Special Program Root Tag

Global investors have tempered their optimism about the U.S. and world economies and plan to put less of their money in commodities and more into cash, a quarterly poll of 1,263 investors, analysts and traders who are Bloomberg subscribers found.

Edward Jones has added UMA Models to its advisory platform for its 12,000 advisers, Edward Jones Advisory Solutions.

Because seniors are living longer, they are more concerned than ever about inflation, interest rates and rising healthcare costs, a survey by the Society of Actuaries found.

Morningstar has added 10 alternative investment categories to its classification system, eight of which cover exchange-traded funds and two the broad universe of funds.

Unless automatic enrollment in 401(k)s and other defined contribution plans becomes universal and savings deferral rates increase substantially, people are going to have significant shortfalls in their retirement nest eggs.

BNY Mellon has hired Mitchell Harris as president of its investment management division.

Securities and Exchange Commission, money market fund, money fund

Many fund managers still exist who prefer to handle middle- and back-office work with in-house staff.

WASHINGTON-The U.S. debt, $9.5 trillion in 2010, could reach $25.9 trillion by 2021 if not kept in check. This was the warning of Erskine B. Bowles, former White House chief of staff, and Alan K. Simpson, former Senator from Wyoming, who are co-chairs of the National Commission on Fiscal Responsibility and Reform, speaking at the Investment Company Institute's General Membership Meeting here.

FINRA has hit Wells Fargo Advisors with $1 million in fines for delayed delivery of prospectuses to its mutual fund customers and required regulatory disclosure information about its representatives.

WASHINGTON-Asset management firms must have a presence on social media if they want to remain relevant to financial advisers and investors, according to speakers on the Investment Company Institute's "Using Social Media in Fund Communications" panel during its 2011 General Membership Meeting here.

The Bloomberg Consumer Comfort Index fell to -46.9 in the week ended May 8, as rising gas prices are making Americans worried about their personal finances. This was the index’s worst reading since March, Bloomberg said. The comfort index’s range is from -100 to +100.

Janus has launched the Janus Real Return Allocation Fund, which seeks to provide total returns in excess of the rate of inflation over a full market cycle. Janus will co-manage the fund with Armored Wolf.

Fund investors added $27 billion to U.S. stock and bond funds in April, up from the $23 billion they invested in March, according to Strategic Insight.

BOSTON - In today’s turbulent world, there will be plenty of investment opportunities, but also plenty of risk.

Market research firm TNS’ Investor Confidence Index, based on an early April survey of 1,551 adults with investable assets of $500,000 or more on their expectations for the next six months, declined to 113 from 119 in January.

Trust in the U.S. financial system has fallen to 20%in March from 26% in December, as measured by the Chicago Booth/Kellogg School Financial Trust Index, which surveyed 1,007 adults to obtain the reading.

Orinda Asset Management has launched the Orinda Multi-Manager Hedged Equity Fund, a fund that seeks long-term capital appreciation with an emphasis on risk-adjusted returns and reduced volatility.

Van Eck Global has launched the Market Vectors LatAm Aggregate Fund ETF, which will track the BofA Merrill Lynch Broad Latin America Bond Index.

Vanguard has reduced the investment minimum on its 12 Target Retirement Funds from $3,000 to $1,000. Previously, only the Vanguard STAR Fund, a balanced fund-of-funds, had a minimum of $1,000.