Portfolio

New issuance of long-term municipal bonds continued to rebound in March from last year’s relatively anemic figures, surging 82.5%.

Lazard Asset Management LLC has launched the Lazard Global Fixed Income Portfolio targeting both institutional and individual investors.

The Hartford is relocating the headquarters of its mutual funds business to Radnor, Pa., in a complex where Wellington also has an office. It also plans to hire as many as 50 new sales people to this office.

Discount brokerage Charles Schwab Corp is reviewing whether to add a warning when a customer is about to trade certain exchange-traded products, in one of the strongest warnings yet for retail investors about these esoteric securities.

Expanding its relationship with Wellington Management, The Hartford is relocating the headquarters of its mutual funds business to Radnor, Pennsylvania, in a complex where Wellington also has an office. It also plans to hire as many as 50 new sales people to this office, adding to the already existing 100 person force nationwide, to support sales of its funds in the advisor-sold and defined contribution investment only (DCIO) channels. .

Despite wildly different 10-year returns, international stock funds all have similar impact in a 12-asset portfolio.

Wealthy clients are more likely to be sued, but excess personal liability insurance doesn't have to cost a fortune.

One reader took exception to a line in the article, "The Rich Rush To REITs," which appeared in the March 2012 issue of On Wall Street. The reader writes:

As it turns out, losing to the S&P 500 last year wasn't quite as shameful as we thought.

A three-part plan that enables advisors to go beyond basic financial planning.