Investments

Nasdaq OMX and risk analytics developer Axioma have launched a family of indexes that will give investors exposure to commodity spot prices, through the use of stocks.

The coming year is shaping up to be a fresh start for alternative mutual fund shop Pyxis Capital.

The Dow Jones Industrial Average lost 14.76 points to 12,962.81 Monday as investors reacted to a flurry of mixed economic reports at home and abroad.

Jackson National Life Insurance Company, a purveyor of variable annuities, is looking to offer its advisors and their retail clients access to alternative investments.

Russell Investments has introduced a series of indexes designed to allow fund managers to control volatility in their portfolios.

A new investment management shop has opened in Palm Beach, Fla., dubbed Crest Investment Partners LLC.

Nasdaq OMX and risk analytics developer Axioma have launched a family of indexes that will give investors exposure to commodity spot prices, through the use of stocks.

For many planners with high-net-worth minimums for their clients, target-date funds don’t make sense for a variety of reasons. But in the right circumstances, they can be helpful tools.

Wasatch Funds has launched what it touts as “one of the few no-load open-end mutual funds focused exclusively on frontier and smaller emerging market countries,” including Africa and Southeast Asia.

State Street Corporation has appointed Dick Taggart to the post of head of Middle Office Outsourcing Operations across North America for the company’s investment manager services business.

There’s a lot of investor and advisor interest in alternative investments as a means to hedge against market volatility and to diversify a portfolio (all while boosting returns). Steve Hammers, chief investment officer and portfolio manager of the Compass EMP Alternative Strategies Fund, spoke to Financial Planning about how to design and evaluate an alternatives strategy:

Wells Fargo Funds Management, LLC, the investment advisor to Wells Fargo Advantage Funds, has rolled out a fund that will invest in a wide range of alternative investments.

Westwood Holdings Group, Inc. has rolled out the Westwood Short Duration High Yield Fund, which will bet on non-investment grade debt with expected maturities of three years or less.

Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, are warning the SEC that eliminating the fixed $1 price of fund shares will scare away many investors who want some minimum level of value stability in their assets.

Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, are warning the Securities & Exchange Commission that eliminating the fixed $1 price of fund shares will scare away many investors who want some minimum level of value stability in their assets.

The Dow Jones Industrial Average trimmed 2.73 points to finish at 12,977.57 Friday while the Nasdaq and S&P 500 gave back 12.78 points and 4.46 points, respectively.

Westwood Holdings Group, Inc. has rolled out the Westwood Short Duration High Yield Fund, which will bet on non-investment grade debt with expected maturities of three years or less.

Three big-name mutual fund shops, including Fidelity Management & Research Company, State Street Corporation and Federated Investors, have a few choice words for the Securities & Exchange Commission about more money- market regulations.

A co-founder of BlackRock said Friday that money market mutual funds would survive, if their asset values would allowed to float from their a stable $1 net asset value per share.

Many investors put off making final Individual Retirement Account contributions until the last minute. Now, Fidelity Investments has an app for that.