Famed investor looks to gain more flexibility with latest Fairholme offering. Says one industry watcher: “It's like going back to the days of old with a mutual fund that will make you money by going anywhere."
Debt aimed at retail investors matures in 2060
Gaps in the efficient markets theory create plenty of investing opportunities — even in some of the world's largest companies, according to David Rolfe, chief investment officer at Wedgewood Partners Inc., which has $775 million under management.
Slate of independent candidates from small firms elected; series of proxy proposals also approved
Equities are outperforming junk bonds by the most in a decade — but investors continue to pull assets out of equity mutual funds
Contrary to popular belief, markets thrive on a little confusion
Large caps keep on rolling, while bond rally loses steam; economy will surprise 'on the upside'
In a wide-open pursuit of investment yield, stocks are trumping bonds, according to Mark Freeman, manager of the WHG Income Opportunity Fund Ticker:(WHGIX).
Morgan Stanley, owner of the world's largest brokerage, reported a third-quarter loss of 7 cents a share after writing down a stake in Revel Entertainment LLC, an Atlantic City casino project.
Billionaire investor Kenneth Fisher said monetary stimulus from the Federal Reserve is unnecessary and could cause the dollar to weaken and reduce demand for riskier assets such as U.S. stocks.
