Portfolio

Bennett Gross was previously director of wealth management for Pacific Wealth Advisors.

Alternative investment manager Direxion has launched a “buy and hold” fund designed to replicate the Auspice Managed Futures ER Index.

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were either promoted or moved to new organizations to assume roles of greater responsibility from January 25 to February 9 of this year.

The sovereign debt and banking crises are not over. But the stiffest headwind facing Western economies? Trade deficits, says a Citigroup investment research director.

SunGard is expanding the execution services of its newly-consolidated broker-dealer, SunGard Brokerage & Securities Services, with trading technology from Fox River.

The sovereign debt and banking crises are not over. But the stiffest headwind facing Western economies? Trade deficits, says a Citigroup investment research director.

The SEC is about to announce reform of money market funds that is likely to include letting the net asset value float, long anathema to the industry. James P. Palermo, Vice Chairman of BNY Mellon though wants to know: What happens if that part of the mutual fund industry just goes away?

The next black swan in the financial industry is likely to be rising interest rates. And there could be a “good” black swan event: a rally over the next 10 years in stocks, said speakers at NICSA’s 30th Annual Conference and Expo.

If you think social media is all about you (i.e., the points your company wants to get across), think again.

Don’t Copy Your Competitors