Portfolio

Morningstar, Inc. recently filed a comment letter with the Securities and Exchange Commission urging the regulator to require target-date series to provide more details on how the investments are managed and structured.

State Street Global Markets today said that its broker dealer omnibus trading capabilities have been added to its Fund Connect money market fund trading platform.

Morningstar has launched Annuity Intelligence, a web-based research and evaluation tool for advisors and broker-dealers charged with finding the best variable annuity products for their clients.

WASHINGTON, D.C. - Mary L. Schapiro did not 'break the buck' at the annual membership meeting of the Investment Company Institute.

Trading opened a half hour late Friday. Orders placed on its IPO Cross system did not get delivered to the market. For about two hours, Nasdaq could not issue quotes on Facebook shares. And, yet, it continued trading in Facebook shares, a possible violation of Regulation National Market System.

Over the past year, nearly 70 mutual funds have snapped up pre-IPO shares of Facebook on private markets ahead of its IPO today, CNNMoney reports.

The Dow Jones Industrial Average shed another 73.11 points to close at 12,369.38 and Facebook’s much-hyped initial public offering failed to prop up the downtrodden tech sector as the Nasdaq dropped 34.90 points to finish at 2,778.79.

Charles Schwab's Retirement Plan Services unit in January made waves by going passive.

On May 18, 201, Invesco’s Small Companies Fund will change its name to...

Andrew Engel, a portfolio manager at Minneapolis-based Leuthold Weeden Capital Management, passed away on May 9, according to the firm.