Portfolio

ProShares on Tuesday launched two volatility exchange-traded funds, the ProShares VIX Short-Term Futures and the ProShares VIX Mid-Term Futures funds.

For more yield, consider actively managed funds with broad discretion and floating rate funds

The CM Commodity Index Fund takes on contango with staggered maturities.

Investors are now pulling money out of bond funds at fastest rate in two years, and U.S. stock funds see their first positive net weekly inflows since April.

Bank of America Merrill Lynch in 2010 reclaimed its title as the top underwriter of municipal debt, thanks mainly to its dominance in the competitive market.

Despite the government’s insider trading case against expert consultants and hedge funds, flows to hedge funds should be strong in 2011, predicts Agecroft Partners, basing its findings on interviews with 300 hedge funds and 1,500 institutional investors.

Despite the government’s insider trading case against expert consultants and hedge funds, flows to hedge funds should be strong in 2011, predicts Agecroft Partners, basing its findings on interviews with 300 hedge funds and 1,500 institutional investors. Agecroft is an alternative investments consultancy.

Nuveen Investments on Dec. 31 completed its acquisition of FAF Advisors, with FAF’s parent company, U.S. Bancorp, receiving a 9.5% stake in Nuveen, plus cash consideration in exchange for investment management of the FAF mutual funds.

WTP Advisors, a tax and business advisory firm, has acquired Sala Associates, an operations consultancy for hedge funds and investment banks.

The economic rebound in 2011 will be slow but steady—but not strong enough to prompt employers to begin hiring again, according to the findings of the latest Turnaround Management Association survey.