Portfolio

PIMCO’s All Asset All Authority institutional fund received a Gold rating this week from Morningstar Analyst Ratings—the only fund to do so this week.

The Dow Jones Industrial Average rallied up 70.61 points to 12,907.94 Thursday on reports that Greece has all-but-resolved some of its lingering issues with private creditors to ensure the country avoids a disorderly default.

Exchange-traded fund sponsor WisdomTree has launched a corporate bond ETF covering emerging market issuers across Asia, Latin America, Eastern Europe, Africa and the Middle East.

Market volatility severely curtailed revenue growth among asset managers in 2011, while independent managers continued to outperform management subsidiaries, according to a study released by consulting firm Casey, Quirk & Associates LLC.

In the search for yield, mid-cap stocks are often overlooked as an option. But the companies often have more room to grow than large caps, and many are “appealing takeover candidates” to boot, says Esther Kwon, equity analyst with S&P Capital IQ.

imensional Fund Advisors has appointed Steve Clark, formerly head of portfolio management, as head of the North American Institutional group. He replaces Dave Schneider, who is retiring.

An analysis by Spectrem Group found that 41% of wealthy investors surveyed said they relied primarily on their own research and analysis, while another 40% said they relied primarily on a trusted financial advisor.

Associated Banc-Corp announced yesterday that it hired Tim Henke as an associate financial consultant at its wholly owned broker-dealer Associated Investment Services.

It's official: BlackRock, Inc. today says it has completed its acquisition of the Toronto-based Claymore Investments, Inc.

The new hire, Joseph Zidle, guided investing strategy for almost $2 trillion in individual investor assets in his prior role.