Portfolio

PIMCO is continuing to build out its active equities platform with the launch of two new funds: the Dividend and Income Builder Fund and the EqS Dividend Fund.

PIMCO is continuing to build out its active equities platform with the launch of two new funds: the Dividend and Income Builder fund and the EqS Dividend fund.

NYSE Euronext said the volume of trading in stocks it handles in the United States fell 10.6% in December.

U.S. stocks moved slightly higher Monday as the Dow Jones Industrial Average rose 32.77 points to finish at 12,392.69 while the Nasdaq and S&P 500 added 2.34 points and 2.89 points, respectively.

Cetera Financial Group has agreed to buy Genworth Financial Investment Services, an independent broker-dealer with almost 2,000 independent advisors specializing in integrating wealth management services with tax and accounting services.

Standard & Poor’s Capital IQ research unit said it has developed a method of forecasting negative and positive earnings surprises of a magnitude of 5% or larger.

Among the 27.2% of IMCA members who are independent, 14.2% are RIAs, 7.7% are dually registered and almost 85% of IMCA advisors and consultant provide fee-only or fee-based advice.

Morningstar is no longer just looking backwards – focusing on three-, five- and 10-year returns. The fund ratings giant is now looking ahead to the future, as well.

FINRA has asked the SEC to allow it to assess its muni members quarterly fees based on the par value of their reported transactions to help fund the Governmental Accounting Standards Board, despite protests from issuers and dealers.

When it comes to bond funds — or any mutual funds — past performance is not the best way to analyze them. Instead, S&P Capital IQ analyst Todd Rosenbluth suggests investors should consider the credit risk of the underlying bonds, as well as a fund’s duration.