Valley Forge

Primecap Rides Health to Top Growth Fund: Riskless Return

Primecap Odyssey Aggressive Growth Fund, run by a firm that’s best known as a money manager for Vanguard Group Inc., beat peers over the past five years with a heavy dose of health-care stocks, many held for years.

Bond Buyers See No 1994 Rout Helped by Bernanke Clarity

Bond investors are gaining confidence that Federal Reserve Chairman Ben S. Bernanke will unwind the central bank’s unprecedented $3.3 trillion balance sheet without sparking a crash similar to 1994, when Alan Greenspan surprised the market by doubling benchmark lending rates in 12 months.

Poloz Hire at Central Bank Signals Weaker Loonie: Canada Credit

Stephen Poloz’s appointment as head of the Bank of Canada may signal a weaker currency and lower borrowing costs as the world’s 11th-largest economy looks to exports to revive growth.

Canada Dollar Gains as Stimulus Pledge Spurs Appetite for Risk

The Canadian dollar rose against its U.S. counterpart as investors sought higher-yielding currencies amid speculation that gains in American payrolls won’t keep the Federal Reserve from maintaining stimulus to sustain growth.

U.S. Bond Market Needs Improved Fairness, SEC’s Walter Says

The $38 trillion U.S. bond market needs to be improved to allow better access for all investors, said Securities and Exchange Commission member Elisse Walter.

Vanguard Wellesley Wins With Income Tilt: Riskless Return

Vanguard Wellesley Income Fund has used a mix of high-quality bonds and dividend-paying stocks to outperform all peers in the past five years, when record low interest rates put a premium on the assets it favors.

Credit Suisse’s Arnold Said to Join Wellington Management

Wellington Management Company LLP, manager of the $26.5 billion Vanguard Health Care Fund, hired Credit Suisse Group AG’s top drug-stock analyst, according to a person with knowledge of the matter.

BlackRock Net Rises 10% as Demand for ETFs Boosts Assets

BlackRock Inc., the world’s biggest money manager, said first-quarter earnings rose 10 percent as its exchange-traded stock funds drew client cash and assets increased.

ETF Beating Market With Gains Less Price Swings: Riskless Return

Investors who bought PowerShares S&P 500 Low Volatility Portfolio for protection from stock- market swings when it debuted almost two years ago got an unexpected bonus: They also made more money.

Wells Fargo 401(k) Loans Jump 28% as Older Workers Borrow

The number of people taking loans from their 401(k) retirement accounts increased 28 percent in the fourth quarter from a year earlier as older workers tapped their savings, according to Wells Fargo & Co.

New York

Fidelity Investments

Washington

Federal Reserve

Japan GDP Jumps Most in Year as Consumers Open Wallets: Economy

Soros Leads Gold-Stake Cuts Before Bear Market Drop

Sony’s $100 Billion Lost Decade Supports Loeb Breakup

Army Sergeant Said to Get Soldier to Work as Prostitute

Tiger Global, Appaloosa Cut Apple Stakes