Portfolio

Following ProShare Advisors LLC roll out last month of the first 30 year breakeven inflation ETFs, the company now offers a 10 year version.

ProShares Trust has expanded Citigroup’s regulatory administration services contract to include the alternative investment manager’s exchange traded funds.

Less than half of Generation X and Y investors plan to contribute to their Individual Retirement Account (IRA) funds for the 2011 tax year, according to new survey results published by T. Rowe Price.

Independent wealth management firm Gresham Partners hopes that Bonaguidi’s experience and contacts within the company will enhance their wealth planning strategies.

A boost in United States and global equity markets led in January to a 1.7% increase in the funded status of the typical U.S. corporate pension plan, according to a newly released report from BNY Mellon Asset Management.

S&P Capital IQ said it acquired R2 Financial Technologies, a Toronto-based developer of risk and scenario analysis software.

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.”