Unconstrained bond funds, one of which Bill Gross will be managing at Janus, are the big magnets
Fees and performance are encouraging institutional investors to choose the less-expensive, more-regulated liquid route.
Given the shiny metal's price volatility, a lower exposure makes more sense, detractors say.
<i>Breakfast with Benjamin:</i> Equity investors brace for insight from Janet Yellen and the Fed today. Plus: ETFs chase the freed-up Pimco assets, breaking down the bond market fears, Morgan Stanley says the auto industry's days are numbered, and Warren Buffett makes another safe bet.
<i>Breakfast with Benjamin:</i> Gross' message to advisers. <i>Plus:</i> Where the Pimco flows are landing, the stock market rally as house of cards, the dental indicator, bitcoin is back and a big corporate split.
Adviser Paul Schatz explains how he allocates his own portfolio.
<i>Breakfast with Benjamin:</i> Gross leaves and the cash follows. Plus: A new robo-adviser enters the market; Schorsch at it again, with a twist; corporations are healthy, healthy, healthy; oil prices are falling; and Elon Musk's next move.
<i>Breakfast with Benjamin:</i> The end of QE? Not so fast. Plus: Gold gets the cold shoulder, most European banks pass stress tests, and why you shouldn't get too excited about stock buyback plans.
Just a year after launching the Renaissance IPO ETF, the public-stock-offering research and data-tracking firm is coming out with an international IPO fund.
Today's <i>Breakfast with Benjamin</i> menu covers the U.S. dollar threatening to knock markets off balance, riding an ETF back into commodities, retirement plans turning on the Pimco Total Return Fund, and more.
