Portfolio

Many banks were aggressive buyers of municipal bonds in 2011, seeing value in high relative tax-exempt yields and stepping in to make direct purchases of debt.

Peter Graham is the head of Product Development and Marketing at New York-based Mirae Asset Global Investments (USA), an arm of an Asian financial services firm that tries to provide investors in the United States with access to investments in emerging markets.

OTC Markets Group said its net income increased 69 percent in 2011, on a revenue jump of 18 percent.

The Dow Jones Industrial Average stormed up 160.90 points to 13,241.63 Monday after Fed Chairman Ben Bernanke indicated the central bank might continue easing its monetary policy to support the economy if the nation’s high unemployment rate remains unchanged.

J.P. Morgan Worldwide Securities Services today said that it has been appointed by Yorkville ETF Advisors, LLC to provide custody and exchange traded fund transfer agency services to its newly launched Yorkville High Income master limited partnerships ETF.

Portland, Ore.-based Invest n Retire, LLC, a record keeper for tax-deferred retirement plans, has appointed Agustin J. (Gus) Fleites as chief executive officer.

The independent broker-dealer network National Planning Holdings, Inc. has named Frank Hayn vice president of retirement plans.

Horizon Investments has launched a no-load actively-managed mutual fund that invests in exchange-traded funds.

Here’s an interactive slide show detailing five important facts every financial advisor needs to know about actively managed ETFs.

Here’s an interactive slide show highlighting five facts advisors and investors need to know about actively managed ETFs.