Portfolio

RiverPark Advisors LLC, a New York-based investment advisory company, has launched the RiverPark Long/Short Opportunity Fund, an open-end mutual fund that was converted from an existing hedge fund launched in October 2009.

Municipal bond defaults in early 2012 were up dramatically — or down dramatically — depending on how you look at the data.

By any measure, the first quarter of 2012 was a very good one for investors. Here’s an interactive slide show featuring the 5 best-performing Dow stocks so far this year.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.

The Dow Jones Industrial Average moved up another 52.45 points to finish at 13,264.49 Monday while the Nasdaq and S&P 500 added 28.13 points and 10.57 points, respectively.

RiverPark Advisors LLC, a New York-based investment advisory company, has launched the RiverPark Long/Short Opportunity Fund, an open-end mutual fund that was converted from an existing hedge fund launched in October 2009.

Invesco’s shareholders of the Invesco High Income Municipal Fund and the Invesco U.S. Mid Cap Value Fund today approved a plan to merge those funds into the Invesco Van Kampen High Yield Municipal Fund and Invesco Van Kampen American Value Fund.

Aristotle Capital Management, LLC, a registered investment advisor focused primarily on managing separate accounts for institutions and high net-worth investors, has launched its first mutual fund—employing many of the go-anywhere strategies it employs for these high-net clients.

RidgeWorth Investments is closing its Small Cap Value Equity Fund, subadvised by Ceredex Value Advisors LLC to new investors effective April 20.

Advisors have increased their recommendations of variable annuities since 2008, regardless of whether they were annuity supporters or skeptics.