Investments

On May 14, 2012, Jefferson National added a handful of alternative mutual funds to its VA lineup.

On May 14, 2012 Putnam added eight external wholesalers to its sales force.

If you think social media investing is about pajama-wearing day-trading amateurs, Covestor aims to prove you wrong.

The SPDR S&P 500 ETF suffered the largest net redemption of the group followed by iShares MSCI Emerging Markets Fund.

Boston-based MFS Investment Management set new record sales last quarter, according to its latest earnings report, issued by Canadian parent Sun Life Financial.

Retail investors continue to rank credit quality high at the top of their list of criteria when shopping for municipal securities, whether they be individual bonds or tax-exempt bond funds.

The Dow Jones Industrial Average dropped another 34.44 points to finish at 12,820.60 Friday, its worst one-week performance of the year.

On May 11, 2012, Boston-based MFS Investment Management said it set new record sales last quarter, according to its latest earnings report, issued by Canadian parent Sun Life Financial.

Deutsche Bank today revealed that its management board, which initiated a strategic review of its global Asset Management division on November 22, 2011, has switched gears

Brian K. Evans may work out of an office overlooking the Pacific Ocean, but that Left Coast location may just give him the chance to, as Apple's semantically incorrect advertising used to proclaim, think different.

May 11, 2012: Mutual fund operators are beginning to use cloud services offered by NYSE Euronext, in its 10-month old launch of a platform for worldwide use of computing resources by financial firms.

On May 11, 2012, MME filed a report from the ICI GMM conference.

On May 11, 2012, Lipper said ETFs experienced redemptions of $6.5B for the week ended May 9.

It looks as if the BRICs have seen their best days, but what's next?

On May 11, 2012, Mary L. Schapiro said the Securities and Exchange Commission intends to directly “confront’’ a new round of long-term reforms to the nation’s money market mutual funds.

Fidelity Investments has launched a pair of global equity income funds: Fidelity Global Equity Income Fund -- available directly to investors -- and Fidelity Advisor Global Equity Income Fund -- available through financial advisors.

Online media pioneer Arianna Huffington told attendees of the Investment Company Institute’s annual membership meeting that “there’s no greater stress than financial stress.’’ And the media needs to do better at spotting and explaining potential points of stress, before they occur.

Regulators in nations around the world, including fast-developing markets, don’t know quite what to make of the asset management business, fund executives said.

Tax-exempt money market funds generated inflows for the first time in nearly a month, as $2.84 billion of new cash flowed in and total net assets settled at $274.96 billion in the week ended May 7, according to the Money Fund Report, a service of iMoneyNet.com.

Municipal bond mutual funds saw a huge week of inflows, as investors continue to see strength in the market.