Investment products

Raymond James Financial Services, Inc. has promoted Jamie Kosharek to southeast regional director for the Financial Institutions Division.

The Dow Jones Industrial Average shed 43.90 points to finish at 13,197.73 Tuesday with most of the losses coming in the last couple hours of trading.

OTC Markets Group said its net income increased 69 percent in 2011, on a revenue jump of 18 percent.

The Dow Jones Industrial Average stormed up 160.90 points to 13,241.63 Monday after Fed Chairman Ben Bernanke indicated the central bank might continue easing its monetary policy to support the economy if the nation’s high unemployment rate remains unchanged.

According to the 2012 Consultant Search Forecast, four major themes are now affecting investor decisions when they shop for asset managers: steady income; globalization; alternative investment and liability-driven investing by corporate pension plans.

The Dow Jones Industrial Average picked up 34.59 points to close at 13,080.73 Friday, wrapping up a week that saw both the Dow and S&P 500 post their largest weekly losses of the year.

John Hancock has launched an ad campaign reaching out to financial advisors, focusing on the position of trust many enjoy with their clients.

The Dow Jones Industrial Average lopped off 78.48 points to finish at 13,046.14 Thursday as investors reacted to some disconcerting economic data at home and abroad.

When Moody’s Investors Service put the short-term credit rating of Bank of America under review for a downgrade back in February, that stirred up the water for tax-exempt money market funds.

Despite promising signs of a recovering market, a new survey finds that nearly six in 10 investors are waiting for conditions to improve before making investment decisions.

The Dow Jones Industrial Average shed 45.57 points to finish at 13,124.62 Wednesday while the Nasdaq rose 1.17 points to close at 3,075.32.

U.S. equity funds take a lashing, posting estimated outflows of $2.88 billion for the week ended March 14.

PIMCO and the Vanguard Group received the highest favorable ratings from prospective institutional investors among leading asset managers, according to a new study released by Cogent Research.

Researchers have developed a model that uses data from Twitter to help predict the volume and value of a stock in an upcoming trading session.

The Dow Jones Industrial Average shed 68.94 points to close at 13,170.19 Tuesday while the Nasdaq and S&P 500 lost 4.17 points and 4.23 points, respectively.

The March survey of fund managers found that 23% of investors expect a stronger global economy during the next 12 months.

What exactly makes an alternative mutual fund “alternative”? According to Cindy Erickson Zarker, director at research firm Cerulli Associates, the definition of what constitutes an alternative investment fund has changed markedly since 2008.

The Dow Jones Industrial Average picked up 6.51 points to finish at 13,239.13 Monday while the Nasdaq and S&P 500 added 23.06 points and 5.58 points, respectively.

Financial institutions can increase their program revenue by 76% by emulating best practices of top competitors: PrimeVest

California-based investment advisor James Michael Murray allegedly defrauded investors using a bogus report from a fictitious auditing firm to embellish the performance of a hedge fund, according to the SEC.