Portfolio

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.

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.