Portfolio

Neuberger Berman has launched the Neuberger Berman Global Allocation Fund, a flexile, go-anywhere fund designed to serve as the core of an investor’s portfolio.

Alternative investment advisor Equinox Fund Management has launched the Equinox Commodity Strategy Fund, a market-neutral mutual fund that aims to exploit inefficiencies in the futures contracts market by taking both long and short positions.

ING’s U.S. Retirement Services business will offer the ESG Managers Portfolios, socially responsible asset allocation portfolios from Pax World Management and sub-advised by Morningstar, to the defined contribution plans it administers.

Highland Funds has merged the Highland Floating Rate Advantage Fund and the Highland Floating Rate Fund into the Highland Floating Rate Opportunities Fund, which offers better, daily liquidity features.

The Hartford is betting that enhancements to its variable annuity suite will pull it ahead of competitors in the race to offer investors secure retirement income options.

Investors' infatuation with both exchange-traded funds (ETFs) and dividend-paying stocks helped Global X Funds' new SuperDividend ETF fly out of the gates in its first trading day last week.

Tradeweb said it added high-yield bonds to its European credit trading platform. The addition of high-yield bonds was intended to help asset managers "to enhance portfolio returns,'' in a period of low interest rates.

The stars in the world of socially responsible investing are companies like Pax World, Parnassus and Ariel, which have leveraged the model to gain billions of dollars of assets under management.

Life insurance sales through banks, which set records in 2010, are now trending downward sales fell 30% in the first quarter, according to research firm Kehrer-LIMRA.

CHICAGO -- Just last month BlackRock’s Bob Doll told a room full of almost 2,000 advisers at the IMCA Annual Conference in Las Vegas that he believes the U.S. will continue to outperform developing markets and outperform Europe and Japan. “Investors should be overweight the U.S.” he said.