Portfolio

IndexIQ has expanded its IQ series of 16 funds with the IQ Global Alternatives ETF Model Portfolio. The investment vehicle uses liquid, transparent, low-cost alternative exchange-traded funds to achieve diversification, growth of capital and low volatility.

Blue chips fell 297.05 points to 11657.96, the second day of losses as investors reacted negatively to economic news out of Greece. All but one of the component stocks ended down.

S&P Capital IQ mutual fund analyst Todd Rosenbluth highlights three five-star mutual funds for advisors and analysts to keep an eye on this year.

Vanguard this week announced plans to introduce two international bond index funds for U.S. investors. The two funds -- Vanguard Total International Bond Index Fund and Vanguard Emerging Markets Government Bond Index Fund -- are expected to be available in the first quarter of 2012 pending review of the registration statements by the SEC.

IndexIQ has expanded its IQ series of 16 funds with the IQ Global Alternatives ETF Model Portfolio. The investment vehicle uses liquid, transparent, low-cost alternative exchange-traded funds to achieve diversification, growth of capital and low volatility.

Highland Funds Asset Management has launched the Highland Alpha Trend Strategies Fund, a global fund that will invest in country- and region-specific exchange-traded funds as well as take long and short positions in equity indexes. The fund aims to invest in areas with low correlation and volatility.

MF Global Holdings, a major player in th futures market, has filed for bankruptcy after failing to find a buyer.

Analysts and managers say they are finding value in the municipal market by taking advantage of attractive intermediate yields and buying opportunities presented by credits that find themselves in the headlines, among other strategies.

Preferreds are getting popular because they generate income—but they require a lot of diligence and involve a lot of fine print

Advisors of the future are gravitating toward financial planning programs. Here are the schools on many students' short lists.