Portfolio

Annuities sales through banks maintained their modest recovery pace in April after hitting record lows at the beginning of the year.

As the rich get richer across the globe, high net worth clients in North America have tightened their grip on their wallets.

Just as the alternative energy industry will most likely provide lucrative investment opportunities, so will the overseas markets in the coming years, which is why Fidelity Investments is positioning its 20-year-old environmental energy mutual fund right at the crossroads of those two businesses.

Fear is the new name of the investing game. It's what drove investors to take $527 billion off the table in May, and it's what continues to rattle the market, with the Dow's 268-point drop on Tuesday and second 115-point decline at deadline two perfect examples.

Citi and Bank of America Merrill Lynch continued to vie for the top underwriting position in the municipal bond industry, according to mid-year rankings from Thomson Reuters.

NYSE Technologies and Markit Group said Thursday they will consolidate their pools of data on trading in over-the-counter stocks in Europe.

Sales of fixed annuities rose in recent months despite a negative spread with CDs.

The turbulence that’s battered financial markets in recent weeks reduced the volume of municipal bonds sold in June to the lowest level that month has seen in 10 years.

Thesis Flexible is an alternative strategy fund that primarily uses hedge fund strategies and is already on the Fidelity and Schwab platforms.

TD Ameritrade and Vanguard Group have added the Thesis Flexible Fund, an alternative strategies fund, to their respective platforms. Grand Distribution Services of Milwaukee distributes the fund, managed by Thesis Fund Mgmt. of New York. The fund uses hedging strategies and is managed by the Thesis team with Stephen Roseman, Thesis Fund Mgmt. chief executive officer, as senior portfolio manager.