Giles Money joins as a money manager in global growth equity strategies and Lucrecia Tam as an equity analyst focused on industrials,
Today's <i>Breakfast with Benjamin</i> menu includes: What to know if you want to use active bond funds, all the jobs news is not good, oil climbs but it won't last, and the mother of all corporate tax inversions.
The executive, who led Western Asset Management Co. during its purchase by Legg Mason Inc., spent more than three decades in the investing industry.
The key is diversification, not amplification
Tuesday's <i>Breakfast with Benjamin</i> features a warning over it not being too early to worry about a jump in oil prices. Plus, Vanguard ramps up its financial advice offerings, the pain of diverging global economies in 2015, and John Paulson's painful comeback effort.
BlackRock poll show most find it hard to pay bills and put money aside for retirement; Social Security considered key source of income.
In an <i>InvestmentNews</i> exclusive, the Bond King explains his 'constructive obsession' with defeating rivals and answers advisers' burning questions. <b>More coverage: <a href="http://www.investmentnews.com/section/specialreport/20141006/GROSS" target="_blank">Our special report on Gross' next chapter</a></b>
<i>Breakfast with Benjamin:</i> Janet Yellen and her Fed colleagues remove a key phrase in discussing rates and stocks rally, gold declines. Plus: Is it good news for savers? And an offbeat year-end list; Obama normalizes relations with Cuba.
After equities rose the most in a month, investors await key reports on jobs and the economy
Legg Mason CEO Joseph Sullivan said a “transition” of assets is under way in the bond industry after the departure of Bill Gross from Pimco to Janus Capital prompted investors to set billions of dollars in motion..
Tuesday's <i>Breakfast with Benjamin</i> features bond sales hitting a new record as rate hikes loom. Plus: Bracing for a global currency war, falling oil prices catch fund managers by surprise, and making 2015 the year of the maxed-out 401(k).
'Swallowing hard' and sending checks to clients, Guggenheim sticks with strategy for advisers.
On Thursday's <i>Breakfast with Benjamin</i> menu, the Government Accountability Office solves the riddle of the multimillion-dollar IRA. Plus: Oil stocks bounce on the Senate's Keystone 'no' vote, seniors can't wait for Social Security, and strippers pose a threat to the '1099 economy.'
The level of noise surrounding the financial markets can interfere with sound decision-making.
Real assets making up 10% of institutional "inflation buckets."
Due diligence on funds requires blending performance data with professional judgment
Banks, lenders extend last week's gains; automakers advance.
JPMorgan estimates global demand will outstrip supply by roughly $400 billion.
Start your week with <i>Breakfast with Benjamin</i>, featuring a global bond market mismatch that now has demand far outstripping supply. Plus: Loading up on stocks after retirement, how Larry Summers got it wrong, and new liquid alts players breaks it down for investors and advisers.
The advantages of active strategies come from identifying value with respect to credit risk, interest rate levels and currency valuations, according to Legg Mason's Thomas Hoops.