Portfolio

Investors stuck with their retirement savings plans in 2010, the Investment Company Institute said Tuesday, basing its findings on data from more than 23 million defined contribution accounts.

The Investment Company Institute held its annual meeting of its membership in Washington, D.C. last week. Close enough to Securities and Exchange Commission headquarters that chairman Mary L. Schapiro could swing by and let the assemblage know that existing mutual fund distribution rules "can't be left to stand."

Irvin Feld was a rock-and-roll promoter who purchased “The Greatest Show on Earth” in 1967. He created a promotion company to manage the Ringling Bros. Circus, along with Disney on Ice and monster truck shows, but none of his shows have been as eventful as what’s happened between his two children the last few years.

The total value of U.S. exchange traded funds 5.7% from a month earlier to $60.5 billion in April bringing the total value of ETF investments to more than $1.12 trillion, according to State Street Global Advisors.

Tradar said its portfolio and order management software will become available as a hosted service for fund managers, through Eze Castle Integration.

These days there seems to be a lot of information available to nervous retail investors about the municipal bond market. Maybe even too much.

Markit and Deutsche Bank said they are providing financial research through a single application for iPad users.

Tradar said its portfolio management software will become available as a hosted service for fund managers, through Eze Castle Integration.

Morningstar has added 10 alternative investment categories to its classification system, eight of which cover exchange-traded funds and two the broad universe of funds.

Forward Management has relaunched the Forward International Fixed Income Fund as the Forward EM Corporate Debt Fund. SW Asset Management, an asset management firm that specializes in emerging corporate debt, will sub-advise the fund. David Hinman, chief investment officer of SW Asset Management, will serve as co-portfolio manager of the fund.