Investment products

California Gov. Jerry Brown’s quick veto of the budget adopted by the Legislature last week has renewed concerns about the state’s cash flow amid another long ­delay.

Is a mutual fund company responsible for the statements made in a prospectus for one of its funds? Is the manager of the fund? Possibly not, in either case.

BlackRock sees U.S. growth coming this year. Hays Advisory sees profits for U.S. manufacturing as the currencies of emerging markets strengthen. Raymond James says the markets are making a low and will turn up. Barclays doesn¡¯t expect to see more Fed stimulus. But Glenmede sees increased risk of a U.S slowdown.

A new report from Morningstar looking at May’s fund flows adds further evidence that investors are growing less enchanted with equities in favor of more conservative assets.

In anticipation of the U.S. dollar's declining value, many investors are busy adjusting their portfolios to get more exposure to other major currencies. But a new research report from Merk Investments suggests that they may not be nearly as diversified as they need to be.

Overall, hedge funds had generally positive performance numbers since January. But May numbers, when isolated, told a much different story.

Citigroup has completed an "extensive upgrade" of its electronic trading infrastructure and now says it is providing institutional clients with continuous, 24-hour access to global markets.

Average daily volume in stock trading is averaging 7.6 billion shares this year, according to a rundown of statistics at the market structure panel run Tuesday by Richard Repetto of Sandler O'Neill, the respected industry analyst. Once upon a time, they would call this a doldrum.

Direxion has launched five new daily leveraged and inverse exchange-traded funds, focused on sectors that have attracted large assets and have high trading volume.

A panel of JPMorgan Chase strategists and portfolio managers this week made it clear that while there are opportunities for equities investors in the U.S., there are better options in both developed international equities markets and in emerging markets.

Orange Business Services said it launched an online store for selling applications that can run on its intelligent trading turret devices. The apps will run on its Open Trade smart turret, introduced in 2010 and intended to be used as a “personal trading assistant.''

A new survey from Polachi Inc., a Framingham, Mass.-based executive recruiter for clean technology and venture capital firms, found that 77% of venture capital executives are more confident and optimistic about their industry today than they were a year ago.

The 1976 film “All the President’s Men” made famous the line "follow the money" and inspired an entire generation of muckraking journalists. Now some analysts at Standard & Poor's are saying their research shows this philosophy could also serve as a good starting point for identifying strong-performing mutual funds.

IndexIQ this week launched a new exchange-traded fund (ETF) for investors looking for exposure to small-cap real estate stocks and real estate investment trusts (REITs).

Former Philadelphia 76ers President Pat Croce and his wife Diane have scored more than $2 million in an arbitration award tied to principal protected notes originally issued by Lehman Brothers Holdings Inc.

The Hartford is betting that enhancements to its variable annuity suite will pull it ahead of competitors in the race to offer investors secure retirement income options.

Investors' infatuation with both exchange-traded funds (ETFs) and dividend-paying stocks helped Global X Funds' new SuperDividend ETF fly out of the gates in its first trading day last week.

The stars in the world of socially responsible investing are companies like Pax World, Parnassus and Ariel, which have leveraged the model to gain billions of dollars of assets under management.

Slowing economic growth abroad combined with the Eurozone debt crisis pushed commodities lower in May after months of strong, sustained gains.

Seeking to make it easier for financial planners and investors to analyze the vast mutual fund universe, Morningstar announced Thursday that it would soon launch forward-looking, analyst-driven fund ratings.