Portfolio

Portfolio managers at the top funds took home an average $4.85 million.

Glenmede Trust's office in New York has helped provide a quick asset boost in the wake of the market crash. The Philadelphia firm has added about $2 billion to its assets under management since the end of 2008, for a total of $18 billion.

Dupree Funds is launching a taxable municipal bond fund this week, just the second effort at creating a mutual fund devoted to Build America Bonds.

The Absolute Return LLC has launched a family of five absolute return portfolios that aim to deliver positive returns regardless of the direction of the market.

Global X Funds has launched the Global X Gold Explorers ETF, which it says is the first exchange-traded fund to invest in gold exploration companies.

Fund will buy the stocks of companies that make much of our modern high-tech lives possible.

Bond funds attract $5.31 billion of new money in the week.

The U.S. dollar could lose 20% of its value as a result of the trillions of dollars the Federal Reserve is pumping into the money supply by purchasing long-term government bonds through QE II, or quantitative easing, part two, Bill Gross, co-chief investment officer of PIMCO, told Reuters.

Aston Asset Management, in partnership with Crosswind Investments as sub-advisor, has launched the Aston/Crosswind Small Cap Growth Fund.

Cambridge CTO will provide chief technology officer expertise for funds.