Portfolio

Charles Schwab is now offering a program fee rebate on its managed mutual fund portfolios, Schwab Managed Portfolios, to investors who put $25,000 or more of assets into a new or existing retirement account.

Rydex Investments is offering a new fund of funds that offers exposure to the alternatives marketplace to individual investors.

Spitzer Resigns After Prostitution Scandal

Two former designers of sports cars and fighter airplanes have formed the hedge fund Solytix Capital, which focuses on quantitative analytics.

Target-date funds are helping average investors get the same type of service wealthy clients have traditionally had when it comes time to transition a retirement plan from being aggressive to a more conservative plan.

Fund.com Appoints Webster as President

Contrary to popular belief, contrarian funds don't bet against the stock market. They bet against mainstream trends and look for undervalued areas with strong potential.

Cutting edge technology has facilitated the unified managed account (UMA) becoming ubiquitous within the wealth management industry. Today multiple investment products such as separate accounts, mutual funds and exchange-traded funds can all peacefully co-exist, nestled together under a single client registration.

These days the concept of sustainability is a hot ticket into the world of socially responsible investing. Just last week, a trio of investment management firms announced plans to incorporate the components of sustainability investing into their product offerings.

China's securities regulator has approved the creation of three new mutual funds in an effort to bolster the country's sagging stock markets, the Xinhua news agency reports.New Century was approved for a stock fund and Lion and Changsheng were approved for funds that can have a stock/bond mixture.China's benchmark index Shanghai composite closed at a seven-month low of 3,962.673 on Friday.