Portfolio

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.

On May 18, 2012, Investors snubbed U.S. stock mutual funds yet again, according to the latest statistics from the Investment Company Institute.

Indexed annuities were one bright spot in the market, hitting $8.1 billion in sales, up 14% from the year-ago period.

Cantor Fitzgerald has hired five investment professionals to expand its presence in emerging markets in Latin American, with a particular emphasis on Brazil.

The Women Advisors Forum in New York on April 26 marked the second conference of a six event series touring the country this year. Check out these photos for highlights from networking opportunities key sessions on career advancement, recruitment, investing, social media and more. And stay tuned for more on upcoming events in Dallas, Chicago, Boston and Southern California.

On May 18, 2012, The Hartford unveils its latest chief investment officer.

Altegris Advisors has launched the Altegris Equity Long Short Fund (ELSAX), designed to generate and capture alpha on the long and short side of the equity markets, predominantly US stocks.

The hunger for paper and search for yield in the municipal market reached their limits this week.

As the brokerage is learning with Joe Ricketts, even a casual connection to a founder or former CEO can carry reputational risks in the social media age.

On May 17, 2012, Brendan Clark was named president of Clark Capital Management Group, taking over for his father, Harry Clark, who founded the firm and will continue as chairman and chief executive officer.