Portfolio

Prudential Investments has introduced the Prudential Jennison International Opportunities Fund (PWJAX), which bets on international equities.

Financial services firms and money management executives face an emerging issue that represents both an opportunity and a potential threat: How to leverage extremely large data sets, now termed "big data," to proactively manage risk, improve the customer experience and identify market opportunities.

The new Emerging Markets Corporate Bond Fund invests in bonds issued by companies in more than 30 countries in Asia, Latin America, Europe, the Middle East and Africa.

On June 5, 2012, T. Rowe Price added a new fixed income offering, the Emerging Markets Corporate Bond Fund (TRECX), to its suite of emerging markets bond funds.

On June 5, 2012, ING Investment Management US ramped up its defined contribution investment only team with a trio of new hires.

On June 5, 2012, Global X Funds, the New York based provider of exchange traded funds, launched a fund that gives investors exposure to the largest hedge fund managers.

Ultra-high-net-worth investors have decreased their allocation to hedge funds in the past year and instead favor real estate and commodities, according to the Institute for Private Investors annual Family Performance Tracking Survey.

On June 5, 2012, Prudential Investments launched the Prudential Jennison International Opportunities Fund (PWJAX), which bets on international equities.

Are your clients prodding you for hedge funds and other alternative investments to diversify their portfolios and boost paltry returns on equities and bonds? They might want to think again.

Marie Chandoha, president of Charles Schwab Investment Management, told the SEC that a new study on money-market funds was “troubling” because it wrongly concludes that the funds are dangerously susceptible to runs and presumes more regulation is needed.