Portfolio

As actively managed funds lose their luster, the mutual fund industry is working to capitalize on new trends.

The firm has embarked on an aggressive strategy to double the assets in its managed account group over the next five years and these two men are leading the way.

Yields on money market funds have eroded since 2007, but the worst days may be over.

Clients should update their wills after births, deaths, marriages and — especially — divorces.

The precious metal plays the role of insurance: There when you need it and quiet when you don't.

A bad day for financial engineers in Chicago continued Wednesday, when the Securities and Exchange Commission said the assets of a quantitative trading firm were frozen.

Over the next five business days through Sept. 6, the Dow Jones Golden Crossover Large-Cap Total Stock Market Index will decrease its equity allocation from 100% to 25%, moving that 75% allocation into the cash equivalent of short-term U.S. Treasury bills.

Fears of another recession could prompt corporate Treasurers and lenders to withhold financing, which in and of itself could raise the probability of less liquidity and further economic weakening.

BNY Mellon Asset Management tapped Christopher Sheldon as its new chief investment officer of The Dreyfus Corporation, the New York-based asset management and distribution firm overseeing more than $400 billion in mutual funds and separately managed accounts.