Portfolio

Eileen Rominger, director of the SEC's division of investment management, testified last month before the U.S. Senate that the commission is reviewing whether the widespread use of exchange-traded funds is contributing to market volatility.

The Dow Jones Industrial Average fell Friday, finishing the week down 247.87 points to 11983.24 and ending a five-week winning streak. Stocks slipped 61.23 points on Friday.

Altegris Futures Evolution Strategy Fund brings together two managed futures managers, Winton Capital Management and ISAM, with fixed income manager Jeffrey Gundlach.

Denver-based 361 Capital CEO Tom Florence said at the Schwab Impact conference in San Francisco that his firm has licensed 11 videos than run seven to 10 minutes each. The videos, which debuted this week, will be available exclusively on 361 Capital's website.

Retirement plan administrators and advisers take note: It’s not a company’s size but rather the demographic makeup of its workforce that influences whether it sponsors a retirement plan.

SAN FRANCISCO -- BlackRock Managing Director and CIO of fixed income portfolios Rick Rieder painted a bleak overall economic picture before an overflow audience at the Schwab Impact conference here Thursday. With Fed policy holding interest rates low, it’s unlikely investors in fixed income will see yields rise far above current levels anytime soon.

Russell Investments has launched three international equity “factor” exchange-traded funds designed to provide investors with focused exposure to fundamental risk factors -- namely low beta, low volatility and high momentum. The funds complement Russell’s existing 10 domestic factor ETFs.

Putnam Investments has launched the Putnam Short Duration Income Fund, a fixed-income fund that aims to combine the capital preservation appeal of a money market fund with the higher yield of an ultra-short bond fund.

Pacific Investment Management has renewed its contract with State Street to manage its investment operations, on an outsourced basis.

The Dow Jones Industrial Average rose Thursday, finishing up 1.76% to 12044.47. Stocks received a boost after the Greek prime minister discarded plans to hold a referendum on a bailout for the country.