Investments

The Dow Jones Industrial Average moved up 15.82 points to close at 12.965.69 Tuesday after briefly rallying past the 13,000-point level in early trading. The Nasdaq lost 3.21 points to finish at 2,948.57 while the S&P 500 inched up 0.98 points to end at 1,362.21.

A sports agent, whose company represents star clients including Denver quarterback Tim Tebow, won $400,000 in a ruling against brokerage Morgan Keegan & Co., due to personal losses from bad bond investments.

Richard F. Aster, Jr., president of Aster Investment Management Company, Inc. and portfolio manager of Meridian Fund, Inc., passed away on Thursday, February 16, 2012.

FMR LLC, the parent of Boston-based Fidelity, is looking to raise $250 million through a debt offering, according to a Securities and Exchange Commission filing. But how the company plans to use the capital is anybody’s guess at this point.

U.S. Bancorp Fund Services has launched its first multiple series trust focused on exchange-traded funds in a partnership with Exchange Traded Concepts, an advisor that helps money managers launch their own private label ETF-products.

U.S. Bancorp Fund Services has launched its first multiple series trust focused on exchange-traded funds in a partnership with Exchange Traded Concepts, an advisor that helps money managers launch their own private label ETF-products.

Thomson Reuters has introduced a model that can determine which stocks are likely to be bought and sold from a fund manager’s portfolio.

Prompted by a delay in a big trade at a popular ETF, the SEC is taking a closer look at a possible connection between high-frequency traders and hedge funds jumping in and out of ETFs, and instances where ETF trades fail to settle on time.

A new study by is looking to answer the age-old question: Do active investment managers (e.g., mutual funds and hedge funds) add value above and beyond simply investing in an index?

U.S. securities regulators have widened their inquiry into the trillion-dollar market for exchange-traded funds, according to a person familiar with the matter.

A new study by is looking to answer the age-old question: Do active investment managers (e.g., mutual funds and hedge funds) add value above and beyond simply investing in an index?

Thomson Reuters has introduced a model that can determine which stocks are likely to be bought and sold from a fund manager’s portfolio.

The Government Accountability Office report on muni bond transactions released in January said that retail investors paid an average 2.5% markup when buying $5,000 worth of municipal securities in the secondary market.

Investment Company Institute President and CEO Paul Schott Stevens argues that the SEC's upcoming proposal to tighten the regulation of money market funds will harm investors, damage financing for businesses and governments and jeopardize the economic recovery.

The Dow Jones Industrial Average added another 45.79 points Friday to close at 12,949.87, pushing the index up 6% so far for the year.

Key Additions at Northern Trust Alternatives; MMI Appoints Lensing and Ledbury as VPs; Stephenson and Klaas Join Heartland Marketing; Eze Castle Promotes Holden to CFO

This is not about your father's index.

Equities Order Flow Drops for Third Straight Year; BNY Mellon Develops Omnibus Platform; Citi to Administer Assets for Credit Suisse

The Great Recession ended 32 months ago. But fear about the sturdiness of its recovery persists.

James Roche is stable asset sales director for Standard Insurance Company's ("The Standard") stable value products (SVPs). Here, Roche walks through the key tenets behind stable value funds.