Portfolio

Unless automatic enrollment in 401(k)s and other defined contribution plans becomes universal and savings deferral rates increase substantially, people are going to have significant shortfalls in their retirement nest eggs.

The Bloomberg Consumer Comfort Index fell to -46.9 in the week ended May 8, as rising gas prices are making Americans worried about their personal finances. This was the index’s worst reading since March, Bloomberg said. The comfort index’s range is from -100 to +100.

Janus has launched the Janus Real Return Allocation Fund, which seeks to provide total returns in excess of the rate of inflation over a full market cycle. Janus will co-manage the fund with Armored Wolf.

The group is preparing to judge the inaugural Pro Bono Awards while conducting annual evaluation of grant applications

Unified Managed Accounts skyrocketed over 100% in the last year, and at double the rate of any other segment, but they are still only 6% of the $2 trillion industry.

Reversing a trend of outflows, tax-exempt money market funds raked in $3.33 billion to end the week of May 9 with $309.95 billion in total net assets, according to the Money Fund Report, a service of iMoneyNet.com.

Investors often make the mistake of exposing themselves to too much risk in their portfolios or failing to take on enough risk for their investment timeline. Here are a couple of large-cap funds that might represent a happy and profitable compromise.

BOSTON - In today’s turbulent world, there will be plenty of investment opportunities, but also plenty of risk.

Market research firm TNS’ Investor Confidence Index, based on an early April survey of 1,551 adults with investable assets of $500,000 or more on their expectations for the next six months, declined to 113 from 119 in January.