Consultants, insitutional clients watch closely as firm deals with alleged Gross-El-Erian feud.
Longtime Wall Streeter James Cahill's firm trains ex-military members for finance jobs.
<i>Breakfast with Benjamin:</i> How the Russia situation could hit the economy. Plus: JPMorgan abandons its commodities business, Morningstar's deep dive into the Pimco mess, expect the expected from Yellen today, retirees give Boomers the playbook, and, big surprise, short-sellers badmouth stocks.
Finra freezes new arbitration cases in Puerto Rico as a flood of claims sends the regulator scrambling to find more arbitrators. Bruce Kelly has the story.
<i>Breakfast with Benjamin:</i>Stocks continue to rally after Putin weighs in while one Fed official hopes for a quicker taper. Also: Obama's budget met with groans, the Comcast-Time Warner deal isn't done yet, Credit Suisse expanding in Asia and Facebook's drone dreams
The yellow metal is back in the spotlight, but strategists say that despite Ukraine tension, a long-term comeback is not in the cards. <i> Plus: <a href="http://www.investmentnews.com/article/20140303/FREE/140309988" target="_blank">Ukraine worries sink stocks</a>.</i>
Analysts agree it should stick to its brand as a bond shop, but advisers open to new products.
The fund giant is offering clients a new way to prosper in uncertain debt markets.
<i>Breakfast with Benjamin:</i> Markets don't buy the Fed chief's words. Plus: More data today, who's going after indie advisers, Apple's Pushmi-pullyu, Icahn's intentions, a headline says it all and the Madness begins.
<i>Breakfast with Benjamin:</i> Asian investors spooked by China economic worries, Ukraine. Plus: Japan concerns surface, U.S. stock valuations not horrible, Washington as a Wall Street battleground and look who's worried about the Treasury market.
February net flows still negative, fall far shy of broader fixed-income recovery
Advisers are anxiously watching to see if the fund giant's recent management upheaval masks broader problems that could impact performance. Few are cutting and running. Yet.
Nuveen's chief equity strategist Bob Doll isn't just making a list of 10 predictions. He's created an investable portfolio of stocks based on those predictions. Jeff Benjamin has the details.
A UBS unit is facing a legal fight over the sale of Puerto Rico closed-end-bond funds after their values slumped. Bruce Kelly has the story.
Yields on 10-year Treasury notes climbed to the highest levels since September this week as the number of new jobs added in February surpassed expectations. Both developments point to a possible acceleration for the economy in spring.
Advisers should continue to monitor the situation at Pimco closely, explore other options for assets that are housed at the company and keep an open mind.
S&P move was no surprise, but some managers see longer-term strains and are staying away.
Those who provide local governments with advice on derivatives won't have to register.
BlackRock and Goldman Sachs are the big beneficiaries of Pimco's bad bond call.
