<i>Breakfast with Benjamin</i> According to Meb Faber, within four years, ETFs will have more assets than mutual funds. But before that, they have to navigate their way onto retirement plan menus.
Low fund fees and big fund complexes equal outperformance.
Plus: Going after tax inversions goes after the middle class, the sun is setting on solar energy funds, and the baseball bat gets an upgrade
Fund wants to diversify product line and strike while the iron is hot with proposed acquisition of the Alpha Defensive Alternatives Fund
The tax advantages might not be worth it.
Factoring in Fed policy, cheap oil, and living with volatility
Plus: Advisers speak out on DOL rule, the inflows continue for equity ETFs, and big banks strive to look small to regulators
Plus: Bad news from the Bacon Cheeseburger Index, CFOs are feeling down, and getting a better cell phone plan.
The rule is described as 'workable' and a political success, though implementation remains the biggest challenge ahead.
Plus: The downside of $15 minimum wage, testing your finance knowledge against NFL players, and keeping ID thieves in check