Investments

The Dow Jones Industrial Average finished in the black for the first time in seven trading sessions Thursday, gaining 19.98 points to close at 12,855.04 as bank and energy stocks moved higher.

May 10, 2012: ICI GMM 2012. Fidelity, Charles Schwab, MSSB, Dodge & Cox. When interest rates flip and rates start to increase, the value of bonds and funds that invest in them will get hit. And that can shock investors, said fund executives Thursday morning.

May 10, 2012: ICI GMM 2012. 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 Thursday. “Asset managers are considered the same as prop traders,’’ said Christian Dargnat, CEO, BNP Paribas Asset Management.

May 10, 2012: ICI GMM 2012. Arianna Huffington, William McNabb, Gillian Tett debate role of media in funds industry.

On May 10, 2012, Credit Suisse's Asset Management Division has launched the Credit Suisse Liquid Alternative Fund, designed to offer access to hedge fund-like returns, with the flexibility of daily liquidity, increased transparency and 1099 tax reporting.

Fidelity Investments has launched a pair of global equity income funds

Everyone loves dividend-paying stocks that deliver healthy returns with relatively lower risk. Here are 10 "cheap" ones to jump-start your clients' portfolios.

On May 10, 2012, Rainier Investment Management, Inc., adviser to the Rainier Funds, has launched the International Discovery Fund (RAIIX).

On May 10, 2012, The size of the actively-managed exchange-traded fund market has grown more than ten-fold in the past four years, to almost $2.5 billion, according to a report released by Lipper.

Neuberger Berman has launched the Neuberger Berman Long Short Fund, designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.

ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'

Record-low long-term municipal bond yields may generate the most press these days, but investors still see the most value in the intermediate part of the yield curve.

Investors act emotionally, not logically, toward the securities they buy or sell.

The Dow Jones Industrial Average lost another 97 points to close at 12,835.06 Wednesday, its sixth consecutive losing session. Meanwhile the Nasdaq and S&P 500 lopped off 11.56 points and 9.14 points, respectively.

Investors pulled an estimated $6.60 billion from U.S. stock funds the week ended May 2, six times the $1.17 billion they withdrew from the funds a week earlier.

ICI chief Paul Schott Stevens said Wednesday that mutual funds need to invest in commodities and derivative securities in order to manage market swings and protect everyday investors. He called new CFTC rule changes 'unwarranted, redundant and costly.'

On May 9, 2012, Automated data management provider Confluence hired Melvin Jayawardana as European Fund Administration Product Manager.

ETFs are wildly popular these days but far too many advisors are making one or more of these 10 common, portfolio-sapping mistakes. Are you?

On May 9, 2012, Neuberger Berman has launched the Neuberger Berman Long Short Fund (NLSAX, NLSCX, NLSIX), designed to provide investors with a long-short investment strategy that seeks long-term capital appreciation and principal preservation.

On May 9, 2012, Market Vectors ETF Trust has launched the Emerging Markets High Yield Bond ETF (NYSE Arca: HYEM), designed to focus solely on the U.S. dollar-denominated non-sovereign segment of the EM high-yield bond market.