Portfolio

Los Angeles, Calif.-based Oaktree Capital Group, LLC has filed paperwork with the Securities and Exchange Commission for an IPO priced at $595 million with Class A units valued between $43 and $46 per share.

Investors under 50 have a general understanding of the tax advantages of IRAs but appear to confuse the specific benefits of traditional and Roth IRAs.

Lazard Asset Management LLC has launched the Lazard Global Fixed Income Portfolio targeting both institutional and individual investors.

Mutual fund families routinely, and on purpose, use the capital in affiliated funds as “insurance pools” to offset or prevent cash shortfalls in other funds within family, according to research released by the Kelley School of Business at Indiana University.

It is the third ProShares ETF providing inverse exposure to long-term Treasurys.

Mergers and acquisitions in the U.S. financial services industry took a dip last year but potential sell-offs in Europe could pave the way for a better M&A market for 2012 and beyond, according to a new PwC report.

1492 Capital Management is jumpstarting its mutual fund business with the addition of Michael Micciche as vice president of sales, responsible for developing the sales strategy across market segments and investors.

Industry veteran John Morris joins Bank of the West’s Wealth Management Group as head of its investment products offering for affluent and high-net-worth clients.

The Dow Jones Industrial Average moved up 19.61 points to 13,145.82 Thursday, ending a two-day slump thanks to a late-afternoon rally.

Mergers and acquisitions in the U.S. financial services industry took a dip last year but potential sell-offs in Europe could pave the way for a better M&A market for 2012 and beyond, according to a new PwC report.