Investors are returning to the U.S stock market after the worst selloff in seven months, adding almost 52 times more money to exchange-traded funds that own equities than bonds.
Strategists from the Goldman Sachs Group to AMP Capital Investors and JPMorgan Chase are telling clients to hang on after losses that began with currencies in Turkey and Argentina spread to developed markets.
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.
Gauging investor interest in exchange-traded funds in much the same way as Twitter or Facebook tracks online friends.
<i>Breakfast with Benjamin:</i> Stocks holding steady after spike. Plus, Global markets shrug off Obama's meager sanction efforts, Yellen tries to have it both ways with rates, the Senate's housing market destruction plan, and 1,000 years of European border shifts.
Firm hopes the move allows it to compete with Wall Street brokerages.
Fidelity Investments said an undisclosed number of brokerage clients were affected Monday.
Bill Gross's Pacific Investment Management Co. was the only provider among the top 10 U.S. mutual-fund families to suffer net withdrawals last month, according to a report from Morningstar Inc.
The world's largest bond manager hired Harley Bassman, who was a managing director at Credit Suisse Group AG's securities arm, as an executive vice president and money manager.
$115B in flows nearly double previous high; active takes in just $38B
Friday's menu: Already on edge, investors brace for Sunday's vote in Crimea. And will sanctions against Russia even work? Plus: riding the storm out by staying invested, going long in emerging markets and taking a fresh look at copper. Oh, btw, it's jellybean Friday.
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.
Employers are turning to a new kind of adviser to help their employees save for retirement, a new survey shows.
Combined company is the largest publicly traded net-lease REIT, with value of $21.5B
In an era of heightened scrutiny for alternatives fund managers, investors are demanding more accountability but there's little consistency in boards in the private-fund sector.
After 'garden variety' correction, shares rebound with the strength of resilient sector leadership, bolstered by better-than-anticipated earnings and ongoing Fed monetary accommodation.
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.
