Portfolio

Despite a strong fourth quarter that saw assets under management and investment fees surge, T. Rowe Price Group Inc. still plans to follow a more conservative strategy than some its peers.

The ETF Council, a new trade organization for exchange-traded funds that will focus on both marketing and lobbying, is set to launch next month.

Investors Exhale and Look Ahead

Sun Life Financial is announcing the new Sun Life Rising Star Awards program, through will it will provide more than $1 million in grants, scholarships and financial education to thousands of at-risk youth and the non-profit organizations that work on their behalf. The program recognizes high school students who are committed to furthering their education.

Assets under management increased 8.5% over the quarter to $155.2 billion.

One silver lining was the firm’s wealth advisory group.

The online brokerage company wants to add longer-term retirement customers and wealthier clients to its base of day traders.

The Great Recession has prompted an overwhelming majority of American workers to believe it’s time for a new and improved model for workplace retirement programs, Prudential Financial found in a survey.

The Spectrem Millionaire Investor Confidence Index advanced one point in January to -9, marking the sixth straight month it has been in neutral territory. It declined six points in December.

Delaware Investments has launched the Delaware Macquarie Global Infrastructure Fund in partnership with Macquarie Capital Investment Management, sub-advisor to the fund.