Portfolio

Just as many investors overreacted to the market on the way down, they need to keep a level head and not load up on too much stock in the current market rally, Vanguard is reminding investors in an online message from Chief Investment Officer Gus Sauter.

The mutual fund advertising rule that the Financial Industry Regulatory Authority imposed in April 2007 that requires ads to contain fee information if they are also going to tout performance appears to be for naught.

Mutual funds and other institutional investor shave remained fundamentally committed to the same investment policies they were adopting prior to the credit crisis, The Conference Board said in its annual Institutional Investment Report.

Grail Advisors has registered two actively bond exchange-traded funds, the Grail McDonnell Intermediate Municipal Bond ETF and the Grail McDonnell Core Taxable Bond ETF.

Some young investors have seen their portfolios double, even triple, since the market low on March 9.

Americans are redefining retirement, with 75% now saying they intend to work as long as they can, Bankrate found in a survey of 1,003 adults 18 or older.

While the average U.S. stock fund rose 16.6% the average international stock fund rose 17.4% in the third quarter, the two best-performing categories were Latin American funds (up 26%) and global real estate funds (up 23.2%), according to data from Morningstar.

U.S. Bancorp has acquired the fund administration and account division of Fiduciary Management. The unit has more than $8 billion in assets under administration, while the remaining investment management business of the company as $6 billion in assets under management.

Workers who had already been investing in their 401(k) for at least five years through 2008 saw their balances drop an average of 24% last year, compared with the S&P 500’s sharp 37% decline, the Investment Company Institute and the Employee Benefit Research Institute said.

Advisers are seeking new tools and products that will complement the strategies they now have in place for retirement income planning, instead of replacing them, according to new research from Cerulli Associates.