Investments

The new offerings were developed in response to client demand for actively managed emerging market equity and global bond strategies.

NEW YORK- Growth in emerging markets has the potential to outpace the U.S. Baby Boomer explosion by 25 times, and as consumption and infrastructure in these nations builds, specialized emerging market exchange-traded funds will become increasingly viable, said Robert Lutts, president and chief investment officer of Cabot Money Management. That even means sector- and style-specific ETFs, Lutts said, as well as diversified emerging markets blend funds, added Paul Weisbruch, vice president of ETF and options sales and trading at Street One Financial.

Strategic Insight, FUSE Research

Build America Bond issuers could potentially go years without subsidy payments under the examination process the Internal Revenue Service is currently considering for them, bond attorneys meeting here warned last week.

Issuers that want to avoid disclosure mishaps — and possible federal enforcement action — should develop and closely follow policies as well as procedures that lay out who must review and sign off on their disclosure documents, Securities and Exchange Commission officials are stressing.

The combined assets of the nation’s mutual funds increased by $486.2 billion, or 4.5%, to $11.267 trillion in September, as investors continued to add to long-term bond funds and pull money out of stock and money market funds, the Investment Company Institute said Thursday.

Although 78% of chief financial officers think the economy might not recover for another two years, 39% are planning to increase their capital investments in 2011, mostly on new technology.

Investors pull a net $11.6 billion from stock funds during the month, but assets still rose 9.3% thanks to market appreciation.

Franklin Resources managed to deliver a slight increase in profits for its fiscal fourth quarter ended Sept. 30. Profits rose 1.5% to $372.9 million, or $1.65 a share, from $367.4 million, or $1.59 a share, in the fourth quarter of fiscal 2009.

DST Systems reported net income of $54.3 million, or $1.16 per diluted share, in the third quarter of 2010, a 10.8% decline from the $60.9 million, or $1.21 per diluted share, it earned in the third quarter of 2009.

If your clients’ eyes glaze over at the mere mention of money markets, remind them of the dark days when these safe investments were suddenly risky.

Morningstar reported it earned $20.8 million in the third quarter, or 41 cents a diluted share, a 7.5% decrease from the $22.5 million, or 45 cents a diluted share, it earned in the third quarter of 2009.

The funds invest in TIPS and shorter-duration bonds.

The Securities and Exchange Commission has postponed the municipal securities field hearing it planned to hold in Chicago on Nov. 16.

Equity fund pull in more than twice as much as the previous week.

Nationwide says that quality of life for high-net-worth retirees could slip sans annuities.

Smaller investment firms deliver stronger returns and better downside protection in volatile markets than larger firms when investing in U.S. large-cap stocks, Northern Trust found.

USAA has launched two funds that address inflation and interest rate concerns.

Spectrem Group’s Spectrem Millionaire Investor Confidence Index rose six points in October to zero, a neutral reading and its highest level in nearly three years, and the Spectrem Affluent Investor Confidence Index rose three points to minus 13, a mildly bearish reading.

The company hopes to use the new office to expand through family offices, financial advisors and high-net-worth invetors.