Portfolio

An average 24% increase in advisory, distribution and service fees fueled a 87% surge in Eaton Vance’s first quarter profits to $46.2 million, or 37 cents per share, compared with profit of $24.7 million, or 21 cents per share in the year-ago quarter ended Jan. 31.

A MassMutual survey of 1,000 of its retirement plan participants found that 75.8% believe the stock market will improve over the next 12 months. Only 7.6% think it will decline.

More than 800 exchange-traded funds trade daily in the United States. How can advisors choose? Two experts reveal what advisors need to know to successfully use these products.

A New York federal judge ruled Wednesday that the Securities and Exchange Commission’s lawsuit against Reserve Management, its founder, Bruce Bent, Sr., and his son, Bruce Bent II, can proceed since the SEC adequately proved they committed fraud through misstatements and omissions of facts about the flagship Primary Fund.

Ask a broker why 12b-1 fees exist and you’ll get a variety of answers. The SEC's chairman said there should be greater transparency around the fees, which could be as high as 1%.

The Baltimore fund company is considering fixed income and equity strategies and is not planning on cloning any existing funds.

"Almost Hard to Fathom," Mier Said.

Sale would be part of effort to sell $715 billion in non-core assets

The investment bank buys the PE advisory business of the former Lehman jewel as it continues its global expansion; will more fund-raisers be targeted?

The Securities and Exchange Commission has received just over 200 comment letters since it posted its proposed roadmap for transitioning to International Financial Reporting Standards on its website in 2008, and it’s now receiving some extra suggestions ahead of its deliberations on the roadmap on Wednesday.