Special Program Root Tag

Global X Funds has launched the Global X FTSE ASEAN 40 ETF, which targets the Association of Southeast Asian Nations, comprised of Singapore, Malaysia, Indonesia, Thailand and the Philippines. The fund tracks the FTSE/ASEAN 40 Index.

Fidelity Investments has created an iPhone application of its WealthCentral platform for the 3,000 independent registered investment advisors it serves.

Fund managers are the most bullish they have been on global equities they have been in a decade, with 67% overweight the asset class, according to the February BoA Merrill Lynch Survey of Fund Managers, which surveyed 188 fund managers with total assets of $569 billion under management. This is up from 55% in January and 40% in December.

Fidelity Investments reported Thursday that one-third of all of the Roth IRA conversions it handled for advisers and individual investors occurred in December.

UMB Healthcare Services announced it has seen a significant increase in the number of health spending accounts and expects even more in 2011.

The CFP Board of Standards handed down disciplinary actions against 27 financial planners who use the CFP mark, the board announced.

Let's get straight to the point: If you think your 17-year-old daughter is taking plastic sandwich bags out of kitchen cabinet to hide a cocaine habit, you're wrong.

MIAMI: Try a couple tests, says Shlomo Benartzi, professor and co-chair of the Behavioral Decision-Making Group UCLA Anderson School of Management and chief behavioral economist at Allianz Global Investors.

MIAMI -- There is of course no event going on in America from January 14 through 16 than the 29th annual National Investment Company Service Association Conference & Expo.

MIAMI, Fla. -- Used to be that a mutual fund was a pretty easy product to launch. Line up a set up securities. Buy. Hold. Mix occasionally. Now, managing products such as target-date funds present serious operational challenges, said George Gatch, chief executive officer of J.P. Morgan Asset Management Americas.

India created the outsourcing industry. It pulls in $47 billion a year by "exporting" the contracting in of business processes. It's so identified with the practice, that it even is the subject of an NBC situation comedy, "Outsourced."

PIMCO has launched a distribution platform for financial advisers and individual investors to better serve the retail market.

The Country Financial Security Index rose 0.8 points to 64.9 in February, marking the first time the index has risen at the start of the year since Country Financial began the index in 2007.

MIAMI: The forecasting firms are fairly unified about their expectations for information technology spending by financial services firms in 2011.

American Beacon Advisors has launched the American Beacon SiM High Yield Opportunities Fund, sub-advised by Strategic Income Management (SiM).

NYSE Euronext and Deutsche Borse announced their merger Tuesday morning, creating “the world’s premier global exchange group, the world leader in derivatives trading and risk management, and the largest, most well-known venue for capital raising and equities trading,” the exchanges said.

National Financial signed 60 broker-dealer clients in 2010, which it attributed to the strength of its platform. The new clients include Crown Capital Securities, First National Capital Markets and PNC Investments. Clients that renewed their contracts include Muriel Siebert & Co., Fifth Third Securities and Berthel Fisher & Co.

NICSA 2011: Stock Market Won't Double (Again) In Next Two Years

The date was October 13, 2008. One month after Lehman Brothers was left to twist quickly in the wind and die.

Mandatory cost-basis reporting for mutual funds and dividend reinvestment plans "really touches everything in the organization, according to Ellen Bocina, vice president of product development at Fidelity Investments.