Portfolio

Equity and bond mutual funds alike started off the new year with a bang, bringing in $86 billion in fresh assets. This combined with $29 billion flowing into exchange-traded funds was by far the largest one-month gain on record for mutual funds, according to Morningstar.

Mike Tyson is preparing for another fight -- this time, with his former financial planner.

These are the biggest money blunders clients make. By getting ahead of the problem, advisers can make themselves more valuable.

Mutual funds overall continued to enjoy flows the week ended Feb. 20, reported Jeff Tjornehoj of Lipper.

Sales of deferred income annuities grew to more than $1 billion in 2012. But they are still a minor portion of the overall market, representing less than one percent of total annuity sales.

The Touchstone Funds Group is dumping six funds that its Board of Trustees deems to small and redundant.

Money market mutual fund assets continued its steady decline the week ended Feb. 20.

A Phoenix registered investment advisor has agreed to pay nearly $275,000 to the SEC in a case stemming from the sale of a stake in his firm -- at an allegedly inflated price -- to a client.

It’s business as usual for Chicago-based Harbor Capital Advisors, a manager of managers shop.

Fidelity Investments, the second-biggest mutual fund manager in the U.S., plans for the second time this year to bar new investors from a fast-growing fund focused on small-company stocks.