Portfolio

Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, rose 2.2% in the first quarter, with positive performance in each month.

Global X Funds has launched the Global X Food ETF, in anticipation of growing demand for food, driven by the growth of emerging market nations.

The Federal Reserve’s ultra-easy monetary policy has been a major cause of rising corporate profits and a broader recovery, says Black Rock Chief Equity Strategist Bob Doll. The Fed has also helped bring about the decline in the dollar, boosting exports.

Product includes portfolios managed like institutional and endowment funds.

Allianz Life Insurance Co., the largest annuity provider in the U.S. with more than $2 billion in sales last year, this week announced a strategic partnership with seven broker-dealers that will add its Allianz Retirement ProSM variable annuity to their advisory platforms.

How is a financial advisor supposed to go through the array of annuity products on offer and find the best ones for each client’s investment and retirement needs, especially when many of the products on offer are changing almost every year?

Biggest users are those at traditional wirehouses, with a penetration rate of 94.9%, a survey by Kasina and Horsesmouth finds.

The Commission may cap and rename the marketing fees charged to fund investors.

Lord Abbett has launched the Lord Abbett Inflation Focused Fund.

Harbor Funds on Monday announced two new funds, the Harbor Emerging Markets Debt Fund, to be managed by Stone Harbor Investment Partners, and the Harbor Convertible Securities Fund, to be managed by Shenkman Capital Management.