Portfolio

The Country Financial Security Index rose 0.8 points to 64.9 in February, marking the first time the index has risen at the start of the year since Country Financial began the index in 2007.

MIAMI: The forecasting firms are fairly unified about their expectations for information technology spending by financial services firms in 2011.

American Beacon Advisors has launched the American Beacon SiM High Yield Opportunities Fund, sub-advised by Strategic Income Management (SiM).

ING Group, the Dutch-based financial services institution, said today that it has decided to sell the “majority” of its ING Real Estate Investment Management businesses in two separate transactions worth more than $1 billion.

The “Who Knew” campaign showcases the firm’s four- and five-star-rated funds.

The $3.7 trillion fiscal 2012 budget proposed by President Obama Monday would permanently reinstate an expanded Build America Bond program but at a lower 28% subsidy rate.

The date was October 13, 2008. One month after Lehman Brothers was left to twist quickly in the wind and die.

Asian hedge funds attracted $518 million in net new capital in the final three months of last year, according to Hedge Fund Research, Inc., making it the best quarter of the year for the industry.

The enhanced system will provide more than 30 data points on each bond, with performance information going back 10 years.

New survey finds tighter regulation, investment in new technology and enhanced marketing efforts have Canadian asset managers perched in the catbird's seat.