Portfolio

On August 10, 2012, U.S. debt yields put you asleep. But you better be on your toes, with the adventure involved in emerging market bonds.

Global investors are betting on a short-term bounce in equities, boosted by expectations that the European Central Bank will engage in so-called quantitative easing by the year end, a Bank of America Corp. survey showed.

Howard C. Greene, the lead portfolio manager for the John Hancock Bond Fund, has just passed the 10-year milestone at the helm of the $1.4 billion fund.

The Value Line Asset Allocation Fund has been added to the Schwab Mutual Fund OneSource Select List. It's one of seven asset allocation funds among the 23 third-party funds selected for the "additional fund categories" section of the OneSource Select List.

Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.

Bond fund sales grew at a record pace with $350 billion in net inflows during the first half of 2012, according to Strategic Insight, a New York-based research firm. The trend is most dramatic in Europe, where investors are migrating to high-yield, emerging and global debt, according to the firm.

The Dow Jones Industrial Average slid 38.52 points to close at 13,169.43 - ending a six-day winning streak. The S&P 500 also trimmed 1.76 points to finish at 1,404.11 and the Nasdaq inched up 1.66 points.

In the first half of 2012, tons of cash flowed out of non-qualified annuities, according to the Depository Trust & Clearing Corp.

Bond fund sales grew at a record pace during the first half of 2012, according to Strategic Insight. Equity funds recorded net redemptions in aggregate.

Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.