Hedge-fund manager David Einhorn cautioned against betting on the extension of a U.S. stock- market rally that he said was fueled by conditions that are difficult to sustain.
<i>Breakfast with Benjamin: </i>The average 401(k) balance tops $89K. Plus: Comcast buying Time Warner, Fink likes emerging markets while Buffet shuns Graham Holdings, California drought hits agriculture stocks, and the ultimate smart car.
Actively managed equity mutual funds are expected to distribute capital gains taxes at a far greater rate at the end of this year than any time since the market meltdown.
Neither the best- nor worst-case scenario is accurate and that means credit analysis is more important than ever.
Through last week, muni bond mutual funds have experienced 27 consecutive weeks of net outflows and while the investor exodus has not helped fund performance, it has contributed to the reality of basic bond math, which means higher yields.
New study finds Oracle of Omaha has outperformed every long-lived U.S. stock and mutual fund.
Alternative investments are 'increasingly becoming core,' strategist says
The recent spike in stock market volatility has put the financial advice community into scramble mode, with many advisers fielding calls from nervous clients while embracing defensive investment strategies.
Modest $10 billion cut plus reaffirmation of zero-interest rate policy puts nervous investors at ease.
Last week's string of positive U.S. economic data is once again drawing attention to the direction of gold prices. What will trigger the precious metal's next valuation move?
<i>Breakfast with Benjamin:</i> Apple's latest acquisition and what else it has up its sleeve. Plus: Microsoft's latest move; Netflix subscribers using Comcast can breathe easier; small investors get back into the trading game and training advisers to work with women.
Investors may almost triple the amount of capital they put into hedge funds this year, an annual survey by Deutsche Bank AG showed.
Fidelity Investments, the second- largest U.S. mutual fund company, reported a 13% increase in operating income last year as the rally in equities boosted assets.
<i>Breakfast with Benjamin:</i> Emerging market selloff raises contagion fears. Plus: Short-selling starts to make sense, Bill Gross plans to work till he's 109, Obamacare triggers downgrade of health insurers, economists bicker over minimum wage laws, and tricks of debt-free Americans.
It took Abigail Johnson 25 years to take charge at Fidelity Investments, the money manager controlled by her father. As she picks a new head for the firm's asset-management unit, her choice is likely to be a company veteran who rose through the ranks like she did.
Active strategies, diversification work and are necessary
Study shows usage rose 27% annually over five years as hype has grown.
Today: Who will be happy with Obama's budget blueprint? Plus, a contrarian idea for stocks, tapering already, gold, GMATs and g-forces.
As strategists warned of calamity, investors dropped $3B a week into emerging-market funds.
