These days, absolute performance is an investor's North Star
Today, President Obama will sign the sequestration order, triggering massive spending cuts. But so far, predictions of a market freak-out have failed to materialize.
Nearly $180B in net inflows in 2012; tactical, strategic
Joseph Sullivan has served as Legg Mason's interim boss for five months. Now that he's been given the job permanently, the company's new CEO faces a tough slog.
Strategy unclear as firm deals with Peltz, who seeks breakup.
Although the high-yield market might not have changed fundamentally, junk-bond yields have taken a noticeable dive from their peak late last month.
Hedged-equity funds offer downside protection — and some upside
Study finds most clients have assets with more than one adviser but few advisers think so.
Washington looks to wriggle out of promise made just two years ago; can lawmakers keep their hands off?
Taking a step toward portfolio diversification
