Portfolio

On June 11, 2012, United States ETF assets totaled $1.12 trillion as of May 31 – up 7 percent year-to-date, according to the ETF Snapshot May 2012 released by State Street Global Advisors.

On June 11, 2012, USAA Investments added six target-risk mutual funds to its portfolio.

On June 11, 2012, S&P Capital IQ today unveiled its Global Markets Intelligence group, a new advisory business that provides risk-based non-discretionary equity, fixed income portfolio strategies, asset allocation, and fund review services to asset managers.

On June 11, 2012, Neuberger Berman Group today launched the Neuberger Berman Absolute Return Multi-Manager Fund (NABAX), which bets on a slate of hedge fund managers.

Financial advisors who use a technology that enables them to automate portfolio rebalancing for their clients can shave the process down from 350 hours annually to 100 hours, according to new research released by CEB TowerGroup.

Income annuity sales in the first quarter climbed almost 23% to $2.16 billion from $1.75 billion a year ago. Indexed annuities, meanwhile, increased nearly 9% hitting $8.16 billion.

Global X Funds has filed paperwork with the Securities and Exchange Commission for two more ETFs employing the same investment strategy as its GURU ETF, which debuted this week.

The tax-exempt market struggled throughout the week under the weight of heavy new issuance as yields jumped double digits.

The hunt is on for yield in the municipal market as interest rates continue to hover around historical lows, forcing investors to use varying strategies to boost returns.

The Women Advisors Forum traveled to Dallas for the first time on May 22 for a full day of sessions on what's next for the economy, advising clients through divorce, reaching younger generations, success secrets from multi-million dollar advisors and more. Check out these photos for some of the day's highlights, and stay tuned for more Women Advisors Forum news from our next event in Chicago on June 12.