Portfolio

Chaisson joins the boutique wealth manager after spending 19 years at Smith Barney, Bank of America and Fidelity Investments.

Perhaps it was only a matter of time before Morningstar decided to put its stamp of approval, and disapproval, on alternative mutual funds.

For the week ended July 25, investors pulled an estimated $2.13 billion from U.S. stock funds, reversing the previous week's $95 million inflow, their first inflow since late May, according to the Investment Company Institute.

On August 1, 2012, Attention asset managers: The Registered Investment Advisor channel, especially the $100 million to $500 million AUM segment, is one place where you can differentiate your offering in a crowded marketplace, according to a new report by Cerulli Associates.

On August 1, 2012, Henderson Global Investors has launched the Henderson Dividend & Income Builder Fund (HDAVX, HDCVX, HDIVX), which primarily bets on dividend-paying equities of US and non-US companies.

Annuity income at banks overall increased; but an apples-to-apples comparison shows a clearer picture and tells a bleaker story.

On August 1, 2012, Multi-manager fund firm Virtus Investment Partners yesterday reported that it had positive net flows for the 13th consecutive quarter, and increased sales in long-term open-end mutual funds year over year.

On August 1, 2012, The Oakmark Equity and Income Fund (OAKBX) reopened to all investors effective today.

In the ongoing consolidation of the independent B-D space, insurer AIG's acquisition of Woodbury Financial Services brings the smaller firm in from the cold where it has become increasingly challenging to survive without a larger parent company.

Strong commodity demand will propel economies and firms throughout Latin America.