Portfolio

Having made changes to the fund’s investment capacity, the $6.6 billion Eaton Vance Macro Absolute Return Fund is reopened to additional investments.

The Department of Labor on Monday issued final rules on investment advice in 401(k) plans, largely in line with its initial definition of advice.

A Bank of America Merrill Lynch survey of global fund managers makes it abundantly clear that just about everyone is sure Greece will default on its foreign debt obligations. And while this isn’t good news, the view from top money managers is that this eventuality has already been priced into the market and most are more optimistic about the global economy than they were last month.

At the start of October, the Investment Company Institute announced it was going global.

The mere mention of variable annuities is enough to set off a heated discussion among financial advisors. Below are excerpts from our discussion boards about our coverage of a report from the Insured Retirement Institute.

Independent and insurance brokers/dealers are the strongest sales channels for variable annuities, according to a report from the Insured Retirement Institute.

Blue chips ended the week up 1.41% to 11808.79. It was the fourth week in a row that stocks finished higher.

FPA has launched the International Value Strategy portfolio, with plans to roll out a mutual fund version in the near future.

With deleveraging debt now the modus operandi of the U.S. economy, the “tailwind of economic growth has been taken away,” said Curtis V. Arledge, vice chairman and chief executive officer of investment management at BNY Mellon. But the picture isn't entirely bleak. The decline in growth is creating a “bull market in [financial] advice,” Arledge said.

It’s a brave new world for investors, according to Natixis Global Asset Management President and CEO, U.S. and Asia, John Hailer. Amid the market volatility that has spiked this year, investors need alternative investments that are uncorrelated to the markets in order to build what Hailer calls “durable portfolios.”