Investments

A former AllianceBernstein investment guru is taking a stab at public service.

Joe Barrato is chief executive officer of Arrow Investment Advisors, a developer and distributor of mutual funds that are built around "targeted" levels of risk.

Raleigh, N.C.-based Hatteras Funds is hosting its own alternative investments road show. The series of forums across the U.S. will allow advisors, home office research teams and consultants to meet the managers of the Hatteras alternative mutual funds, which include Alpha Hedged Strategies Fund, Long/Short Equity Fund, and Long/Short Debt Fund.

A new report by research shop Cerulli Associates is sure to make a few subadvisors smile.

Perhaps it was only a matter of time before Morningstar decided to put its stamp of approval, and disapproval, on alternative mutual funds.

Sy Sacks is on a crusade.

The starter's pistol is about to be fired for the swaps industry.

Estee lauder’s chief executive officer, Fabrizio Freda, is giving BlackRock, Inc.’s Board of Directors a makeover. Well, sort of.

It seems that the folks at Spectrum Advisory Services Inc., manager of the Marathon Value Portfolio mutual fund (NASDAQ: MVPFX) were victims of malicious hackers who hacked into the third-party host server of the Fund’s website on June 30.

On July 27, 2012, Investors pumped in $6.3 billion into mutual funds and exchange-traded funds for the week ended July 25, according to data from Lipper.

Target-date funds pulled in $13.9 billion in the second quarter despite the nearly 3% loss on average, according to Morningstar.

The tide of investor demand stays high for municipal bond mutual funds. A strong week of record-low muni bond yields on the intermediate and long ends of the curve marked the week ended July 25.investor-demands-keeps-muni-fund-flows-high

The Dow Jones Industrial Average stormed up 211.88 points Thursday to end at 12,887.93 while the tech-laden Nasdaq and S&P 500 gained 39 points and 22 points, respectively.

On July 26, 2012, Target-date funds pulled in $13.9 billion in the second quarter despite the nearly 3% loss on average, according to Morningstar.

Los Angeles-based del Rey Global Investors, LLC, has expanded its sales and marketing groups with the addition of Dean C. Phillips as vice president, National Sales and Marketing, and Dennis McCarthy, vice president, Institutional Sales.

On July 26, 2012, BlackRock Inc., Fidelity Investments and Vanguard Group Inc., firms that collectively manage more than $7 trillion, are gauging how their clients have been hurt by Libor manipulation and whether to take legal action as at least a dozen banks are being investigated for rate-rigging.

Mass affluent clients represent the sweet spot for every wealth management firm's business. So what's on their minds right now?

Scottsdale, AZ-based Longboard Asset Management has launched the Longboard Managed Futures Strategy Fund (WAVIX), a trend following offering.

The $99 million inflow reported by the Investment Company Institute for the week ended July 18 does not erase the $11.8 billion pulled out of such funds in the prior six weeks.

The municipal bond market continues to strengthen as positive supply and demand factors this week push tax-exempts higher.