Unconstrained bond funds have showed disappointing returns this year; 1.7% year-to-date compared with 5.6% for its benchmark.
RCAP may remake itself to boost value with stock down 39% since late October
After slipping from a record high, stock futures point to the S&P's advancing again.
After strong growth, the category suffers its first outflows in two years in the month of October. Redemptions were dominated by a continued sell-off of the MainStay Marketfield Fund, the largest in the alternative category.
Slow eurozone recovery has investors on hold
On Thursday's <i>Breakfast with Benjamin</i> menu: A string of catty comments accompany a Morningstar talk-up of Pimco's outlook. Plus, what municipal bond investors can learn from Detroit and Stockton, avoid getting sucked in by the market's latest winning streak, and much more.
Rally pushes valuations to highest level since 2009; financials in focus.
Both companies controlled by the REIT czar but broker-dealer not involved in accounting trouble at American Realty Capital Properties.
Midweek <i>Breakfast with Benjamin:</i> What's making dollar bulls cheer. Plus: Picking winners and losers in the net-neutrality fight, Goldman's coveted promotion cycle, Dems suddenly like the Keystone XL pipeline, and Tim Geithner ruffles the Europeans.
Valuations getting high but solid earnings provide strong foundation for market gains.
B-Ds halting sales of Schorsch's REITs include some of the largest and most influential in the industry
Bond manager announces the news on Twitter
<i>Breakfast with Benjamin:</i> It's all about access at Goldman. Plus: U.S. soldiers sue banks for helping Iran finance attacks in Iraq, adjusting portfolios for a fourth-quarter ride, oil prices are expected to hang low till the next OPEC meeting, and a hats off to companies taking their hats off to veterans today.
S&P heads for a weekly gain as October's jobs report expected to add to signs of strength in the U.S. economy
S&P 500 expected to reach new record high as investors cheer business-friendly GOP.
Fidelity's active management heft and huge product-distribution capacity now extend to a corner dominated by Pimco as it launches actively managed bond ETFs.
Today's <i>Breakfast with Benjamin</i> sees Pimco CEO Douglas Hodge downplay Bill Gross' exit, big-money players identifying a stock market entry point, JPMorgan's huge data breach, and more.
Companies must heed the gentle warnings being given to them by Finra and the SEC on complex investments.
