Portfolio

Morningstar reported that it has found that managers who invest in their own funds remain invested more than twice as long.

According to a survey, four in five corporations could drop money market funds from their portfolios if funds are required to shift to a floating net asset value reporting structure.

Fixed annuities sales were steady at $1.1 billion, whereas variable annuities gained $100 million from a month earlier ending November at $1.5 billion, according to data from Kehrer-LIMRA.

Strong sales over the past year prove that Americans are looking for guaranteed income.

NEW YORK-The U.S. economy will muddle through even as domestic stocks rake in double-digit percentage returns for the third straight year, said Robert C. Doll, the chief equity strategist for fundamental equities at BlackRock, in a breakfast briefing in New York Tuesday.

Equity funds delivered 16.57% in 2010, with more than one-third of the gains, 6.43%, coming in during the last five weeks of the year, Lipper said.

The mutual fund industry typically focuses on weekly and monthly fund flow figures.

Investors kept pulling their cash from municipal bond mutual funds at a record pace last week as frightened money continued to flee the market.

Genworth discontinues retail and group variable annuities, while Western & Southern and Allianz put faith in new variable annuities.

Have you decided that 2011 is the year to become an independent advisor? Tom Nally, a managing director of institutional sales at TD Ameritrade Institutional, gave us 10 of the best tips for going independent.