Portfolio

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.

ProShares has launched the ProShares UltraPro Short 20+ Year Treasury. The ETF lists on NYSE Arca today.

New York-based Clear Alternatives is ready to make a name for itself in the asset management space.

Officials at State Street Corporation today have a few billion reasons to smile.

San Francisco, Calif.-based Forward Management, advisor to Forward Funds, today said that it will close the Forward Select Income Fund to most new investors beginning March 30.