Portfolio

Exchange-traded funds are continuing to gain traction among Charles Schwab’s clients.ETF assets held by the firm’s clients climbed 34% in 2010, compared with 28% growth in the ETF industry overall, according to Schwab. The brokerage’s clients hold more than $111 billion in ETF assets.

Letting the net value of assets in a money market fund would "change the shape and form" of such funds -- and could create system risk, according to Maria F. Dwyer, the chief regulatory officer of MFS Investment Management.

Smaller Asian nations, namely Hong Kong, Singapore and South Korea, will lead global growth over the next year, asst management, private equity and hedge fund executives said in a survey conducted by RBC Capital Markets.

PIMCO announced on Monday that it launched a distribution platform for financial advisors and individual investors to better serve the retail market.

ETF assets held by the firm’s clients climbed 34% last year, compared with 28% growth in the ETF industry overall, according to Schwab. The brokerage’s clients hold more than $111 billion in ETF assets.

After the flat decade that stock-based mutual funds have had and with post-World War II baby boomers starting to retire, "it's all about income now," said Matt Witkos, president of Eaton Vance Distributors, at the opening of the National Investment Company Service Association 29th Annual Conference & Expo.

U.S. equity funds brought in $21 billion, the strongest month for sales in seven years.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

Municipal bond mutual funds in the period ending Feb. 9 saw heavy withdrawals for the 13th consecutive week.

The financial services industry can be a great career choice but unfortunately, a lot of new advisors never make it past the first couple of years. Advisor Keith Weber discusses some tips to help young advisors.