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Prudential Investments has launched a long-term growth equity fund that invests in companies from a broad range of countries, including emerging markets.

The majority of advisors (53%) said they measure performance based on longer-term goals, while they feel clients are focused on the short term. Clients are also more pessimistic about the markets yet they feel their own portfolios will do relatively well.

PIMCO’S Douglas M. Hodge, managing director and COO of PIMCO, on the debate around how much investment managers should incorporate social responsibility into their investing decisions on behalf of clients.

Retirement executives at Fidelity Investments today have a few billion reasons to smile. That’s because the plan provider has renewed its contract with Raytheon Company, a technology and defense company, through 2017. The two companies have a 20-year relationship that began in 1992.

If an industry-wide fiduciary standard is adopted, what might the practicalities of meeting that standard be? Citi’s financial services unit has some possible technology-based answers to this question.

Russell Investments has launched two exchange-traded funds focusing on high dividend yield investments in American companies.

Nearly 54% of mutual funds taking part in a Bonaire Software Solutions study on distributor rebate payments said that tracking and reconciliation is their biggest challenge.

ING has released a new mobile application that allows ING retirement plan participants to access and manage their retirement plan account information in transit.

PIMCO's Bill Gross decided to take the active management he used to make the firm's Total Return Fund the largest mutual fund extant and apply it, with some variation, to bonds that could be traded at any time in an exchange-traded fund.

Van Eck Global is stirring up another exchange-traded fund in the form of the Market Vectors Global Chemicals ET, which will bet on U.S. and non-U.S. chemical concerns.

Chicago-based brokerage and investment advisory firm David A. Noyes has hired an executive away from Fifth Third Bank to join the ranks of its wealth advisors as a vice president.

Private company share trader SharesPost and its chief executive, Greg Brogger, have agreed to pay penalties, of $80,000 and $20,000 respectively, to settle charges that the firm facilitated securities transactions without registering with the SEC as a broker-dealer.

Van Eck Global is stirring up another exchange-traded fund in the form of the Market Vectors Global Chemicals ET, which will bet on U.S. and non-U.S. chemical concerns.

Kenneth Burd has joined Delaware Investments as vice president, head of internal sales, responsible for managing the 15-member internal sales desk, which supports the firm's retail sales efforts. Burd started his position on March 5.

On March 1, Bill Gross, co-founder of the Pacific Investment Management Company, officially crossed the line and fired his opening salvo in the exchange-traded fund business.

The Dow Jones Industrial Average moved up 16.42 points to close at 13,194.10 Wednesday. The tech-heavy Nasdaq inched up 0.85 points to 3,040.73 while the S&P 500 lost 1.67 points to end at 1,394.28.

WisdomTree Investments, Inc. is visiting the NASDAQ MarketSite in Times Square on Thursday with Western Asset Management Company, a subsidiary of Legg Mason, to celebrate the launch of the WisdomTree Emerging Markets Corporate Bond Fund.

ING today released a new mobile application that allows ING retirement plan participants to access and manage their retirement plan account information in transit.

Fixed-income funds see the biggest cash inflow.

La Jolla, Calif.-based Altegris is looking to beef up its managed futures mutual fund, dubbed the Altegris Managed Futures Strategy Fund, a fund of funds, by adding two more managers to its stable.