Portfolio

The Dow Jones Industrial Average shed another 73.11 points to close at 12,369.38 and Facebook’s much-hyped initial public offering failed to prop up the downtrodden tech sector as the Nasdaq dropped 34.90 points to finish at 2,778.79.

Charles Schwab's Retirement Plan Services unit in January made waves by going passive.

On May 18, 201, Invesco’s Small Companies Fund will change its name to...

Andrew Engel, a portfolio manager at Minneapolis-based Leuthold Weeden Capital Management, passed away on May 9, according to the firm.

Over the past year, nearly 70 mutual funds have snapped up pre-IPO shares of Facebook on private markets ahead of its IPO today, CNNMoney reports.

On May 18, 2012, Investors snubbed U.S. stock mutual funds yet again, according to the latest statistics from the Investment Company Institute.

Indexed annuities were one bright spot in the market, hitting $8.1 billion in sales, up 14% from the year-ago period.

Cantor Fitzgerald has hired five investment professionals to expand its presence in emerging markets in Latin American, with a particular emphasis on Brazil.

The Women Advisors Forum in New York on April 26 marked the second conference of a six event series touring the country this year. Check out these photos for highlights from networking opportunities key sessions on career advancement, recruitment, investing, social media and more. And stay tuned for more on upcoming events in Dallas, Chicago, Boston and Southern California.

On May 18, 2012, The Hartford unveils its latest chief investment officer.