Investing

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FIXED INCOME AUG 08, 2013
Timing is everything: KKR's first fund falls flat

Private-equity giant KKR jumps into the closed-end market but rising rates skewer the fund's IPO amid 'chaos' in the market. But there may be a silver lining.

By JKEPHART
FIXED INCOME AUG 08, 2013
El-Erian says markets took tapering too far, calls Bernanke dovish

PIMCO's co-CIO says 10-year note rate could drop, economy 'fragile.'

By Gregory Crawford
FIXED INCOME AUG 08, 2013
Exhale: Lawmakers back status quo on muni bond tax exemption

By Jeff Benjamin
ALTERNATIVES AUG 08, 2013
Wells Fargo agrees to pay $105M to end MedCap suit

Investor recovery pool for failed private placements balloons by $105 million. Bruce Kelly has the details.

By Bruce Kelly
MUTUAL FUNDS AUG 07, 2013
Biggest gold bug puts his money where his mouth is

Peter Schiff launches a mutual fund that invests in the precious metal

By JKEPHART
EQUITIES AUG 07, 2013
Retail investors: Inch by inch, slowly they return

Contrary to reports, retail investors are getting back into the stock market. They're just taking it slow — as evidenced by the record inflows into balanced funds.

By John Goff
EQUITIES AUG 06, 2013
The Takeaway: Brokers, you're not supposed to enable money laundering

By Joshua Brown
ALTERNATIVES AUG 06, 2013
New covered-call fund from M.D. Sass hedges stock and bond markets

Offering uses strategy modeled after existing SMA; alternative to long-short equity investing

By Jeff Benjamin
MUTUAL FUNDS AUG 06, 2013
The Takeaway: What do advisers talk about?

By Joshua Brown
EQUITIES AUG 06, 2013
Nuveen's Bob Doll: Watch top-line revenue

Earnings acceleration likely needed for next upturn in stocks, strategist says

By By Bob Doll
ALTERNATIVES AUG 06, 2013
Hedge funds sitting on record amount of capital

Fund assets now up to $2.41T; investment gains the big contributor.

By Jeff Benjamin
ALTERNATIVES AUG 06, 2013
What's so bad about hedge fund advertising, anyway?

Fear-monger logic falls short

By Jeff Benjamin
ALTERNATIVES AUG 06, 2013
Nontraded REIT gets cease-and-desist order from Ohio

Regulators in Ohio have issued a cease-and-desist order against a nontraded REIT for pricing shenanigans. Bruce Kelly reports.

By Bruce Kelly
ALTERNATIVES AUG 06, 2013
Former CFO of a Thompson REIT slapped for weak due diligence

Actions compromised independence of embattled broker-dealer, TNP Securities, Finra says.

By Bruce Kelly
EQUITIES AUG 05, 2013
The Takeaway: Keep an eye on that sales assistant!

By Joshua Brown
ALTERNATIVES AUG 05, 2013
W.P. Carey joins nontraded-REIT-liquidity conga line

W.P. Carey is the latest nontraded REIT to join in the liquidity event frenzy, the sixth such REIT so far in 2013. The merger deal, if approved by shareholders, could mean a big premium.

By Bruce Kelly
ALTERNATIVES AUG 05, 2013
Securities America ends sales of a Schorsch REIT

Securities America, citing risk of overconcentration, ends sales of one of REIT maven Nicholas Schorsch's biggest-selling funds.

By Bruce Kelly
FIXED INCOME AUG 05, 2013
Pair of Pimco closed-end funds suddenly blue-light specials

A pair of Bill Gross-managed closed-end funds have been dragged down in the bond rout. How far down? The two are trading at a discount to their NAV — a rarity.

By JKEPHART
FIXED INCOME AUG 03, 2013
Bond rout: Just a blip or sign of bleak future?

By AOSTERLAND
FIXED INCOME AUG 02, 2013
Pimco's Gross adds Treasuries after TIPs bet misses

As investors were yanking $9.9 billion from his flagship fund last month, Bill Gross was adding Treasuries to make up for his wrong-way bet on inflation.

By Gregory Crawford