Portfolio

On April 18, Russell Investments added Tom Goodwin in the newly created role of senior research director for Russell Indexes.

The Dow Jones Industrial Average lost 82.79 points to close at 13,032.75 Wednesday while the Nasdaq and S&P 500 lopped off 11.37 points and 5.64 points, respectively.

On April 18, Boston-based Affiliated Managers Group, Inc. (NYSE: AMG), has agreed to acquire a majority equity interest in Yacktman Asset Management Co.

Ask any advisor and he or she will tell you that clients can’t get enough of long-term growth mutual funds. Here’s an interactive slide show featuring the five best performers so far this year.

Here’s an interactive slide show featuring the five best-performing growth mutual funds so far this year.

On April 18, Reuters reports that the chief operating officer of Guggenheim Investments and two other top executives were let go this week as part of a reorganization at the firm, according to three people familiar with the situation.

On April 17, 2012, Bob Reynolds said Putnam is currently prepping an active ETF offering.

On April 18, 2012, Thomson Reuters announced that it will now offer clients of three investment data providers, FundCount, Quantifi and SAGE SA, access to Thomson Reuters DataScope Select platform for non-streaming, cross-asset, global content

On April 17, 2012, Guggenheim Investment Advisory, a division of Guggenheim Partners, has hired Citi to provide a complete suite of services including middle office, fund administration and custody for Guggenheim’s hedge fund investment platform.

Schwab report finds spike in total M&A activity in the RIA sector for the first quarter, but nearly half of the $23.95 billion in total assets under management transacted across 17 deals through March 31 came from one deal.