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Barclays Bank has launched the iPath U.S. Treasury 5-Year Bull Exchange Traded Note and the iPath U.S. Treasury 5-Year Bear Exchange Traded Note.
July 12 -
Altegris Advisors has launched the Altegris Macro Strategy Fund, which it is characterizing as the “ultimate go-anywhere fund.”
July 12 -
Van Hulzen Asset Management and Witter Partners have launched the Iron Horse Fund, a mutual fund that invests in dividend-paying stocks and uses call options to reduce volatility and create incremental income. Van Hulzen is the fund’s advisor and Witter is its distributor and marketer.
July 12 -
Consumer Reports’ Consumer Sentiment Index rose slightly from 46.2 in June to 48.5 in July but remained in negative territory, as the stagnant job market is making consumers cautious about spending.
July 12 -
Gold prices rallied in U.S. dollars and hit an all-time high in Euros -- a response to Moodys downgrade of Portuguese government debt to junk last week -- amid concern that troubles in Italy and Greece will drive Euro down.
July 12 -
After seeing assets flow out of ETFs in May -- the first time flows have reversed direction since August 2010 -- the ETF Industry saw a 1.4%, or $8 billion, decline in overall assets in June, according to State Street Global Advisors, which just released its latest Snapshot report tracking ETF funds.
July 12 -
UBS Wealth Management Americas has hired Morgan Stanley Smith Barney executive Jon Mallon as director and branch manager for its Santa Rosa, Calif. office.
July 12 -
Americans’ retirement expectations have changed dramatically in the past few years, with a vast majority planning to live more frugally and to delay retirement, SunAmerica Financial Group and Age Wave found in a survey of 1,001 people age 55 and older that was the basis for the “SunAmerica Retirement Re-Set Study.”
July 12 -
The Fidelity tech team has come up with a new way to help prevent independent financial advisors from enjoying their vacations
July 12 -
With a 98% retention rate, USAA Federal Savings Bank seems to have little room to improve customer service. But it's spent the past two years and millions of dollars overhauling systems to do just that.
July 12 -
While some bankers are secretly gleeful the Consumer Financial Protection Bureau does not yet have a director, they are the ones likely to pay a heavy price as a result.
July 12 -
Morningstar has added sophisticated asset allocation and forecasting functionality to Morningstar Direct, its investment analysis platform for institutional investors.
July 12 -
American Beacon Advisors has launched the American Beacon Flexible Bond Fund, which seeks to deliver positive returns no matter what the market direction by investing in a broad range of fixed income instruments.
July 12 -
After a period of booming sales in first quarter of 2011, annuity sales through banks have fallen off significantly, according to a new report by Kehrer-LIMRA, the banking industry research unit of LIMRA.
July 11 -
The new financial advisor team, which operates under the name VWG Wealth Management, includes John Verfurth, Richard Weeks and Jeff Grinspoon.
July 11 -
BlackRock reviews its accuracy for the year so far. Barclays advises on building a muni porfolio. Raymond James sees reasons to buy.
July 11 -
American Beacon Advisors has launched the American Beacon Flexible Bond Fund, which seeks to deliver positive returns no matter what the market direction by investing in a broad range of fixed income instruments.
July 11 -
The tech team at Fidelity Institutional Wealth Services has come up with a new way to help prevent independent financial advisors from enjoying their vacations: a new smartphone app that allows them to open client accounts and do electronic trading for clients from anywhere.
July 11 -
The Conference Board Employment Trends Index gained 0.50 percentage points in June, rising from 99.5 to 100.00—an increase of 5.4% from June 2010.
July 11 -
So whatever happened to that Armageddon in the $475-billion municipal bond fund market?
July 11




