Janus Capital said that Kumar Palghat, who worked with Mr. Gross at Pimco for 10 years, will help run the Janus Global Unconstrained Bond Fund, with Mr. Gross staying on as lead manager. Janus also bought a majority stake in Mr. Palghat's firm, Kapstream Capital.
Unraveling complex strategies will be a first step for planners working with same-sex couples. <i>(Plus, find out why advisers won't need to <a href="//www.investmentnews.com/article/20150626/FREE/150629933/a-lucrative-market-opens-for-advisers-as-marriage-legalities-level"" target=""_blank"" rel="noopener noreferrer">'specialize' to serve clientele in the gay community</a>.)</i>
The chairman of an Indian conglomerate is turning Kutsher's Country Club into a $250 million haven for affluent New Yorkers.
A look at the economic relationship of marriage following the Supreme Court decision making same-sex marriage legal in all 50 states.
The Supreme Court rules that U.S. tax subsidies are legal for all health insurance exchanges.
Senior citizens should be prepared for the next set of challenges facing them, including transportation needs and protection from financial abuse.
Top portfolio manager takes another perspective on an issue that BlackRock's Fink and other corporate critics have championed.
With retirement tools proliferating, clients need ones that advisers can use to tell a story.
A Goldman Sachs poll found that only 18% of young adults see the stock market as “the best way to save for the future.”
Institutional Intelligent Portfolios compels advisers to keep at least 4% cash allocation, offers platform for 10 bps.
Overall awareness still low but expected use forecast to climb sharply over next five years.
The IRS says it expects half of callers won't be able to get through.
On today's <i>Breakfast with Benjamin</i>, the market's reaction to a repeal of Obamacare might not be pretty. Plus: Financial advisers take on defined contribution plans, cheap oil uncovers driller debt burdens, and Kraft Foods gets (Cadbury Crème) Egg on its face.
More gay couples than ever will have access to Medicare benefits, but certain rules apply.
At Morningstar conference, the former Merrill Lynch boss said gender pay gap is a key obstacle to retirement savings.
But proponents look to the history of the fight to maintain optimism.
American couples often aren't on the same page when it comes to money.
Both chambers move to derail president's call for a best-interest standard for retirement accounts.
Forecasts are calling for the S&P 500 to rise 5.8% by year-end, the most optimistic call since 2011.
