- The dust around SAC Capital has apparently settled enough to allow Steven Cohen a new entry point into the asset management business. “To see him getting active again, that is what the deal was.”
- JPMorgan Chase's asset management arm is stepping deeper into the ETF space with an ownership stake in GlobalX Management Co. Following a similar move by Legg Mason.
- As employer healthcare benefits for retirees keep shrinking, more pressure will be placed on financial advisers to put together a better plan. The changes are coming.
- More encouraging news from the world of target-date funds. Use is up, fees are down.
- Another installment of your tax dollars at work. Pork barrel spending gone wild. Peer-reviewed breast cancer research, conducted by the Defense Department, appropriated $120 million.
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.
Steven Cohen gets back to managing money
Plus: JPMorgan expands its ETF footprint, Health care benefit shortfalls are putting more pressure on financial advisers, target-date funds keep getting better, and more pork barrel spending
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