Portfolio

U.S. Retirement Market Projected to Hit $22 Trillion by 2016 The U.S. retirement market is projected to grow to nearly $22 trillion by 2016. That represents a 38% increase from an estimated $16 trillion mark for the end of 2011, due mostly to continuing market recovery.

Direxion Funds said it is is making modifications to its line of “buy and hold” alternative strategies, effective February 1, 2012.

Hancock Holding Company announced that the Hancock Horizon Burkenroad Small Cap Fund, celebrating its tenth anniversary, has received a five-star overall rating from Morningstar.

Michael Hamm has left a position as vice president at Cambridge Investment Research in Fairfield, Iowa, to become a senior vice president at The Legend Group in Palm Beach Gardens, Fla.

The number and complexity of corporate events persist, even three years after the 2008 financial crisis. Here's a rundown, from Wolters Kluwers Financial Services.

Here's a an early preview of Financial Planning’s February cover story examining the savviest strategies that top planners and other financial professionals are using to put the fix back into their clients’ fixed income.

Senior White House economic advisors have told state and local officials that tax-exempt bond interest is “off the table” and will not be part of the administration’s proposed 28% cap on the value of exclusions, deductions and other tax preferences for wealthy taxpayers, sources familiar with the discussions told The Bond Buyer.

Invesco reports total net inflows of $6 billion in its latest quarter.

T. Rowe Price Group reported its fourth quarter 2011 results, including net revenues of $671.6 million, net income of $188.4 million, and diluted earnings per common share of $0.73.

Custom target-date funds are beginning to proliferate at the expense of their off-the-shelf counterparts. That’s due to plan sponsors wanting to have greater control over what’s in a fund and have access to a wider array of investments to put in them.