Investments

The danger of home-country bias applies to both U.S. investors and investors abroad, yet the extent of the danger varies.

There is a way to be invested in stocks that can help mitigate volatility: Employ an investment strategy that seeks to take advantage of global stock market inefficiencies to profit in both up and down markets.

Global X Funds, based in New York, combs the world for unusual investment opportunities on which it can build exchange-traded funds.

Direxion Funds, based in Boston, is known for creating innovative tactical exchange-traded funds, particularly leveraged index funds.

Fidelity Investments has rolled out a smartphone application for NetBenefits 401(k) plan participants.

Barry Evans has been named president of John Hancock Asset Management North America.

Credit Suisse has filed with the SEC to launch the Gold and Income Strategy Fund, which will be available in Institutional shares

China’s first cross-border exchange-traded fund, based on the NASDAQ-100 Index, has begun trading on the Shanghai Stock Exchange.

New rules being considered for U.S. money-market mutual funds will make them safer for investors while forcing some smaller providers out of the business, Moody’s Investors Service analysts said this week in a research report.

To bring alternative investments to a wider investor base, Goldman Sachs Asset Management has launched the Goldman Sachs Multi-Manager Alternatives Funds.

Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.

While April inflows for long-term mutual funds stood at a healthy $37.8 billion, they continued to moderate from levels seen earlier this year, according to Morningstar.

Tax-exempt money market funds had a hard time holding onto what little inflows they regained last week as $1.72 billion exited the industry and total net assets settled at $258.36 billion in the week ended May 13, according to The Money Fund Report, a service of iMoneyNet.com.

Stronger inflows made their way into municipal bond mutual funds, at $306 million for the week of May 15.

While April inflows for long-term mutual funds stood at a healthy $37.8 billion, they continued to moderate from levels seen earlier this year, according to Morningstar.

Neuberger Berman has filed with the SEC to offer an Emerging Markets Income Fund.

With low rates in the U.S., investors may be wondering where to turn for more income. It just so happens that more income can be found offshore.

BlackRock plans to liquidate and close the iShares Diversified Alternatives Trust (ALT).

To bring alternative investments to a wider investor base, Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Multi-Manager Alternatives Fund (GMAMX, GMCMX, GSMMX, GIMMX, GRMMX).

Jerry W. Miller has been named head of asset and wealth management, Americas at Deutsche Bank, a newly created position.