Portfolio

Alternative mutual funds, specifically managed futures funds, are becoming a hot commodity for advisors looking to add diversification and dampen volatility in their portfolios.

San Francisco-based Forward Management is looking to boost it sales and marketing efforts in anticipation of increasing advisor interest for alternative mutual funds.

American Funds American Mutual Fund was one of two mutual funds given a gold rating this week by Morningstar, Inc.

Henderson Global Investors today revealed that that, effective April 2, Iain Clark is stepping down from the daily management and operations of the International Opportunities Fund.

Here's an interactive slide show detailing some favorite (mainly fixed-income) techniques seven planners are using to boost returns in client portfolios:

Nuveen Investments has promoted two portfolio managers, Emily Alejos and Andrew Thelen, to the position of co-chief investment officer of its Tradewinds Global Investors unit.

Financial institutions can increase their program revenue by 76% by emulating best practices of top competitors: PrimeVest

State Street Global Advisors on Thursday began trading the SPDR Barclays Capital Short Term High Yield Bond ETF on the NYSE Arca. The new SPDR ETF offers investors access to high yield corporate bonds with short durations. Its annual expense ratio is 40 basis points.

California-based investment advisor James Michael Murray allegedly defrauded investors using a bogus report from a fictitious auditing firm to embellish the performance of a hedge fund, according to the SEC.

Milwaukee, Wis.-based UMB Fund Services, Inc. today revealed a new milestone for its Investment Managers Series Trust, which has surpassed the $2 billion mark in net assets.