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YOUR PRACTICE PRACTICE MANAGEMENT SEP 02, 2015
More employees are going back to their old jobs — here's why

What's contributing to the rise of the "boomerang" workforce?

Flash crashes make headlines but have little economic impact: Citigroup
INVESTING EQUITIES SEP 02, 2015
Flash crashes make headlines but have little economic impact: Citigroup

Researcher cites four examples of extreme market moves that failed to derail the recovery.

Pimco stops offering equity in firm to top managers
NEWS INDUSTRY NEWS SEP 02, 2015
Pimco stops offering equity in firm to top managers

New long-term incentive plan replacing the M shares tilts compensation away from growth and toward guaranteed payouts.

UBS agrees to settle hedge fund's lawsuit over asset-backed securities
NEWS REGULATION AND LEGISLATION SEP 01, 2015
UBS agrees to settle hedge fund's lawsuit over asset-backed securities

Pursuit Partners sued the wirehouse in 2008, accusing it of selling it $40.5 million of collateralized debt obligations that some of the bank's employees referred to as “vomit” and “crap” in e-mails.

Berkowitz's Fairholme Fund beating its peers amid rising volatility
INVESTING EQUITIES SEP 01, 2015
Berkowitz's Fairholme Fund beating its peers amid rising volatility

Big gains in Sears, St. Joe help $5.9 billion fund avoid heavy losses as stocks drop.

NEWS INDUSTRY NEWS SEP 01, 2015
Low-volatility ETFs can protect you from stomach-churning market swings

The price for a smoother ride is lower returns.

BlackRock, Vanguard, Fidelity push back on DOL fiduciary
NEWS REGULATION AND LEGISLATION AUG 27, 2015
BlackRock, Vanguard, Fidelity push back on DOL fiduciary

BlackRock says rule favors index funds, Vanguard finds 'serious problems' and Fidelity wants proposal simplified.

NEWS INDUSTRY NEWS AUG 26, 2015
Art collectors scramble to find liquidity during stock-market tumble

Some have asked about borrowing against their art collections, while others want to sell works.

YOUR PRACTICE PRACTICE MANAGEMENT AUG 26, 2015
Wall Street is losing talented executives to cities like Cleveland and Pittsburgh

Regional banks lure half of new executives from biggest rivals — an ex-Goldman manager said: 'We could give our daughter a better life.'

NEWS INDUSTRY NEWS AUG 25, 2015
Investors pull another $1.8 billion from Pimco Total Return

Assets drop below $100 billion in assets for the first time in more than eight years, leaving it with about a third of the money it managed at its 2013 peak.