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Omaha, NE-based Tributary Capital Management is reshuffling its investment team on the heels of an impending resignation.

American poitics have entered an “era of bad will,’’ said former White House press secretary Ari Fleischer. Nothing will happen of note on the federal budget until after the next Congressional elections, he forecast.

Schooner Investment Group, the investment adviser to the Schooner Global Absolute Return Fund, is liquidating the alternative mutual fund on March 13, according to a regulatory filing.

Even as Americans struggle to save, with more than four in 10 living from paycheck-to-paycheck and eight percent who say they don’t earn enough each month to pay for essentials, most are confident in their ability to manage their personal finances, according to a recent survey by Allstate.

The SEC mandated a series of money market mutual fund reforms in 2010. Then, Mary Schapiro pushed for more reform in her last two years in office. Now, the Financial Stability Oversight Council has taken up the light sabre. But don’t worry, says Tim Johnson, partner in the Financial Industry Group at Reed Smith, a fund industry law firm.

First Trust Advisors has launched a new actively managed exchange-traded fund to bet on preferred securities and income-producing debt securities, including corporate bonds, high-yield securities and convertible securities.

Affinity says the relationship should help it grow and increase productivity

Target-date funds have an “implicit guarantee” to deliver a particular return by a particular time. Are the funds being marketed responsibly?

The time to help a customer understand the risk in a set of holdings is before a shock hits the market. Here’s how.

Market Vectors has launched the Market Vectors BDC Income ETF.

PIMCO today is launching the PIMCO Foreign Currency Strategy Exchange Traded Fund (FORX) to bet on fundamental changes in global currency markets.

UBS financial advisor Gregory Hersch, number seven on this year’s Top 40 Under 40 list, says that advisors who aspire to do better should become better listeners.

Investment managers unprepared for five more years of slow deposits won’t be protected by an improving economy and a resurgent stock market, according to a new study on the industry.

The Seventh Circuit Court of Appeals has affirmed the dismissal of a class action that sought damages by class members as a result of the 2008 UBS tax evasion scandal.

Who's got the best mutual fund family of 2012? A family that pretty much flamed out in 2011.

Two former Wells Fargo advisors have joined Baird to help open a new office Merritt Island, Fla.

The firm added six advisors and opened a new office in Melbourne, Fla.

After less than a year of striking out on its own, Pyxis Capital is right back to where it started.

Veteran portfolio manager Jeffrey Knight, who recently left Putnam Investments, has turned up at Columbia Management as Head of Global Asset Allocation.

Karl Dasher, Head of Fixed Income at Schroders, will inherit the role of chief executive officer, North America on July 1, 2013 from Jamie Dorrien-Smith, who will retire from the firm.