Portfolio

Nasdaq OMX Group less than a month ago announced plans to re-launch its PSX exchange as a "better trading venue" for exchange-traded funds, notes and other related products.

Muni bond mutual fund flows, which are viewed by many as a proxy for demand, recorded outflows for the week ending April 3, Lipper FMI numbers showed.

Pimco's 13-month-old exchange-traded fund is attracting more cash than the firm’s flagship Total Return mutual fund as investors join Bill Gross in preferring ETFs for bond investing.

Amazon.com is the type of stock that most growth managers have loved the past several years.

Curian Capital has added Gabriel Burstein as head of the Investment Strategy group.

Private-equity firms, the exclusive money managers overseeing $3 trillion worldwide for the wealthiest investors, are discovering a new type of client: ordinary people.

Franklin Templeton is the most recent fund manager to target the growing emerging markets bond fund category with the launch of the Templeton Emerging Markets Bond Fund.

MFS Investment Management has rolled out Class R5 shares for 40 of its US mutual funds. Class R5 shares allow MFS to offer a lower-cost share class option to plan sponsors of—and advisors working with—qualified retirement plans, including 401(k) plans. Class R5 shares, unlike many other share classes, do not pay sub-accounting fees.

Despite their growing optimism, most small and mid-sized business owners are planning to hold off hiring for the next six months.

Los Angeles-based Causeway Capital Management has named Foster Corwith and Alessandro Valentini as portfolio managers. Corwith and Valentini will join Causeway's six current fundamental portfolio managers in managing client portfolios on a team basis.