Portfolio

You just got a payment for $2,121,371.48 from a major mutual fund manufacturer. The size is nice. But how do you know if it's correct?

The Dow Jones Industrial Average fell 102.79 points to close at 12,927.17 Monday while the Nasdaq and S&P 500 shed 30 points and 11.59 points, respectively.

When it comes to investing in China, many investors have overlooked a crucial opportunity when they should be allocating at least 9% of their portfolios to that emerging country, Princeton University economics professor Burton G. Malkiel told attendees at IMCA’s annual conference on Monday.

Fund investors paid an average of 79 basis points for equity mutual funds and 62 basis points for bond funds, down 4 points and 2 points, respectively, from 2010, according to a new report from the Investment Company Institute.

On April 23, SEI hired a new asset management distribution chief.

On April 23, Legg Mason is reportedly bowing out as sponsor of a pro tennis tournament.

On April 23, TD Ameritrade ramped up its sales team with a new hire.

On April 23, Forward bolstered it insitutional coverage with a new hire.

Investors can’t seem to get enough of exchange-traded funds and notes, a fact that has regulators on high alert and ETP providers racing to come up with ever-more creative offerings to differentiate themselves from the competition. But who is looking out for investors?

On Pril 23, Gus Fleites confirmed his departure from Invest n Retire.