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Investors poured an estimated $13.17 billion into equity, bond and hybrid mutual funds during the week ended Wednesday, Feb. 8, the largest weekly inflow this year.

Hedge fund manager and long-time gold bull John Paulson cut his gold ETF bullion holdings by about $600 million in the fourth quarter, a second straight reduction that was likely driven by client redemption needs as he remained upbeat on the metal.

F-Squared Investments, an investment firm and RIA, has named industry veteran Mark Marinella, a former executive vice president and Global CIO of State Street Global Advisors, as its new head of investments.

Wave Management AG, the asset management unit of the German VHV insurance group with over €14bn in assets under management, has chosen SimCorp Dimension as its future investment management system

Citi has entered into an agreement with Credit Suisse’s Asset management division to provide a comprehensive suite of milled office, custody and hedge fund administration services to support part of its U.S.-based alternative investments business.

Genworth Financial Wealth Management is the latest firm to announce an upgrade to its online platform, eWealthManager.

The U.S. economy may be growing. But confidence in it isn't, said economic futurist Jeff Thredgold.

Financial exchange operator TMX Group announced that its friendly offer to buy over 90% of the shares of Sydney-based Razor Risk Technologies Ltd. was accepted.

T. Rowe Price has launched a new web-based retirement-planning tool that it says will help investors envision their lives in retirement.

Rethinking Equities and Retirement IncomeThe asset allocation rule of thumb in financial planning holds that an individual’s portfolio should be allocated to equities according to the formula “100 minus his or her age.” For a retiring 65 year old, this would mean a 35% equity allocation. The logic behind the rule is simple: as people get older, they should dial down…