Portfolio

They plan to boost their staff by 30% over the next 12 months, Fidelity finds.

The schizophrenic behavior of the U.S. economy in the past six months has forced large consumer products firms to look outside their own empires for new revenue sources. Fortunately, most of them have plenty of cash to spend.

College graduates who applied sound planning with following their passions had a much more satisfying college experience—and less debt—than those who did not, according to a study from Fidelity Investments.

IndexIQ has launched the IQ Hong Kong Small Cap ETF, which it says it the first exchange-traded fund to focus on the sector. It will track the IQ Hong Kong Small Cap Index.

Still, a majority of class of 2011 respondents, 66%, who are graduating with debt say the value of college is equal to or worth more than the debt accumulated.

Robust Demand For Some Credits

The Conference Board Leading Economic Index for the U.S. ticked down by 0.3% in April to 114.0 (2004 = 100), following a 0.7% increase in March and a 0.9% increase in February.

Calamos International is now making its three-year-old Calamos Emerging Markets Fund available as a UCITS.

Palmer Square Capital Management, a manager of hedge funds-of-funds and customized alternative investments, had launched its first open end mutual fund, the Palmer Square Absolute Return Fund.