Portfolio

On April 12, BlackRock revealed plans to become an exchange operator.

A day after snapping a five-session losing streak, the Dow Jones Industrial Average rallied up another 181.19 points Thursday to close at 12,986.58.

BNY Mellon Wealth Management has named an expert in philanthropy and planned giving sales director of its Charitable Solutions Group.

The move reflects the ongoing erosion of wealth management market share in the wirehouse channel, the firm says, citing numbers from Cerulli Associates.

On April 12, 2012, Janus Capital Group asked its shareholders to vote in favor of a new chief executive officer compensation plan that will cap CEO pay at $10 million, tie it directly to year-over-year change in operating income and comprise it with 40% cash and 60% long-term incentives.

On APril 12, 2012 Two industry groups, the Defined Contribution Institutional Investment Association (“DCIIA”) and the Retirement Income Industry Association (“RIIA”), are launching a joint effort to promote greater awareness and participation in retirement programs.

Advisors looking to diversify client portfolios into international and emerging markets investments should take a close look at Latin America, says Heiner Skaliks, portfolio manager of the Strategic Latin America Fund.

On April 12, 2012, J.P. Morgan announced that it had been appointed by PIMCO (Pacific Investment Management Company LLC), to offer two PIMCO U.S.-registered exchange-traded funds (ETFs) on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

Here is an interactive slide show that details the Strategic Latin America Fund's top five countries by percentage of the portfolio allocated to each:

On April 12, 2012, AllianceBernstein reported that preliminary assets under management dipped 1.2%, to $419 billion, at the end of March compared to the previous month.