Portfolio

The State Street Investor Confidence Index rose 3.6 points in July 10 119.4, up from 115.8 in June.

After earlier warning that it was concerned about investors holding leveraged exchange-traded funds for 10 days or longer, FINRA, in its latest podcast, appears to be backpedaling.

The Securities and Exchange Commission’s new Investor Advisor Committee, in its first meeting this coming Monday, will discuss mutual fund point-of-sale and broker fee disclosures as well as fee transparency and other disclosures in 401(k) plans.

The Hartford has cut nearly 270 jobs in its investment products division, and more layoffs are expected, The Hartford Courant reports. The division sells variable annuities, mutual funds and retirement plans.

The Alternative Investment Management Association is siding with the U.K. on more lenient rules for hedge funds, private equity and other alternative investments, warning that the proposed regulations in the Alternative Investment Funds Directive “would hit fund managers and investors around the world” by making it difficult for them to access the European Union market.

Despite that at 84%, the vast majority of advisers come into contact with a client with Alzheimer's disease, only 4% of the 350 advisers polled by Fidelity Investments feel they have the tools and training necessary to help those clients.

Haldeman Becomes CEO Of Freddie Mac

Capital Markets Committee Wants Mutual Fund Taxes Deferred

For anyone in a rush to snap up wealth management firms, or who thinks Wilmington Trust Corp. is poised for a buying spree, Ted T. Cecala says think again.

Firms attempting to prepare and strengthen their risk management systems in this rapidly changing regulatory landscape are finding it's a bit like trying to hit a moving target.