Portfolio

KKR & Co. LP, the private-equity firm run by Henry Kravis and George Roberts, plans to open two debt funds for individual investors, according to government filings.

Target-date fund providers are taking two steps forward and three steps back, according to a new report by BrightScope, dubbed Popping The Hood V, 2012.

Paul Schott Stevens has spet the past two years championing an industry-wide call for the SEC to not fix what isn't broken in a key segment of the industry: the $2.6 trillion money market mutual fund business.

Phillip D. Murphy, a former manager of municipal derivatives products at Banc of America Securities LLC, now Bank of America Merrill Lynch, was indicted by a federal grand jury on three counts of conspiracy and wire fraud in connection with a fraudulent scheme to rig bids for municipal-bond related investment agreements.

On July 23, 2012, Paul Schott Stevens has been president and chief executive of the Investment Company Institute since 2004.

The Dow Jones Industrial Average plunged 120.79 points Friday to close at 12,822.57 while the Nasdaq and S&P 500 lost 40.60 points and 13.85 points, respectively.

EMPIRE FIDELITY INVESTMENTS LIFE INSURANCE COMPANY is closing the the PIMCO Commodity Real Return Strategy to new investors, effective today, according to a Securities and Exchange filing.

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

TCW Funds, Inc. is liquidating the TCW Emerging Markets Equities Fund on August 31, according to a Securities and Exchange filing.

Three days in August 2007 will live forever in algorithmic investing infamy. Numerous quantitatively driven stock funds leapt en masse off a cliff-just like lemmings.