Portfolio

On July 30, 2012, Investment consulting shop Segal Rogerscasey today unveiled a new website, which hosts merged and updated content from the legacy firms (Segal Advisors acquired the business of Rogerscasey earlier this year).

On July 30, 2012, Consulting shop Callan Associates is making its Callan Target Date Index publicly available to defined contribution plan sponsors, target date managers and plan participants via an interactive tool, which evaluates how their target date fund performed against all others in the glidepath universe.

On July 30, 2012, Fort Lauderdale, Fl.-based Hansberger Global Investors, Inc. has pulled the plug on its Emerging Markets Fund, according to a Securities and Exchange Commission filing.

The combined assets of the nation’s mutual funds increased by $208.5 billion, or 1.7%, to $12.171 trillion in June, according to data from the Investment Company Institute.

On July 30, 2012,Chicago-based RiverNorth Capital Management is prepping the launch of another open-end mutual fund, the Dynamic Buy-Write Fund.

In a review of the mutual fund and ETF market, Cerulli gave a few reasons for the value funds reaching these heights, but also cited a few caution signs for advisors to note.

Hedge funds raised commodity bets in the longest bullish streak in three years as speculation that policy makers will increase economic stimulus drove prices toward the biggest monthly rally since October.

On July 30, 2012, The starter's pistol is about to be fired for the swaps industry.

Janus Capital Group Inc. this week reported second quarter net income of $23.4 million, or $0.13 per diluted share, compared with net income of $41.9 million, or $0.23 per diluted share, in the second quarter 2011.

Puerto Rico's debt load, exceeding $60 billion, and pension liabilities are a challenge to the island's fiscal ability and investors should limit their exposure, cautions Alan Schankel of Janney Capital Markets.