Investments

United Technologies Companylast month took the plunge into providing its employees a steady stream of retirement income.

The Dow Jones Industrial Average moved up 58.73 points Wednesday to close at 12,676.05 while the Nasdaq and S&P 500 lost 8.75 points and 0.42 points, respectively.

It was only $99 million, in the week ended July 18, 2012.

Attention fund builders: There’s still time to shine a light on the smartest and most effective mutual fund executives, back office innovators and marketing gurus you know.

On July 25, 2012, Columbus, OH-based Huntington Asset Advisors, Inc. has launched a second actively managed exchange-traded fund, US Equity Rotation Strategy ETF, via its new ETF family, Huntington Strategy Shares. The Huntington EcoLogical Strategy ETF (NYSE Arca: HECO) made its debut last month.

On July 25, 2012, Old Mutual Asset Management, the U.S.-based global asset management business of Old Mutual plc, has named John Harrington as Director of U.S. Consultant Relations, responsible for business development in the consultant channel.

Huntington’s second venture into the ETF market will be actively managed and use a sector-rotation strategy.

On July 25, 2012, Vanguard has filed a registration statement with the U.S. Securities and Exchange Commission to launch the Vanguard Short-Term Inflation-Protected Securities Index Fund in Q4.

Trading is down 18.9% from the first half of last year, according to statistics reported by members of the World Federation of Exchanges. Trading in the Americas is down 14.3%.

Discounted exchange-traded fund provider Vanguard now tops the field of leading ETF providers among advisors in another category: favorable impressions.

Olney, M.D.-based Arrow Investments is looking to add active exchange-traded funds and more alternative mutual funds to its quiver.

Three days in August 2007 will live forever in algorithmic investing infamy. Numerous quantitatively driven stock funds leapt en masse off a cliff-just like lemmings.

The tax-exempt market continued its rally Tuesday as positive supply and demand factors, as well as weaker stock markets due to European worries, buoyed safe haven assets.

On July 25, 2012, Three days in August 2007 will live forever in algorithmic investing infamy. Numerous quantitatively driven stock funds leapt en masse off a cliff-just like lemmings.

The Dow Jones Industrial Average lopped off another 104.14 points Tuesday to close at 12,617.32 while the Nasdaq and S&P 500 fell 27.16 points and 12.21 points, respectively.

On July 24, 2012, The Board of Trustees of Direxion Funds is liquidating the Direxion HY Bear Fund based on the recommendation of the fund’s investment adviser, Rafferty Asset Management, LLC, according to a Securities and Exchange Commission filing.

On July 24, 2012, Olney, M.D.-based Arrow Investments is looking to add active exchange-traded funds and more alternative mutual funds to its quiver.

On July 24, 2012, Discounted exchange-traded fund provider Vanguard now tops the field of leading ETF providers among advisors in another category: favorable impressions.

On July 24, 2012, Eric J. Bokota has resigned as co-portfolio manager of the FPA International Value Strategy (including the FPA International Value Fund, FPIVX), effective July 23.

Exchange-traded funds have experienced tremendous growth over the past decade but not all of that growth is positive, according to new research from Vanguard.