Portfolio

Maybe not.

On June 29, 2012, Last week, the Board of Trustees of Trust for Professional Managers approved a reorganization of the Marketfield Fund, an equity and fixed income long/short mutual fund, into the MainStay Marketfield Fund, a newly created series of MainStay Funds Trust.

The Dow Jones Industrial Average wrapped up its best June since 1997, rallying up 277.83 points Friday to close at 12,880.09.

See which executives made the list. (Hint: One just purchased a Hawaiian island.)

On June 29, 2012, BlackRock Asset Management¹s Toronto-based arm has crowned Noel Archard, the global asset management firm¹s current head of U.S. iShares, to succeed Bill Chinery as chief executive officer.

On June 29, 2012, St. Paul, Minn.-based Advantus Capital Management is adding an institutional share class of the Advantus Strategic Dividend Income Fund to its lineup within the next three months.

On June 29, 2012, PIMCO’s founder this week gave his readers a bit more than his usual insights on the state of the market.

Gaining access to the treasure and collectibles market is easier now than ever. Rather than investing in collectibles like art, many are investing in their passions, like automobiles, wine and even furniture. Research by Barclays and Ledbury Research takes a deeper look into these "treasure trends." Also see: 6 Simple (But Important) ETF Trading Tips 10 Gigantic Mistakes That Can Cripple Your Clients’ ETF Portfolios 10 Undervalued, Dividend-Paying Stocks 10 Dividend-Paying Stocks Your Clients Will Want

On June 29, 2012, Education and healthcare retirement plans are using more target date funds and Roth features in their plans, according to the latest 403(b) plan sponsor survey from the Plan Sponsor Council of America.

On June 29, 2012, Charles Schwab yesterday rolled out the first version of the new Schwab Advisor Center app for the iPhone for independent investment advisors who custody assets with Schwab Advisor Services.