Investments

Lord Abbett and Wilshire Associates have partnered to launch Pro Active Income Solutions, an actively managed approach designed to deliver income for the independent advisory market. The solution combines Wilshire’s dynamic asset-allocation capabilities and Lord Abbett’s comprehensive suite of fixed income mutual funds.

Global X Funds has launched the Global X SuperDividend ETF, an exchange-traded fund that offers exposure to 100 global companies that rank among the highest dividend-yielding equity securities in the world.

New York-based exchange traded fund (ETF) provider Global X Funds this week rolled out a new ETF for investors who are looking to buy funds comprised of stocks that consistently deliver solid dividends to their shareholders.

A software tools company and a maker of high-performance servers said they set a new record in the speed of pricing options contracts.

Long-term mutual funds reaped $2.83 billion in inflows in the week ended June 1, the Investment Company Institute said.

The Federal Reserve will not officially launch a third round of quantitative easing to help boost the flagging economy, but will rely instead on a “magical weapon” -- the language of its policy statements to try to keep interest rates historically low for an extended period, PIMCO money management titan Bill Gross said Wednesday at the Morningstar Investment Conference.

Investors concerned that the equities markets and the economy seem to be hitting a soft patch might think about looking at stocks that have a long history of paying dividends.

I just got back from my yearly pilgrimage to the Northern California regional conference in San Francisco, which is always one of the best financial planning meetings of the year, and two interesting nuggets caught my eye.

Assets flowed out of ETFs in May, the first time flows have reversed direction since August 2010, according to State Street Global Advisors, which just released its latest Snapshot report tracking ETF funds.

Rule changes brought on by the Dodd-Frank Wall Street Reform Act are expected to produce the most change in the way trading in contracts involving interest-rate commitments.

Following passage of a new state law aimed at assuaging investor fears of bankruptcy, the city of Ecorse next week will sell $9.3 million of financial recovery bonds, making it one of Michigan’s only municipalities to enter the bond market while under state-controlled receivership.

When the Build America Bond program ended there were two schools of thought. One argued that BABs would become an orphan class, with prices in the secondary market suffering from illiquidity. Another group thought there would be some scarcity value to the product and they would appreciate in value.

A new report from MetLife this week suggests that financial advisors need to do a better job of educating their clients about the importance of managing their emotions as well as their spending and investing behavior during and close to retirement just as they did -- presumably -- when they were younger and saving up for their golden years.

Credit Suisse Asset Management has re-launched the Credit Suisse Floating Rate High Income Fund, previously known as the Credit Suisse High Income Fund.

Peter Drake, vice president of retirement and economic research at Fidelity Investments Canada, spoke of five retirement risks in a speech Monday at the Canadian Institute of Financial Planners’ annual conference in Ottawa.

Parametric Launches Structured Commodity Strategy Fund

As many as four additional financial services firms may join the domestic bid to take over Canada's TMX Group, operators of the Toronto and Montreal Exchanges.

Four FaithShares' exchange traded funds (ETFs) tailored for individual Christian denominations are being discontinued due to flagging investor interest.

The Securities Exchange Commission and the Financial Industry Regulatory Authority (FINRA) are warning investors to make sure they truly understand the risks associated with investing in structured notes with principal protection before they get burned.

Two affiliates of Palmer Square Capital Management have launched new mutual funds. The funds are the Nuance Concentrated Value Fund from Nuance Investments and the Tortoise MLP & Pipeline Fund from Tortoise Capital Advisors.