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Broker-dealer Investment Professionals Inc. (IPI) and wealth management research and technology provider FundQuest have launched an enhanced managed accounts platform called Private Asset Management.

Morningstar has unveiled a new portfolio management and performance reporting services for broker/dealers called Morningstar Portfolio Management, and already, Primerica’s investment division PFS Investments has signed up to offer the service to its 22,000 reps.

European Union talks on granting hedge funds a Continental passport to do business and subjecting them to oversight by the new securities regulator has hit an impasse, The Wall Street Journal reports.

The Department of Labor’s Employee Benefits Security Administration will require 401(k) plans starting Jan. 1, 2012 to clearly spell out all fees and expenses each quarter so that investors can more readily compare the costs of their holdings.

Fidelity helped transition 120 breakaway advisers to the independent model in the first three quarters of this year, down 30 from a year earlier, according to Michael Durbin, president of Fidelity Institutional Wealth Services.

Van Eck Global has launched the Market Vectors China ETF, a U.S.-listed exchange-traded fund that tacks the performance of the CSI 300 Index from China Securities Index Co. to give investors exposure to the A-shares traded on China’s two main exchanges in Shanghai and Shenzhen. These shares account for 72% of China’s equities, whereas H-shares, or shares traded on lesser exchanges in Hong Kong and elsewhere, account for 13% of China’s total equity market.

Seeing an increased appetite for munis from individual buyers, Fidelity Investments has ramped up its underwriting capabilities in recent years, saying it wants to give clients quicker access to new product with better prices and more transparency.

Market data provider Nanex of Winnetka, Ill., says Waddell & Reed was not the driving force behind the May 6 Flash Crash.

The municipal bond mutual fund industry grew by the smallest amount last week, for the first time since June as investors handed over the smallest slug of new money, with intermediate-term muni bonds absorbing the biggest hit.

The economy is outright preventing or dissuading many American workers from saving for retirement, according to an analysis of U.S. Census Bureau data by the Employee Benefit Research Institute.

Two European companies said Wednesday they will work together to market and implement market data services for fund reporting in Germany, Austria and Switzerland.

Putting a limit on how far an individual stocks could move up or down in a given time period may be more effective than the circuit breakers that are being tested on the nation's stock exchanges, according to a panel of executives from the four exchange operators at the Capital Markets Consortium in New York Tuesday.

Expert investors and analysts have been saying it for years: Economies in the emerging markets have become so sophisticated that the so-called frontier markets are becoming the place to find richer yields.

In their search for financial security, younger insurance policyholders are finding what they need in whole life insurance policies.

More financial advisers are likely to offer exchange-traded funds now that TD Ameritrade is heating up the price wars by eliminating commissions on 101 ETFs.

Eaton Vance Management has launched the Eaton Vance Richard Bernstein Multi-Market Equity Strategy Fund, which will be managed by Richard Bernstein, chief executive officer and chief investment officer of sub-advisor Richard Bernstein Advisors.

The Investment Company Institute’s board of governors has elected its chairman, Edward C. Bernard, vice chairman of T. Rowe Price, to serve a second one-year term.

Morningstar said it had added mutual fund data to its QuoteSpeed service, which provides market data in real-time to corporate and individual investors.

I hadn't been at the lunch table more than 20 minutes. And my tablemate - the chief regulatory officer for a stock exchange based in Kansas - might as well have just said, "put a fork in it."

Heartland Financial, a diversified financial services company that provides wealth management and banking services, has hired Brian J. Fox as executive vice president of operations, in charge of information technology, deposit operations, treasury management, customer support and human resources. Fox replaced Edward H. Everts, who is retiring on Oct. 16 after 18 years with the company.