Portfolio

A new report released this week from the American Federation of State, County and Municipal Employees (AFSCME) claims that some of the largest mutual funds -- including Vanguard and BlackRock -- are guilty of rubber-stamping company-initiated, executive-compensation plans that are often out of whack with their companies' performance and therefore compromising shareholders' best interests in the process.

Despite the widely held belief that younger investors have become tremendously risk-averse due to the economic crisis, Vanguard is finding that younger investors have increased their equity exposure considerably.

Russell Investments has launched a new suite of six exchange-traded funds, the Russell Investment Discipline ETFs, which focus on six investment styles commonly used by investment managers.

Global X Funds has launched the Global X Auto ETX (ticker: VROM), which will invest 76% of its portfolio in auto manufacturers and 26% in auto parts and equipment.

Since most participants accept the deferral rates that are automatically set in 401(k) plans, sponsors should increase those rates to at least 6% or higher, The Principal says.

According to a survey conducted by TD Ameritrade, RIAs reported a 7% increase.

Variable annuities sales in 2011 climbed significantly in early 2011, continuing a trend begun last year, and reversing a slide that saw them fall from a high of $184 billion in 2007 to a low of $128 billion in 2009.

Investors redeem $950 million from equity funds.

LAS VEGAS - Could the United States be headed for another Great Depression?

Fidelity Investments has launched its first international high-yield fund, the Fidelity Global High Income Fund.