Portfolio

Aberdeen Asset Management Inc. has launched the Aberdeen U.S. High Yield Bond Fund, which will bet on below investment grade bonds.

The Dow Jones Industrial Average lopped off 78.48 points to finish at 13,046.14 Thursday as investors reacted to some disconcerting economic data at home and abroad.

Sentinel Investments has announced management changes at four of its mutual funds.

Here is the three-part playbook to consult, as you get serious and more serious about communicating through social media.

Fund administrator Gemini Fund Services has launched its third shared mutual fund trust, the Northern Lights Fund Trust III (NLFT III).

Don’t be surprised to see a Vanguard coffee truck at a corner near you.

The uncertainty is ‘unbelievably disruptive’ for advisors at a time when clients are beginning to have more confidence in the markets and investing. Likely candidates to buy could include Cetera and Lincoln Financial, observers say.

Realizing that advisors needed help in the current low-yield environment, Schwab decided to offer an automatic bond ladder investment composed entirely of PIMCO municipal bonds.

Greg Francfort, who most recently served as director of Neuberger Berman’s global equity research team, will be joining the firm’s MLG Group, which manages approximately $7 billion in assets for individuals, institutions and mutual funds.

When Moody’s Investors Service put the short-term credit rating of Bank of America under review for a downgrade back in February, that stirred up the water for tax-exempt money market funds.