Investments

The Dow Jones Industrial Average moved up 103.16 points Wednesday to finish at 12,908.70 while the Nasdaq and S&P 500 tacked on 32.56 points and 9.11 points, respectively.

For the week ended July 11, bond funds took in $6.39 billion, the most of any fund category. Long-term equity funds, meanwhile, lost $1.47 billion in outflows.

On July 18, 2012, PIMCO has filed with the Securities and Exchange Commission to launch the PIMCO Mortgage Opportunities Fund.

BlackRock Inc.’s Laurence D. Fink, who heads the world’s largest asset manager, said his firm needs to capture a larger share of the deposits that are going into U.S. equity exchange-traded funds.

A new portfolio management strategy steers away from bonds and seeks to grow capital in non-traditional areas.

OppenheimerFunds has signed an agreement to buy SteelPath Capital Management and SteelPath Fund Advisors, an energy infrastructure investments company focused on the Master Limited Partnership sector.

Want exposure to managed futures? Think multi-manager funds, according to a new white paper penned by William Marr and Alexander Rudin, principals of Ramius Trading Strategies.

Interactive Brokers says it now provides a tool that allows financial advisors to create ‘virtual’ mutual funds.

Franklin Templeton Investments has named Andrew Ashton and Dennis Rothe to new roles overseeing consultant/gatekeeper relations and investment research for the company’s International Advisory Services and North America Advisory Services divisions, respectively.

On July 18, 2012, Franklin Templeton Investments has named Andrew Ashton and Dennis Rothe to new roles overseeing consultant/gatekeeper relations and investment research for the company’s International Advisory Services and North America Advisory Services divisions, respectively.

On July 18, 2012, Charles Schwab Corp. is beefing up its exchange-traded fund business with a new hire from Guggenheim Investments, Reuters reports.

On July 18, 2012, Dimensional Fund Advisors wants to bring its academic-based research investment management approach to the Asian markets.

On July 18, 2012, Interactive Brokers says it now provides a tool that lets financial advisors create ‘virtual’ mutual funds.

On July 18, 2012, Want exposure to managed futures? Think multi-manager funds, according to a new white paper penned by William Marr and Alexander Rudin, principals of Ramius Trading Strategies.

The Dow Jones Industrial Average rose 78.33 points Tuesday to close at 12,805.54 while the Nasdaq and S&P 500 added 13.10 points and 10.03 points, respectively, in seesaw trading.

On July 17, 2012, TCW Funds, Inc. is liquidating the TCW Emerging Markets Equities Fund on August 31, according to a Securities and Exchange filing.

OppenheimerFunds has signed an agreement to buy SteelPath Capital Management and SteelPath Fund Advisors, an energy infrastructure investments company focused on the Master Limited Partnership sector.

On July 17, 2012, There’s still time left to make a last-minute nomination of the greatest inNOVAtor in your fund company.

On July 17, 2012, Exchange-traded funds do not turn long-term investors into speculative day traders, according to a new Vanguard research paper.

Global X Funds haslaunched the Global X SuperIncome Preferred ETF, which will track 50 of the highest yielding preferred securities in North America.