Portfolio

Arrow Investment Advisors, LLC today unveiled its maiden exchange traded fund

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.

Henry Berghoef is stepping down as co-manager of the Oakmark Select Fund (OAKLX) and will retire from Harris Associates L.P., the fund's advisor, effective July 31.

NYSE Euronext said its trading in futures and options worldwide was up 9.0% in April, compared to first quarter levels. European stocks were up 17.8%, but U.S. stocks down 3.6%.

Fifty-one percent of Gen Y investors agree that investment products are overly complex, more than the 40% average for the survey and older age groups.

Denver-based Janus Capital Group Inc. has made two senior-level hires to beef up its client relations team.

Milwaukee, W.I.-based Baird has launched the Baird Small Cap Value Fund, managed by Michelle Stevens.

San Francisco-based Forward Management is once again embarking on an alternative roadshow with a group of alternative mutual funds in hopes of educating advisors on the benefits of alternative investing and, ultimately, winning business.

The Dow Jones Industrial Average shed 29.74 points to finish at 13,008.53 Monday while the Nasdaq and S&P 500 added 1.42 points and 0.48 points, respectively.

On May 7, 2012, On the one year anniversary of its inception, the PowerShares S&P 500 Low Volatility Portfolio (SPLV) has grown to $1.5 billion in assets under management, according to Invesco PowerShares Capital Management LLC.