Portfolio

Brown Brothers expanded its relationship with OppenheimerFunds to provide middle and back office services through a new “lift-out” agreement for a $155 billion division.

Fifty-seven percent of money managers view the market as undervalued, Russell Investments found in its latest survey, of 170 senior-level managers. This is the second-highest percentage in survey history. Only 7% of managers believe markets are overvalued.

Brown Brothers Harriman Trust, based in New York City, launched the BBH Core Select mutual fund in 1998 as a small trailer fund to help younger members of its wealthy families manage smaller sums.

Morningstar may remove leveraged and inverse exchange-traded funds from its star rating system and track them separately, Scott Burns, the firm’s ETF director, told attendees at Morningstar’s ETF conference last week.

A fund devoted to investing in Build America Bonds would have a tough time avoiding debt backed by the states of California and Illinois altogether. Eaton Vance is doing its best.

The exit of capital from mutual funds in the United States has slowed down, but showed signs of picking up steam again this month.

Asset allocations won’t change dramatically over the next year, but as money leaves conservative investments, it will move into emerging markets and international funds.

The company announced Wednesday it launched seven exchange-traded funds based on Russell indexes.

An analyst painted a grim picture of the state of disclosure in the municipal bond market, after Securities and Exchange Commissioner Elisse Walter Tuesday kicked off the SEC’s first regional municipal securities field hearing here.

Tools and education guide investors on rolling over an IRA.