Investments

Advisors are turning to annuities, using tactical asset allocation and continuing to move to fee-based business models, as they cope with the effects that the sluggish economic climate is having on their practices, according to findings from the latest Russell’s Financial Professional Outlook, released last week.

The SPDR S&P Global Natural Resources ETF began trading on the NYSE Arca on Tuesday.

The service leverages Citi’s existing services for traditional mutual funds and their investment advisors.

Broker dealer BTIG Ltd. has expanded its global fixed-income group to include a London-based team focused on emerging markets, it announced Monday.

Morgan Stanley announced Monday it has named Paul Price head of the firm’s investment management international sales.

Citi’s Global Transaction Services unit has launched a suite of regulatory administration and compliance support services for hedge funds, private equity funds and their SEC-registered investment advisors. The service leverages Citi’s existing services for traditional mutual funds and their investment advisors.

Retail investors ignored the pullback in the state and local government debt market last week, committing the third-heaviest slug of new money to municipal bond mutual funds this year.

Mutual fund managers - not their hedge fund counterparts - are the original alpha males (and females).

The Securities and Exchange Commission is likely to revise its approach to circuit breakers on the nation's equities exchanges, to include a "careful review" of price bands that limit how far up or down the price of a stock can move at any given time.

The class-action lawsuit initiated by Third Avenue Management against the Reserve Primary Fund is only just beginning and will undoubtedly make for salacious headlines in the months ahead.

State Street Corp., known for its passive asset management, may soon expand its small active management business.

Vanguard has launched eight index mutual funds and nine exchange-traded funds based on Standard & Poor's domestic stock benchmarks.

Allianz Alternative Asset Management has offered fund of hedge funds since 1981. The company’s funds are expected to compliment Nexar’s fund of hedge funds group, which is primarily located in New York.

Invesco PowerShares has launched four specialized ETFs, one on REITs, based on exclusive rights to indexes from Keefe Bruyette & Woods.

The Securities and Exchange Commission Friday approved the expansion of its post-Flash Crash circuit breaker program to include all stocks in the Russell 1000 Index and a test group of exchange-traded funds.

Invesco PowerShares has contracted for exclusive rights to four Keefe Bruyette & Woods indexes to offer specialized exchange-traded funds in real estate, financial services and property and casualty insurance.

While fees and transparency are still topics of concern for institutional investors, a new study claims that there has been shift in uneasiness toward the alternatives vehicle, with many enlisting some of their trust back into hedge funds.

Douglas Lee Campbell, a former senior vice president and marketer in Bank of America’s municipal derivatives group, pleaded guilty Thursday to three criminal counts for engaging in bid-rigging and fraud conspiracies connected with guaranteed investment contract and other municipal finance agreements.

More federal money in the system will create some winners (not to mention jobs).

More federal money in the system will create some winners (not to mention jobs).