Portfolio

LCH.Clearnet Group said its operating profit increased 81 percent in 2011, to 106.9 million euros. Underlying operating profit was 335.0 million in 2010.

The Dow Jones Industrial Average fought its way to a 6.51-point gain Thursday, raising the index to its highest level since May 2008 at 12,890.46.

Thanks to this strong yearly start in stocks, the typical plan’s funded status reached 74.1%, according to BNY Mellon Asset Management.

At the end of last year’s fourth quarter, the average 401(k) balance was up almost 8% from the prior quarter, to $69,100. Fidelity Investments president of workplace investing, James M. MacDonald, called these results “encouraging.”

A recent MFS Investment Management survey reveals that the past few years of economic uncertainty continue to take their toll on younger investors’ confidence in their retirement plans.

Credit Suisse said its Wealth Management clients contributed net new assets of $4.4 billion in the fourth quarter, even as its investment banking business took a steep plunge that led to a loss for the company as a whole.

Trading is tough. Managing the results is tougher. Who wants to be bothered with administration? Here’s what to do if you want to outsource that.

Patrick Goshtigian takes the helm as the firm continues an expansion that began in 2005, via core operations and acquisitions.

In an address to a peer group of high-net-worth investors in New York City, George Soros told the audience that he would have little to say to cheer them about the state of the global economy.

January saw a significant jump in capital flowing into fixed-income exchange-traded products, according to the latest “ETP Landscape” report published by the BlackRock Investment Institute.