Portfolio

The municipal bond market continues to strengthen as positive supply and demand factors this week push tax-exempts higher.

United Technologies Companylast month took the plunge into providing its employees a steady stream of retirement income.

The Dow Jones Industrial Average moved up 58.73 points Wednesday to close at 12,676.05 while the Nasdaq and S&P 500 lost 8.75 points and 0.42 points, respectively.

It was only $99 million, in the week ended July 18, 2012.

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On July 25, 2012, Columbus, OH-based Huntington Asset Advisors, Inc. has launched a second actively managed exchange-traded fund, US Equity Rotation Strategy ETF, via its new ETF family, Huntington Strategy Shares. The Huntington EcoLogical Strategy ETF (NYSE Arca: HECO) made its debut last month.

On July 25, 2012, Old Mutual Asset Management, the U.S.-based global asset management business of Old Mutual plc, has named John Harrington as Director of U.S. Consultant Relations, responsible for business development in the consultant channel.

Huntington’s second venture into the ETF market will be actively managed and use a sector-rotation strategy.

On July 25, 2012, Vanguard has filed a registration statement with the U.S. Securities and Exchange Commission to launch the Vanguard Short-Term Inflation-Protected Securities Index Fund in Q4.

Trading is down 18.9% from the first half of last year, according to statistics reported by members of the World Federation of Exchanges. Trading in the Americas is down 14.3%.