Portfolio

GoodHaven Capital Management has launched the GoodHaven Fund, a no-load value fund with a go-anywhere mandate that includes fixed income and cash.

Destra Capital Management has expanded its lineup of funds that emphasize income and seek to minimize downside risk with the launch of the Preferred and Income Securities Fund, sub-advised by Flaherty and Crumrine, and the Focused Equity Fund, sub-advised by WestEnd Advisors.

Prudential Investments has launched three new fixed income funds: the Prudential Floating Rate Income Fund, the Prudential Absolute Return Bond Fund and the Prudential Emerging Markets Debt Local Currency Fund.

With advisors and investors focused on tax season, Ed Slott returns to financial planning with some quick answers on Roth IRAs, required minimum distributions, and what all this means before (and after) April 18.

Sixty-five percent of Americans do not know what a hedge fund is, according to a survey by Thesis Fund Management.

A majority of Americans find retirement planning confusing and want additional help, a study by the ING Retirement Research Institute conducted by the Boston Consulting Group found.

While most of the U.S. continues to endure sluggish or retreating housing prices and foreclosures still remain a persistent blight on the economic landscape, ultra high net worth individuals continue to fork over huge sums to garner real estate in most of the world's most exclusive enclaves.

Franklin Templeton, Loomis Sayles and State Street will be the sub-advisors.

Institutional investors and regulators are paying more attention to the sector.