Subject Root Tag

On August 10, 2012, U.S. debt yields put you asleep. But you better be on your toes, with the adventure involved in emerging market bonds.

Global investors are betting on a short-term bounce in equities, boosted by expectations that the European Central Bank will engage in so-called quantitative easing by the year end, a Bank of America Corp. survey showed.

Howard C. Greene, the lead portfolio manager for the John Hancock Bond Fund, has just passed the 10-year milestone at the helm of the $1.4 billion fund.

The Value Line Asset Allocation Fund has been added to the Schwab Mutual Fund OneSource Select List. It's one of seven asset allocation funds among the 23 third-party funds selected for the "additional fund categories" section of the OneSource Select List.

Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.

Bond fund sales grew at a record pace with $350 billion in net inflows during the first half of 2012, according to Strategic Insight, a New York-based research firm. The trend is most dramatic in Europe, where investors are migrating to high-yield, emerging and global debt, according to the firm.

FINRA has reconstituted its board of governors, adding three new members and re-appointing three others.

The Dow Jones Industrial Average slid 38.52 points to close at 13,169.43 - ending a six-day winning streak. The S&P 500 also trimmed 1.76 points to finish at 1,404.11 and the Nasdaq inched up 1.66 points.

In the first half of 2012, tons of cash flowed out of non-qualified annuities, according to the Depository Trust & Clearing Corp.

The Bockhold-Voorhees wealth management group joins RBC as recruitment picks up at the Newport Beach, Calif. office. The Bockhold-Voorhees Wealth Management Group, including Tim Bockhold, Bob Voorhees, Maureen Ortiz and Kathleen Carroll, have moved from Wells Fargo to RBC Wealth Management's Newport Beach, Calif., office, which spans from San Diego to Beverly Hills and out to the desert. .

Bond fund sales grew at a record pace during the first half of 2012, according to Strategic Insight. Equity funds recorded net redemptions in aggregate.

Money-market fund companies obtained permission to support 155 of their funds during the financial turmoil of 2007 and 2008, and six more funds got the same go- ahead since the crisis, according to a list provided to Congress by the U.S. Securities and Exchange Commission.

The Value Line Asset Allocation Fund has been added to the Schwab Mutual Fund OneSource Select List. The fund is ranked in Lipper's top 12% for the 10-year period.

Market timing and late trading scandals in 2003 led to a substantially more demanding regulatory environment. This has included the adoption of a rule requiring funds to designate a compliance officer and implement a comprehensive program for complying with federal laws and regulations on investment fund operations.

By providing cheaper initial premiums and offering frequent buy-ups, insurer looks to attract healthy adults currently suffering budgetary constraints.

Veteran advisors Vann Wilder and Van Martin are taking their $300 million team from Morgan Stanley to Raymond James Coral Gables, Fla. office.

About 35% of women report using a financial advisor and another 35% who don't use an advisor would consider doing so, according to a new survey from Prudential Financial.

Setting up a mutual fund in China or India may be appealing to U.S. fund companies because of the growing affluence and high savings rates in those countries. But it is a long and multi-faceted process.

The last decade has been rough for the mutual fund industry. This means boards of directors must have the tools for overseeing compliance and take on the oversight.

Julius BaerGroup Ltd., the Swiss money manager established in 1890, agreed to pay about 860 million Swiss francs ($880 million) for Bank of America Corp.'s Merrill Lynch wealth management business outside the U.S.