Portfolio

As wealthy customers have started to reevaluate their financial situations, financial advisers at PNC Wealth Management have increased and improved their conversations with wealthy clients in an effort to retain and expand relationships.

Investors will continue to reallocate cash into the markets.

In 2009, mid-cap ETFs had the largest gain.

Societe Generale’s U.S. savings and investment retirement plan has selected Putnam Investments to manage its $220 million defined contribution plan.

The repeal of the tax has set up an interesting social experiment.

FundQuest has selected Managed Portfolio Advisors as the overlay manager for its customizable unified managed account program.

Fidelity Investments’ venture capital unit has broken off from the fund giant to form an independent firm called Volition Capital. It will continue to manage its previous portfolio of 20 U.S. companies. Going forward, it will invest primarily in high-potential, founder-owned technology companies.

Sector shows strength as Treasuries spike

With an increasing number of fund companies offering actively managed exchange-traded funds, including John Hancock, T. Rowe Price and PIMCO, this could be the new hot mutual fund category, some executives told Seeking Alpha.

Tax-time loans, already an embattled product, now face even more regulatory scrutiny — and not just from the traditional banking agencies.