Portfolio

Basic business practices such as client segmentation separate the winners from the losers among registered investment advisors.

John Hancock Funds on Monday announced the launch of the John Hancock Currency Strategies Fund, a fund that will make diversified investments in global currencies and that is managed by First Quadrant.

Great-West Retirement Services has appointed Tom Masteller regional sales director for the Pittsburgh marketplace, responsible for selling 401(k) plan administration services through brokers, financial advisers, consultants, wirehouses and third-party administrators (TPAs). Great-West is the fourth-largest retirement plan recordkeeper in the U.S.

Schwab study finds that strategy is key in effective deployment of tech services

While exchange-traded funds have been one of the biggest-selling mutual fund categories, small, niche products are finding it hard to make a go of it. Of the 129 new exchange-traded funds introduced this year, 37, or 28%, are already closed.

With investors consistently and rather alarmingly rushing to the exits of equity mutual funds ever since the May 6 Flash Crash-shareholders have yanked $72.9 billion out of stock funds-asset managers are aggressively reducing fees at an unprecedented rate.

James Lam & Associates, enterprise risk management

Loomis Sayles has launched the Loomis Sayles Multi-Asset Real Return Fund, which will invest in a variety of asset classes around the world, including derivatives, commodities and REITs, to combat all types of inflationary environments, including: inflation, debtflation, stagflation and deflation.

Bank of America Merrill Lynch fended off a summer onslaught from Citi to hold on to the top spot among municipal bond underwriters through three quarters of the year.

Nomura Securities International Inc. said on Monday that it hired Pascal Bandelier and Paul Sangimino as co-heads of U.S. cash equities in New York.