Portfolio

The Dow Jones Credit Suisse Hedge Fund Index fell for a second straight month, finishing down 3.2% in September, but beating the Dow Jones Global Index’s 9.88% decline.

Former Wasatch Portfolio Managers Robert Gardiner and Blake Walker, who formed Grandeur Peak Global Advisors, have launched their first two mutual funds: the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund.

Tax-exempt yields soared as demand for safe-haven assets fell on positive news coming from Europe.

Blue Chips jumped 339.51 points to end at 12208.55, boosted by economic news from Europe and the U.S. All 30 component stocks ended higher.

The Dow Jones Credit Suisse Hedge Fund Index fell for a second straight month, finishing down 3.2% in September, but beating the Dow Jones Global Index’s 9.88% decline.

In light of the continued market volatility, Russell Indexes is expanding its Defensive and Dynamic Indexes to cover all 10,000 stocks that it tracks around the world.

Investors contributed $748 million to Fidelity Charitable, the largest donor-advised fund in the U.S., in the first nine months of 2011, a 23% increase from the first three quarters of 2010. Thus, the fund is on course to receive the largest amount of contributions in its 20-year history, Fidelity said.

Former Wasatch Portfolio Managers Robert Gardiner and Blake Walker, who formed Grandeur Peak Global Advisors, have launched their first two mutual funds: the Grandeur Peak Global Opportunities Fund and the Grandeur Peak International Opportunities Fund.

In light of the continued market volatility, Russell Indexes is expanding its Defensive and Dynamic Indexes to cover all 10,000 stocks that it tracks around the world.

TD Ameritrade Institutional announced a new options trading, education and support package for advisors Thursday.