Portfolio

Petrone Expands Kasina's Research Effort; Great-West Names Killgore Regional Sales Director; Neuberger Appoints Saltzman Wealth Advisor; Jones Joins CLS in Regional VP of Sales Role

The performance benchmark for stocks in developing countries, the MSCI Emerging Market Index, has grown at almost 21% annually over the past three years.

Hatteras Funds CEO Brian Jacobs predicts there will be an increasing convergence between the mutual fund and hedge fund worlds as more companies seek to offer hedge fund strategies to mass-market investors.

Vanguard has launched a new target retirement fund for Generation Y investors that will lay the foundation broad diversification among the major asset classes and low costs--and start them on the road to successful investing.

Morningstar research finds that 50 mutual funds have stakes in Facebook. Here’s who has them.

Retirement Projected to Hit $22 Trillion by 2016; Fund Uses Student Research; Gets Morningstar Five Stars; Deutsche Boerse: It's a Black Day for Europe

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.

The performance benchmark for stocks in developing countries, the MSCI Emerging Market Index, has grown at almost 21% annually over the past three years.

Morningstar research finds that 50 mutual funds have stakes in either the A class or B class of Facebook. Among the largest holders are T. Rowe Price, Fidelity Investments and Morgan Stanley. Morgan Stanley also is the lead underwriter in the offering, which is expected to raise at least $5 billion and possibly as much as $10 billion.

Bank of America Merrill Lynch said that it saw increased 401(k) savings through its plan sponsors both in the fourth quarter and 2011 year, signaling a positive outlook for the tweaks it has made to its offerings and confidence in the overall economy.