U.S. fund companies are pushing back against claims that some firms may be too big to fail, saying that singling out a few large money managers and subjecting them to more regulation would hurt competition and ultimately fund investors.
How much can the year's surprising mutual fund flows tell us? Leuthold Weeden Capital Management's Kristen Hendrickson takes a deep dive and provides insight into how the rest of the year could play out.
In a head-turning move, newcomer to the independent broker-dealer industry Nicholas Schorsch is pulling off the largest independent-broker-dealer acquisition in years, with a cash deal to buy Cetera Financial Group.
Hedge fund fees have been trending downward for six years, but could they vanish completely? And what kind of impact could this have on the industry?
Money manager recommends diversifying and considering alternative fixed-income investments.
Only 15% of those surveyed are comfortable with the term
Two on panel annoyed with regulatory action on "too big to fail"; Gallagher says asset managers shouldn't be considered systemically key.
Thinking of getting your clients into liquid alts? Read this first.
Bringing light and due diligence should be a priority for the investment advice industry.
Today's <i>Breakfast with Benjamin</i> menu: Finra targets trading trickery. Plus: Credit Suisse pleads guilty to tax evasion, dealing with the Fed's giant balance sheet, Treasuries vs. gold and 10 great baseball movies to see this summer.
The duo, who claimed Mark Zuckerberg stole their idea for a social-networking website, are seeking to open the Winklevoss Bitcoin Trust as the first ETF tracking a virtual asset.
Investors are plowing money &mdash; $5 billion in April alone &mdash; into equity ETFs, betting that an expanding economy will overwhelm concerns such as slowing earnings growth, rising valuations and the end of Fed stimulus.
Legg plans to work with UK-based institutional investor to develop retail funds
Once the domain of institutions and ultra wealthy, hedge funds and private equity funds are seeking ways to tap into the huge pot of 401(k) assets. But given their high fees and so-so returns, investors may be better off avoiding them.
With three straight months of inflows, the hedge fund industry now boasts a record $2 trillion in assets. The $469 billion funds-of-hedge-funds business, however, has had just two months of net inflows in the past 24. Jeff Benjamin on what's going on.
<i>Breakfast with Benjamin:</i> The bond market's oddly logical rally. Plus: Retail and professional investors get cautious, gold tops $1,300 an ounce, the income opportunities in deep-water drilling, and clarifying Thomas Piketty's attack on capitalism
“By and large the bond market is over. Maybe you want to put some James Bond in your portfolio,” a top strategist said at the IMCA conference.
Next year, three-decade T. Rowe Price veteran will no longer run the firm's second largest fund.
Hedge fund fees have been trending downward for six years, but could they vanish completely? And what kind of impact could this have on the industry?
<i>Breakfast with Benjamin:</i> Some big names, including Nouriel Roubini, are warning about a bubble in corporate bonds. Plus: Jeffrey Gundlach knows where the bond market bear is, insider trading on fantasy, should you drop health care coverage, cities not enjoying a housing recovery and about that West Antarctic glacier.
