Portfolio

Matthews International Capital Management has launched an umbrella UCITS in Luxembourg comprised of three Asia-focused funds: Asia Dividend Fund, Pacific Tiger Fund and China Fund. It is the first time investors outside of the U.S. have had access to Matthews funds.

Acquisition broadens Genworth’s wealth management platform with alternative investments, including hedge funds.

Genworth Financial has agreed to pay $35 million, plus additional performance-based payments, to acquire alternative investments platform provider Altegris. The deal is expected to close at the end of the year.

The streamlining service handles sales of restricted shares.

Three of the new funds will invest in large-cap stocks.

Russell Investments and Parametric Portfolio Associates have pooled their resources in order to offer a new joint index that will be a “vital metric for investment decisions” in the future, the two Washington-based firms said Monday. The new ...

Report says technical wherewithal more important than ever as industry bounces back from financial crisis.

Expect moderate growth of 2%, led a gradual rise in consumer spending, private-sector investment and more spending by the federal government, at least until the 2011 tax season. That’s what Wells Fargo’s economic group is predicting for the near future of what it describes as a fairly boring recovery.

RiverPark Advisors has launched a new family of no-load open-end mutual funds, three of which will invest in large-cap stocks.

Center State Bank of Florida in Winter Haven seems to have entered the correspondent banking business at the perfect time.