Portfolio

There has been a lot of chatter surrounding the JOBS (Jumpstart Our Business Startups) Act and its inevitable impact on the job market. But what impact, if any, will it have on the hedge fund industry?

Total managed solutions assets ended the second quarter at $2.5 trillion, a decline of $600 million or less than 0.1% from the first quarter, according to data from The Money Management Institute.

When it comes to choosing an advisor, mass affluent investors are very selective. According to a survey by the Spectrem Group, it all comes down to these five factors.

Fidelity Investments is planning to fold its Fidelity Advisor Stock Selector Mid Cap Fund in the Fidelity Advisor Growth Strategies Fund.

The tax-exempt market ended firmer for the third session on Friday as demand outweighed supply and prices followed Treasuries higher.

Forward’s former president Jeff Cusack has taken a new job with rival alternative mutual fund ship Nuveen Investments.

The Dow Jones Industrial Average rallied up 100.51 points to Friday to close at 13,157.97 while the Nasdaq and S&P 500 moved up 16.39 points and 9.05 points, respectively.

Fidelity Investments is planning to fold its Fidelity Advisor Stock Selector Mid Cap Fund in the Fidelity Advisor Growth Strategies Fund.

After peaking at over $1,900 an ounce in August 2011, gold prices are now down around 12% from that apex. However, investors' demand for gold bullion ETFs has not dulled.

Pyramis Global Advisors, the institutional asset management arm of Fidelity Investments, has expanded its global distribution leadership team with the additions of Maureen Fitzgerald as head of North American Institutional Distribution, a newly created position.