Portfolio

The world's largest asset management firm will be the first to list securities on a BATS Global Markets electronic venue that now competes for listings on the New York Stock Exchange and Nasdaq Stock Market. BlackRock will list eight single-country ETFs with BATS. Based on MSCI Indexes, the ETFs will cover: Australia, Canada, Finland, Germany, India, Norway and the U.K. The Norway fund will start trading Jan. 24 and the other funds soon after.

With yield and risk investors' two biggest concerns today, Nuveen Investments has launched a microsite focusing exclusively on income (http://www.nuveen.com/income/default.aspx).

Drum roll, please.

The Dow Jones Industrial Average shed 49 points to close at 12,422.06 Friday as investors reacted to news that S&P will downgrade both France and Austria’s credit rating and is mulling the same for other eurozone countries.

Investors worldwide pulled $171 billion out of mutual funds in the third quarter of 2011, according to statistics released late Thursday by the Investment Company Institute.

Investors worldwide pulled $171 billion out of mutual funds in the third quarter of 2011, according to statistics released late Thursday by the Investment Company Institute.

Here’s what Investment Technology Group thinks will happen in the coming year, with modest re-interpretation.

The number of listed exchange-traded funds grew 20.6% in 2011 and the number of listed exchange-traded notes grew 53.8%, according to U.S. figures developed by the Exchange-Traded Fund Association.

The Dow Jones Industrial Average picked up 21.57 points to close at 12,471.02 while the Nasdaq recorded its sixth consecutive winning session, gaining 14 points to finish at 2,724.70.

Fidelity Investments is now offering a free version of its WealthCentral customer relationship and portfolio management platform for the iPad.