Portfolio

On June 12, 2012, Minneapolis-based RBC Global Asset Management hired Gerry Cosgrove and Mike Refojo to boost its sales ad consultant relations team.

Advisors clearly need to change how their practices are staffed up in order to meet the challenge of running clean, client-focused businesses.

On June 12, 2012 Sentinel Investmentsfs CEO Christian W. Thwaites joined the board of directors of The Borgen Project, a national nonprofit organization committed to improving conditions for people living in severe poverty.

On June 12, 2012, new research by a pair of academics say that it's all about luck for managers after the first three years,

Neuberger Berman Group this week launched the Neuberger Berman Absolute Return Multi-Manager Fund (NABAX), which bets on a slate of hedge fund managers.

S&P Capital IQ this week unveiled its Global Markets Intelligence group, a new advisory business that provides risk-based non-discretionary equity, fixed income portfolio strategies, asset allocation, and fund review services to asset managers.

USAA Investments is adding six target-risk mutual funds to its portfolio.

U.S. exchnage-traded funds assets totaled $1.12 trillion as of May 31 – up 7% year-to-date, according to the ETF Snapshot May 2012 released by State Street Global Advisors.

Mutual funds that invest in alternative types of securities, ranging from commodities to private equity investments, have been hot. But the heat appears to be cooling off.

Mutual funds that invest in alternative types of securities, ranging from commodities to private equity investments, have been hot. But the heat appears to be cooling off.