Portfolio

Norm Champ, the director of the SEC’s Division of Investment Management, said the regulator will be asking “tough questions” of fund directors. A key focus: Are fund directors stretched too thinly, overseeing too many funds?

The general counsel for the advocacy group that represents the investment fund industry said Monday that financial transaction taxes harm investors, retirement savers, market operations, economic growth and investment returns.

The trade group will open an office in the center of finance and international business to gather “real-time information” about Asian markets.

Neuberger Berman Group has announced it will begin offering a zero-sales-charge share class.

LinkedIn is a powerful tool for advisors to connect with potential clients, but it should be used with careful diligence. Failure to do so could result in ineffective platform execution, or even worse – a breach in compliance.

Denver-based Cambiar Investors will close the Cambiar Small Cap Fund (CAMSX) to new investors on April 30.

Putnam Investments LLC, the asset manager in its fifth year of a turnaround effort by Chief Executive Officer Robert L. Reynolds, introduced six new mutual funds, including two aimed at investors weary of stock swings.

Westwood Holdings Group last week announced that the Westwood Income Opportunity mutual fund has surpassed $1 billion in assets.

Raymond James is going after more top advisors -- and it's changing its payout structure to do so.

Rapidly changing U.S. demographics are ikely to render industry assumptions ineffective, Conning says. Protection gap offers potential for future growth.