Investments

The Charles Schwab Corp. has closed its acquisition of ThomasPartners.

Morningstar today reported that stock mutual funds shed another $14.1 billion in November and are on pace to surpass 2008’s record outflow of $96.7 billion.

Arden Asset Management has expanded its offerings of customized hedge fund solutions.

Putnam Investments has created a new, dedicated Defined Contribution Investment-Only website to further bolster its DCIO business.

AdvisorShares today officially announced that the Pring Turner Business Cycle ETF will open for trading on Wednesday, December 19.

BlackRock is putting the "i" into iShares.

For several months hedge funds have been accused of luring top talent away from banks and other financial institutions. This is partially due to the fact that banks are not what they used to be; the salary, stability and bonus packages have greatly decreased. Hedge funds have been more than welcome to fill the void.

The good news for the merger and acquisitions market in 2012? Corporate profit margins have soared.

Fiscal cliff? What fiscal cliff?

The fiscal cliff negotiations have brought taxes to the forefront of people's minds. What does it all mean for municipal bonds as an asset class?

More than 100 women advisors are gathering Monday in downtown Boston for SourceMedia's Women Advisors Forum to network with successful peers and learn leading strategies for attracting female clients, practice management, rethinking retirement and more.

Legg Mason is buying itself an early Christmas gift.

Financial organizations are pressured to shorten monthly reporting timeframes to achieve operational efficiency and reduce the time to produce detailed financial summaries.

Exchange-traded funds have had a banner year, reaching a new peak of $1.7 trillion in assets held, at the end of November. That's a gain of 24.5%, from last year. And a doubling from four years ago.

While the bloom is still on the alternative mutual fund rose, 2012 hasn't been as kind to alternatives as in years past.

BNY Mellon Chairman and Chief Executive Officer Gerald Hassell today unveiled several executive appointments to boost its investment management and services units.

Putnam Investments is looking to hire three defined contribution investment only wholesalers to join its DCIO sales team.

Fiscal cliff? What fiscal cliff?

While the overwhelming majority of advisors are bullish about 2013, they say their clients aren’t so positive.

State Street Global Advisors is prepping to launch a managed futures mutual fund early in 2013.