Portfolio

Creating a will is not a last-minute endeavor, but one that requires deliberate planning.

Finding something, anything, or any combination of investments that can generate an annual return of 5% on assets is a challaenge, as baby boomers retire at the rate of 10,000 per day.

Invesco, owner of the Invesco, Van Kampen and PowerShares funds, said first-quarter profit rose 15 percent as record client deposits lifted assets.

Investors plunged back into bond funds with gusto for the week ended April 24, after two consecutive weeks of taking their foot off the petal, according to estimates from the Investment Company Institute.

“We are seeing good cyclical improvement,’’ Mary John Miller, Under Secretary for Domestic Finance in the U.S. Department of the Treasury. told the general membership meeting of the Investment Company Institute in its policy forum Wednesday. “Now e need to tackle longer-term structural improvement.’’

Speakers and attendees alike had plenty to say about the merits of an active management approach to investor assets at the annual conference of he National Association of Active Investment Managers. The following are some of the smartest things overheard at the conference.

From athletes who abuse illegal substances in order to win to business executives who lie on financial statements to boost profitability, examples of cheating are all around.

“We are seeing good cyclical improvement,’’ Mary John Miller, Under Secretary for Domestic Finance in the U.S. Department of the Treasury. told the general membership meeting of the Investment Company Institute in its policy forum Wednesday. “Now e need to tackle longer-term structural improvement.’’

David Silver, who served as president of the Investment Company Institute from 1977 to 1991, has died.

Investors plunged back into bond funds with gusto for the week ended April 24, after two consecutive weeks of taking their foot off the petal, according to estimates from the Investment Company Institute.