Portfolio

During the week ended March 27, investors steered an estimated $9.12 billion into mutual funds, down 26% from the $12.38 billion they poured into the funds a week earlier.

Investors pumped $9.12 billion into long-term mutual funds for the week ended Wednesday, March 27, according to the Investment Company Institute.

Leewood, KS-based Tortoise Capital Advisors has rolled out the Tortoise North American Energy Independence Fund (TNPTX, TNPCX), a mutual fund that invests primarily in equity securities of North American oil and gas production companies.

Fred Alger Management has launched the Alger Capital Appreciation Focus Strategy (ALGRX, ALGIX), which follows an investment strategy that concentrates the portfolio’s holdings to generally less than 50 securities.

Vanguard Group is looking to make its investors think long-term when it comes to their investments via a new social media campaign dubbed "My Life Ticker".

Investors were more positive toward stocks, balanced mutual funds and real estate in the first quarter this year than they were in the previous quarter, according to a John Hancock survey.

Legg Mason has announced a series of executive appointments and departures following the hiring of Joseph Sullivan as its president and chief executive officer.

Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.

Asset managers have taken notice of the the proliferation of alternative mutual funds in the retail and institutional channels and have changed their game plan accordingly.

Pioneering exchange-traded fund provider Global X Funds is adding some more frontier market flavor to its portfolio.