- Janus Capital Group, in process of being bought by Henderson Group, saw $2 billion in assets flee in the third quarter. To make matters worse for Janus, revenues have dropped from lower fees.
- If you think that regulators are done scrutinizing sales charges on mutual funds, think again. Dechert summarizes what regulators are doing to make sure that investors pay the right sales charge in light of the new DOL fiduciary rule.
- Are you hoping for Hillary Clinton or Donald Trump to fix Social Security? Ms. Clinton's plan would fix about two-thirds of the program's problems. Mr. Trump's plan "would require levels of productivity growth not achieved for any 10-year period in modern history, let alone for any 75-year period.”
- Most retirement portfolios need to generate a 5% return after inflation. Think you can do it? Try Research Affiliates' portfolio challenge. The catch: You have to use Research Affiliates' 10-year projections for asset returns.
Investment Insights: The Blogblog
Jeff Benjamin breaks down the game for advisers and clients.