Investments

Industry veteran John Morris joins Bank of the West’s Wealth Management Group as head of its investment products offering for affluent and high-net-worth clients.

The Dow Jones Industrial Average moved up 19.61 points to 13,145.82 Thursday, ending a two-day slump thanks to a late-afternoon rally.

Mergers and acquisitions in the U.S. financial services industry took a dip last year but potential sell-offs in Europe could pave the way for a better M&A market for 2012 and beyond, according to a new PwC report.

ProShares has launched the ProShares UltraPro Short 20+ Year Treasury. The ETF lists on NYSE Arca today.

New York-based Clear Alternatives is ready to make a name for itself in the asset management space.

Officials at State Street Corporation today have a few billion reasons to smile.

San Francisco, Calif.-based Forward Management, advisor to Forward Funds, today said that it will close the Forward Select Income Fund to most new investors beginning March 30.

BlackRock’s Canadian investment arm, BlackRock Investments Canada, Inc., is now rebranding to iShares the names of most of the exchange-traded and closed end funds previously marketed under the Claymore Investments brand.

Mutual fund families routinely, and on purpose, use the capital in affiliated funds as “insurance pools” to offset or prevent cash shortfalls in other funds within family, according to research released by the Kelley School of Business at Indiana University.

Guinness Atkinson Asset Management, advisor to the Guinness Atkinson Funds, has launched a new equity fund aimed at providing investors with current income and consistent dividend that will exceed inflation.

Retirement plan provider ShareBuilder 401k has expanded its All-ETF 401(k) platform with five new funds.

T. Rowe Price has unveiled the iPad edition of T. Rowe Price Investor, the company’s quarterly magazine for mutual fund shareholders.

PIMCO is getting a new ticker for its closely-watched Total Return Exchange Traded Fund: BOND.

The outflow of $1.8 billion in the week ended March 21 compares to $2.9 billion pulled from such funds in the prior week. The last time domestic equity funds saw an inflow was the week of Feb. 15 when they picked up $46 million.

The Dow Jones Industrial Average lost 71.52 points to end at 13,126.21 Wednesday while the Nasdaq and S&P 500 lopped off 15.39 points and 6.98 points, respectively.

The exodus of capital from mutual funds investing in domestic stocks slowed down last week.

In order to improve investor access to the fund, PIMCO will change the NYSE ticker for its Total Return ETF from TRXT to BOND on April 4, 2012.

T. Rowe Price today unveiled the iPad edition of T. Rowe Price Investor, the company’s quarterly magazine for mutual fund shareholders.

Guinness Atkinson Asset Management, advisor to the Guinness Atkinson Funds, has launched a new equity aimed at providing investors with current income and consistent dividend that will exceed inflation.

Multi-asset manager Virtus Investment Partners has launched a mobile app designed to give users access to what the firm has to say about the latest developments in the financial markets.