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Bank of America Merrill Lynch said it will market a broker-neutral trading platform named Thunder, to institutional customers in Asia.

Shaken by high unemployment, market volatility and ongoing concerns about a recurring worldwide recession, U.S. investors have entrusted only a projected $80 billion to stock and bond funds in 2011.

In nearly 90% of high-net-worth households, women are either the sole decision maker or equal partners in decisions on charitable giving, according to a Bank of America Merrill Lynch survey in conjunction with The Center on Philanthropy at Indiana University.

Fidelity Investments has added an automated, end-to-end, web-based validation and notification service to its corporate actions service, ActionsXchange.

Fifty-two percent of executives at asset management firms expect bonuses for distribution and marketing professionals to rise in 2012, and 39% foresee additional hiring, according to a Russell Reynolds survey of 529 executives.

Morningstar is drilling down deeper than ever before when it looks at fixed-income funds, the investment research firm said, announcing the launch of a new fixed-income classification system.

A key difference between prosperous and low-performing financial advisors is how they price their business, a new report from Toronto-based wealth management research company PriceMetrix has found.

Shaken by high unemployment, market volatility and ongoing concerns about a recurring worldwide recession, U.S. investors have entrusted only a projected $80 billion to stock and bond funds in 2011, Strategic Insight reported Monday.

In nearly 90% of high-net-worth households, women are either the sole decision maker or equal partners in decisions on charitable giving, according to a Bank of America Merrill Lynch survey in conjunction with The Center on Philanthropy at Indiana University.

Fidelity Investments has added an automated, end-to-end, web-based validation and notification service to its corporate actions service, ActionsXchange.