Portfolio

The whipsaw of stock prices this year is not due to faulty functioning of markets, say exchange operators. Tinkering with market data or other parts of a "highly tuned engine" must be carried out carefully, as a result, said Goldman Sachs' head of U.S. equities trading.

"A Random Walk Down Wall Street," written by Princeton economist Burton Malkiel, was first published in 1973.

The owners of the Standard & Poor’s Indices and the Dow Jones Indices said they will create a joint venture in index services.

Eileen Rominger, director of the SEC's division of investment management, testified last month before the U.S. Senate that the commission is reviewing whether the widespread use of exchange-traded funds is contributing to market volatility.

The Dow Jones Industrial Average fell Friday, finishing the week down 247.87 points to 11983.24 and ending a five-week winning streak. Stocks slipped 61.23 points on Friday.

Altegris Futures Evolution Strategy Fund brings together two managed futures managers, Winton Capital Management and ISAM, with fixed income manager Jeffrey Gundlach.

Denver-based 361 Capital CEO Tom Florence said at the Schwab Impact conference in San Francisco that his firm has licensed 11 videos than run seven to 10 minutes each. The videos, which debuted this week, will be available exclusively on 361 Capital's website.

Retirement plan administrators and advisers take note: It’s not a company’s size but rather the demographic makeup of its workforce that influences whether it sponsors a retirement plan.

SAN FRANCISCO -- BlackRock Managing Director and CIO of fixed income portfolios Rick Rieder painted a bleak overall economic picture before an overflow audience at the Schwab Impact conference here Thursday. With Fed policy holding interest rates low, it’s unlikely investors in fixed income will see yields rise far above current levels anytime soon.

Russell Investments has launched three international equity “factor” exchange-traded funds designed to provide investors with focused exposure to fundamental risk factors -- namely low beta, low volatility and high momentum. The funds complement Russell’s existing 10 domestic factor ETFs.