Portfolio

During the transition, Ibis plans to retain its 83 client relationships representing $300 million in assets under management.

San Diego-based Planner William Blanton and his team at Vintage Wealth Capital Management brought their $170 million book of business to Washington Wealth Management this week, in the latest addition to the rapidly growing Middleburg, Va.-based RIA.

More than half of those surveyed have investable assets of less than $25,000.

M&T Bank and Wilmington Trust have reorganized the MTB Group of Funds and Wilmington Funds into one fund family one year after their merger and two months after M&T bank revealed plans to merge its brand its funds with the Wilmington moniker.

Wall Street Horizon said it will send dates and date changes “within 1,000 milliseconds” of announcement. Deutsche Boerse units extend pooling market to short-term funding. New York Portfolio Clearing launched a Portfolio Risk Interactive Margin Estimator. Credit Suisse releases a “calendar roll” algorithm for fixed-income trading. LCH.Clearnet gets a “nonobjection” to its foreign exchange clearing plan.

Pension fund managers should consider managing for a total outcome rather than focusing on the returns of individual strategies or asset classes to respond to the volatility and risk now plaguing their plans, according to a paper recently released by State Street Global Advisors.

Paul Schott Stevens, president and CEO of the Investment Company Institute, said the SEC has “pre-judged” the results of the 2010 round of reforms to money market mutual funds. And that a second round will undermine funds altogether.

BlackRock is looking to do some good while doing well at the same time with its latest values-based exchange-traded fund focusing on human rights.

Van Eck Global has filed for permission from the SEC to create exchange-traded fund share classes of at least one of its five mutual funds.

Although defined contribution fund managers pay lip service to global investment opportunities, many DC plans actually have a “home bias” in their investments and are severely underweighted in their overseas exposure, according to a paper released by OppenheimerFunds, Inc.