Robert Auwaerter, a 32-year veteran of The Vanguard Group Inc., on Monday announced plans to retire next March as head of the fixed-income group. He will be replaced by Gregory Davis, 43, who currently serves as chief investment officer of the Asia Pacific region and is a director of Vanguard Investments Australia.
Give Obama, Congressboth barrels; hold little hope for long-term budget plan.
It isn't too late to jump tactically into the high-yield bond market for a near-term portfolio boost. High-yield bond mutual funds, up more than 5.6% from the start of the year, are clearly the hottest area of fixed income, and the near-term outlook is for more upside.
Investors shouldn't sit on sidelines, despite partisan battles over government spending, he says
Chief investment strategist says government shutdown could delay tapering.
Core group says it is a go, but Campanale has bailed
Detroit's bankruptcy filing was expected, but it may cause ripple effects for advisers, particularly in the muni bond market.
Market participant floats limiting amount that can be issued per year
