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On May 14, 2012, PIMCO Total Return Fund saw inflows of $2.7B in April, according to data from Morningstar.

If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.

Advisors and executives from across the financial industry descended on Chicago for the 2012 NAPFA National Conference. Check out some of the images from the event from our correspondent, Mike Byrnes.

Investors may not realize that recent higher dividend trends bode well for investment returns

On May 14, 2012, Jefferson National added a handful of alternative mutual funds to its VA lineup.

Botsford Group specializes in asset protection strategies, and manages clients’ investing through its proprietary Lifestyle Driven Investing approach.

On May 14, 2012 Putnam added eight external wholesalers to its sales force.

Michael Schanna was hired by Northern Trust’s wealth management team in Orange County, Calif., as a senior wealth strategist.

If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.

The SPDR S&P 500 ETF suffered the largest net redemption of the group followed by iShares MSCI Emerging Markets Fund.

Financial firms can ‘outsource’ almost any operation, from reporting to trade processing to customer support, to the computing cloud, anywhere in the world.

Mutual fund operators are beginning to use cloud services offered by NYSE Euronext, in its 10-month old launch of a platform for worldwide use of computing resources by financial firms.

Boston-based MFS Investment Management set new record sales last quarter, according to its latest earnings report, issued by Canadian parent Sun Life Financial.

Retail investors continue to rank credit quality high at the top of their list of criteria when shopping for municipal securities, whether they be individual bonds or tax-exempt bond funds.

The $2 billion loss not only helped proponents of a tougher Volcker Rule and punctured the myth of CEO Jamie Dimon's infallibility. It also strengthened calls from regulators like Tom Hoenig for stronger action against big banks.

The Dow Jones Industrial Average dropped another 34.44 points to finish at 12,820.60 Friday, its worst one-week performance of the year.

On May 11, 2012, Boston-based MFS Investment Management said it set new record sales last quarter, according to its latest earnings report, issued by Canadian parent Sun Life Financial.

Deutsche Bank today revealed that its management board, which initiated a strategic review of its global Asset Management division on November 22, 2011, has switched gears

Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.

There are a growing number of advisor-focused "value-added programs" that fund firms are using to lure top producing and other advisors to sell their wares to investors.