Seven of the firm's eight taxable actively managed bond funds rank in the top 6% of their respective categories, beating the largest 50 fixed-income funds tracked by Morningstar.
Plus: Harvard's endowment falls back to Earth, don't hold your breath waiting for lower home prices, and taking a lesson from Benjamin Graham
It's no different than comparing stocks to bonds.
Plus: An ETF for every presidential candidate, debunking ETF myths, and jumping off the Obamacare bandwagon
Plus: Hillary Clinton would be bad for banks, defending against DOL rule litigation, and where to work when you don't like people
Plus: Revisiting the Janus-Henderson marriage, don't chase that record-setting IPO, and Curt Schilling aims to strikeout Elizabeth Warren
Investors exit as the manager sticks to his guns.
Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
Plus: The SEC's fuzzy enforcement rules, a fighting chance for active management, and the worst part of being rich
The deal creates a global active management complex with $320 billion under management.
The German bank's riskiest bonds also declined after a media report said the German government wouldn't step in to back the lender, fueling investor concerns about its weakened finances.
Expanded distribution, consolidation and some lower fees expected.
Plus: Claims of a better robo platform, a bright spot in a dim economic recovery, and health insurance won't be less expensive this year or next
Online brokerage said to attract interest from rival TD Ameritrade.
Robertson also says he won't vote for Trump and will pick the Libertarian party instead.
Plus: DOL rule drives some advisers out of the business, a speculative bet on gold, and don't put this on your resume
Robert Citrone, the Tiger cub who now runs one of the best-known macro hedge funds, is sounding the warning bell for investors.
Plus: Here comes the bear market for bonds, Vanguard leads the way in net inflows this year, and Obamacare continues to crumble
Plus: This presidential election scares everyone, big money investors are dumping stocks at an alarming rate, and stay awake without gulping more coffee
