Portfolio

Investors with at least $25 million in net worth are boosting their exposure to alternative investments. At the same time, these UHNW households are keeping some money in familiar territory: tax-free municipal bonds. The Spectrem Group, a Chicago-based consulting firm, reached those conclusions in recent online and mail surveys.

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

ETF managed portfolios-those that typically have more than 50% of portfolio assets invested in ETFs-are one of the fastest-growing segments of the managed account sector, according to a newly released Morningstar report.

To attract more independent advisors, HighTower has introduced two new options, the HighTower Network and the HighTower Alliance. Elliott Weissbluth, the company's CEO, said by adding these channels, HighTower will be able to attract advisors who prefer to continue to own their own practices rather than joining a partnership.

Are you in a red state or blue state? Or purple? It may affect which investment products you want to offer.

ETF managed portfolios—those that typically have more than 50% of portfolio assets invested in ETFs—are one of the fastest-growing segments of the managed account sector, according to a newly released Morningstar report.

Third Avenue Management has named David Resnick as president and a member of its investment team.

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.