Investments

All indicators are pointing to a slow progress for the U.S. economy following the November election, while the stock market should continue to reap 8% to 9% returns over the course of this decade, one portfolio manager predicted Wednesday.

Northern Trust has launched the Northern Multi-Manager Global Listed Infrastructure Fund (NMFIX) to bet on infrastructure companies listed on a domestic or foreign exchanges, including emerging and frontier markets.

Mutual fund shareholders are paying their managers less today in fees than they were 20 years ago or even last year.

Jeffrey Gundlach, the chief executive officer of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork.

Investors are less aggressive than their advisors' risk profile assumes them to be, according to Cerulli. In fact, "many investors simply have no desire to endure ongoing market volatility," the report said.

Business owners below the age of 45 are more bullish on their growth prospects compared to their elder counterparts, according to the Western Union Small Business Barometer.

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Cornerstone Capital Management, which currently serves as investment adviser to the Keystone Large Cap Growth Fund has entered into an agreement to sell the fund to New York Life Investment Management

Investor confidence in North America continued to weaken in September, according to State Street's Investor Confidence Index. The index fell by 3.2 points in September to 81.1 from a month earlier.

Jeffrey Gundlach, the chief executive officer of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork.

The 361 Absolute Alpha Fund has lowered its management fee from 165 basis points to 125 bps, effective Oct. 1

Even with a forecast for modestly stronger growth for the rest of the year, Barclays still sees a looming fiscal cliff negatively hitting U.S. gross domestic product into 2013.

Lynette DeWitt, former Research Director - Financial Product Development, Marketing, & Distribution, at Boston Financial Data Services, has left the firm.

After rallying 16% this year, the S&P 500 Index closed last year at its highest point since 2007, as investors celebrated news that central bankers were riding to the world's rescue with yet more stimulus. But is it too far too fast?

Traditional mutual funds may have recovered the ground they lost in the market turmoil of 2008, but even so, investors are not convinced that active management gives the best bang for their buck.

The U.S. Department of Labor's new regulations on 401(k) fee disclosures will serve as a wake-up call to plan sponsors and participants alike, once they stop hitting the snooze alarm, that is.

The husband and wife team had lots of experience. They had worked at large mutual fund shops, then struck out on their own .They got to $20 million in assets, mostly from friends and family. Then, he died.

Global X Funds, the New York-based provider of exchange-traded funds is liquidating four funds next month.

Federated, which bought more than $4 billion in money fund assets from Fifth Third earlier this month, has folded some $929 million in assets of Performance Funds Trust into its portfolio.

Federated Investors is on a roll.