Portfolio

PIMCO Makes a Push into Equities; Credit Suisse Suspends High Volatility ETN; SEC Widens Probe of ETFs

This week, the age of the actively managed exchange-traded fund officially debuts.

Hungry for healthier returns, more mutual funds are investing in commodities, commodity futures, swaps and options.

On Feb. 14, Vanguard's 64,000 Facebook fans received virtual candy hearts with the messages:

Harris myCFO has hired Leslie Grant as vice president, a role in which she’ll be responsible for capital advisory services and custom banking solutions for clients.

Great Plains Financial Group looks to grow its business by working with broker-dealer and RIA Securities America.

Mark Luschini, chief investment strategist at Janney Montgomery Scott, says a diversified portfolio of dividend-paying stocks can help investors meet today’s expenses as well as those to come in the years ahead.

State Street’s SPDR Morgan Stanley Technology ETF MTK announced that it had received a $108,328 payment from a class action settlement related to Juniper Networks, Inc. The SPDR has slightly more than 2.7 million shares outstanding, meaning that the payment will translate into just over 4 cents of gain per share.

Los Angeles, Calif.-based First Pacific Advisors is inviting its investors to spend a day at the beach with the firm. Specifically, the firm is holding its first Investor Day on Monday, May 21, at the Hotel Casa Del Mar in Santa Monica, Calif.

The Highland Credit Strategies Fund has changed its name to Pyxis Credit Strategies Fund.