Portfolio

Paul Schott Stevens, president and CEO of the Investment Company Institute, said Monday that the Securities and Exchange Commission has “pre-judged” the results of the 2010 round of reforms to money market mutual funds.

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.

Van Eck Global has filed for permission from the U.S. Securities and Exchange Commission to create exchange-traded fund share classes of at least one of its five mutual funds.

Annuity sales top $231 billion in 2011, driven by robust sales of variable annuities.

Legacy expert attorneys Andy and Danielle Mayoras say the pop star's been very busy lately but it remains unclear what – if any – decisions she’s making herself and illustrates the importance of informed legal and estate planning regardless of your station in life.

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.

ETFs have seen rapid adoption by investors and advisors in recent years, but while the products themselves are known for their liquidity and transparency, what’s less understood is the tax bite some may deliver at the end of each year. With this in mind, Financial Planning spoke with Adam Patti, CEO of IndexIQ, to talk taxes and ETFs.

The San Francisco company has not made it easy for fund families to work through its online platform, featuring five incompatible sites. That's about to change, with an Investment Manager Gateway.

Legg Mason, Inc. today reported preliminary assets under management of $638 billion as of February 29, 2012, an increase of up 1% and some $7 billion over January’s AUM. The firm managed $677 billion last March.

Charles Schwab Investment Management, Inc. has filed paperwork with the SEC to launch active exchange-traded funds, which are getting a lot of buzz courtesy of PIMCO’s latest offering and iShares’ proposed fund.