traded fund assets totaled $1.2 trillion as of August 31 - up 16.6% year-to-date, according to State Street Global Advisors' ETF Snapshot.