Portfolio

New rules to reduce risk in money-market mutual funds will be proposed in the next two months by the U.S. Securities and Exchange Commission, which won’t be slowed by a leadership change, a commissioner said last week.

Richard Weil, chief executive officer at Janus Capital Group, had his compensation reduced 19% to $4.98 million in 2012 as investors withdrew $12.1 billion from the firm.

The Securities and Exchange Commission is getting social.

As a financial advisor to numerous types of clients, including recent retirees, I often think deeply about the issues my clients face in this market environment.

Pimco's 0-5 Year High Yield Corporate Bond ETF reported $204.1 million of inflows on April 8, the same day the SPDR Barclays High Yield Bond ETF recorded its second-biggest daily redemption since its inception more than five years ago, equal to about $378 million worth of shares, Bloomberg reports.

The job market in asset management may not be back to pre-crisis levels, but hiring will likely pick up after second quarter earnings reports, says recruiter George Wilbanks, president of Wilbanks Partners.

Eaton Vance has proposed a new form of fund that is a hybrid between a mutual fund and an exchange-traded fund, called an exchange-traded managed fund (ETMF).

New York-based Krane Funds Advisors is prepping a series of passive exchange-traded funds to add to the growing list of ETF products in the market

Richard Weil, chief executive officer at Janus Capital Group had his compensation reduced 19% to $4.98 million in 2012 as investors withdrew $12.1 billion from the firm.

Memphis, TN-based SouthernSun Asset Management is closing its SouthernSun Small Cap Fund (SSSFX) to new investors on May 17, according to a regulatory filing.