Portfolio

ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'

On May 9, 2012, Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.

ETFs are wildly popular these days but far too many advisors are making one or more of these 10 common, portfolio-sapping mistakes. Are you?

On May 9, 2012, Neuberger Berman has launched the Neuberger Berman Long Short Fund (NLSAX, NLSCX, NLSIX), designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.

On May 9, 2012, Market Vectors ETF Trust has launched the Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM), designed to focus solely on the U.S. dollar-denominated non-sovereign segment of the EM high-yield bond market.

On May 9, 2012, Money Management Executive launched the 10th Annual NOVA Fund Operations Awards program, recognizing leadership and innovation in asset management firms.

Exchange-traded funds remain the young darlings of the alternative investing universe and one company is enjoying a booming business introducing this format to asset managers.

The Hartford is expanding its defined contribution platform with a trio of new managers and a slew of funds for retirement plan sponsors and participants.

The exchange-traded product market saw net new assets of $600 million in April, according to BlackRock.

The Dow Jones Industrial Average fell 76.44 points to close at 12,932.09 Tuesday while the tech-laden Nasdaq shed 11.49 points to end at 2,946.27.