Portfolio

The end of December was a "dud" for flows into equity mutual funds, reports Jeff Tjornehoj of Lipper.

Pax World Management, which touts itself as having launched the industry’s first socially responsible mutual fund in 1971, has hired Judy May as senior vice president of marketing.

Total money market mutual fund assets increased by $37.78 billion to $2.705 trillion for the week ended Wednesday, January 2, according to the Investment Company Institute.

It's a big happy family for Hartford Mutual Funds, which announced today five new additions to its team.

3D Asset Management is giving its operations team a boost with a series of promotions.

Morningstar named its 2012 U.S. Fund Manager of the Year award winners in the allocation, alternatives, domestic stock, international stock, and fixed income categories.

After another year of record low municipal bond interest rates, next year is expected to see a slight increase in yields, according to municipal research analysts.

Flows to muni bond mutual funds, though still negative, recovered much of their lost ground over the previous two weeks.

The RIA sector drastically outpaced the growth rate of the rest of the financial services industry in the past year, growing at 13% versus 1.3%, according to research from Cerulli & Associates. For our annual RIA Leaders report, Financial Planning ran the numbers to look at the 50 fastest-growing fee-only RIA firms for 2012.

William Frels and Mark Henneman, who run the $2.5 billion Mairs & Power Growth Fund, were named domestic stock-fund managers of the year by Morningstar Inc.