Portfolio

ING’s U.S. retirement division is attempting to pursue the small- and mid-sized defined contribution business through the banking channel and with a convenience payroll strategy.

Sure, the economy is looking weaker these days, but fears about a double-dip recession are “overblown,” according to researchers at the money management firm Lord Abbett.

ING’s U.S. retirement division is attempting to pursue the small- and mid-sized defined contribution business through the banking channel and with a convenience payroll strategy.

There is a great divide in the economic outlook of the 18% of the population earning $100,000 or more and the 50% earning $50,000 or less, the Consumer Reports Sentiment Index shows.

Emerging Global Advisors, the sub-advisor to the EGShares family of exchange-traded funds (ETFs) this week launched a suite of sector-specific, emerging markets ETFs.

I guess if you wait long enough, everything that once was will come back to us again. Even the bad stuff.

Global long-term fund flows through April reached $270 billion, according to Strategic Insight’s “Global Mutual Fund Review April 2011, New & Top Selling Funds, Leading Managers.”

Fidelity Investments on Wednesday announced the launch of four Fidelity Defined Maturity Funds, a series of four actively managed municipal income funds. The funds seek to bridge the gap between individual bonds and bond funds and, therefore, fill a gap in municipal bond investing, Fidelity said.

Conventional wisdom these days suggest that the U.S. dollar remains a safe haven for investors compared to the euro, which is under considerable pressure due to the growing debt crisis facing Greece and a few other European countries. But at least one analyst contends investors shouldn't be so quick to assume these macroeconomic developments are necessarily good for the U.S. dollar.

Morgan Keegan & Co. agreed to a $200 million settlement with the Financial Industry Regulatory Authority (FINRA) and five state securities regulators that resolves a civil case brought against the firm last year accusing top executives of defrauding investors by artificially inflating the value of mortgage-backed securities in several of its mortgage bond funds.