Portfolio

RBC Capital Markets plans to announce Wednesday that Francisco Gonzalez has joined its municipal finance group to focus on large issues.

Baltimore-based global investment management firm has added Craig Sidall, a veteran of institutional investment consulting and client management, as VP and consultant relations manager focusing on Canada.

With close to $2.16 billion of assets, the fixed-income fund can be managed in a nimble style — increasing and decreasing positions without moving the market to its detriment.

Jensen Portfolio tops the list of domestic, large-cap funds

Money market funds continue to waive big chunks of their management fees as yields on cash instruments remain too low to charge the full amount.

BOSTON—The Department of Labor’s new 401(k) fee disclosure requirements that take effect Jan. 1, 2012 go far beyond disclosing mutual fund expense ratios to cover every nook and cranny of expenses in plans, right down to indirect service providers, speakers said at the FundForum USA 2010 conference here Monday.

S&P Equity Research, a division of the New York-based credit rating agency, identified 29 funds that achieved the highest overall five-star quantitative ranking in each of their respective categories, and gave them gold, silver and bronze placements.

Instead of focusing on fund holdings, brokers want to hear how fund offerings can enhance a portfolio and help them grow their business.

Janus Capital Group Inc. announced Monday it launched three separately managed account investment strategies for U.S. institutional investors.

For defined contribution plans to work, large U.S. retirement plan sponsors believe they should be mandatory, and include auto enrollment, savings escalation and employer contributions, according to a study released on Monday by Northern Trust.