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Having made changes to the fund’s investment capacity, the $6.6 billion Eaton Vance Macro Absolute Return Fund is reopened to additional investments.

The Department of Labor on Monday issued final rules on investment advice in 401(k) plans, largely in line with its initial definition of advice.

The Securities and Exchange Commission is warning financial firms that following the spirit of the law is just as important as the letter of the law.

A Bank of America Merrill Lynch survey of global fund managers makes it abundantly clear that just about everyone is sure Greece will default on its foreign debt obligations. And while this isn’t good news, the view from top money managers is that this eventuality has already been priced into the market and most are more optimistic about the global economy than they were last month.

Announcing changes that will likely affect wealth managers helping clients with tax planning, the IRS said earlier this week that many tax benefits for the 2012 tax year will increase due to inflation adjustments.

Putnam Investments is addressing the need for customized retirement income withdrawal strategies through the launch of the Putnam Retirement Income Lifestyle Funds, a suite of three income-oriented mutual funds, and a Retirement Income Analysis Tool.

The Securities and Exchange Commission has designated the Financial Industry Regulatory Authority as the agency to develop and maintain the system for hedge fund advisors to receive new registration forms for hedge fund advisers, for a filing fee of $150.

Last week, the Financial Stability Oversight Council voted to proceed with rule-making that provides regulators with greater authority to oversee financial companies that are not banks but have more than $50 billion in assets and $20 billion in debt.

Brown Brothers Harriman & Co. has appointed Rafael Febres-Cordero managing director and head of its international wealth management business, in a push to expand its international business. Febres-Cordero is a 20-year veteran of the financial services industry and spent the past 14 years at Fidelity Investments in a variety of positions, including as managing director of Fidelity's private equity division, Devonshire Investors. He was also managing director, Southern Europe & Latin America at Fidelity Investments International.

At the start of October, the Investment Company Institute announced it was going global.

The wealth management sector hasn't exactly been blazing the trail when it comes to integrating sleek new mobile devices into the workflow. But that slow ship is beginning to turn, according to a study from the research firm Aite Group.

The financial crisis of 2008, when the S&P 500 lost 38.5% in value, and the ensuing market volatility in the three years since have served as a sobering wake-up call for the wealth management industry.

Transition management-it's the term used by custodian banks and other service providers to describe how they move the assets of a pension plan or other plan sponsor from one fund manager to another.

FPA has launched the International Value Strategy portfolio, with plans to roll out a mutual fund version in the near future.

It’s a brave new world for investors, according to Natixis Global Asset Management President and CEO, U.S. and Asia, John Hailer. Amid the market volatility that has spiked this year, investors need alternative investments that are uncorrelated to the markets in order to build what Hailer calls “durable portfolios.”

The Conference Board Leading Economic Index rose 0.2% in September to 116.4 (2004 = 100), following a 0.3% increase in August and a 0.6% rise in July.

Global regulators on Thursday came up with a plan for securities watchdogs to monitor high-frequency trading, but fell short of draconian measures.

NEW YORK—Asset managers looking to be included on sponsor brokerage platforms need to focus on one core value: relationships.

NEW YORK—Following periods of market turbulence, investors always look for transparency and liquidity, which will inevitably attract more assets to the $1.2 trillion exchange-traded fund industry, speakers at the Money Management Institute Fall Solutions 2011 conference said Wednesday.

Exchange-traded funds have become the latest investment product to fall under the Securities and Exchange Commission's radar.