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.
Founder of Garrett Planning Network says investors with low net worth can be served in a market where all advisers must act in their best interests.
Firm runs crash-test analysis to identify biggest losers &mdash; and winners &mdash; if the tension escalates. You might be surprised at the results.
Search for yield, along with a more predictable Federal Reserve has investors dumping adjustable-rate bank loan funds.
Opportunities in municipal bonds: Potential opportunities to achieve high income over the long term if liquidity from other fixed-income investments dries up.
CEO bows in apology to Japanese customers; possible theft of 850,000 units.
Whether or not bitcoin ever rivals the dollar, the digital currency platform could be a springboard for future monetary innovations.
<i>Breakfast with Benjamin:</i> Why interest rates won't rise soon, from N.Y. Fed chief William Dudley. Plus: Why interest rates <i>will</i> rise soon, from another Fed governor, more reasons to expect a stock market correction, the end of the Tea 'party,' and what sets Warren Buffett's favorite bank apart.
Contrary to a popular belief that interest rates are destined to rise significantly, we may be re-entering the “old normal,” where the U.S. Treasury 10-year yield remains between 2% and 4% for an extended period.
They're less willing to take risks with money than men, but they'll ensure the mortgage is paid off.
Show respect for values, explain 'good' debt and accept that Hispanics don't put much emphasis on retirement.
Today's <i>Breakfast with Benjamin</i> menu: China moves hit T-bonds. Plus: Navigating a bond portfolio through rising rates, El-Erian says the market outlook is rocky, the price of meat is high and going higher, and math doesn't have to be so darn complicated.
While there is no evidence yet that broker-dealers are taking advantage of investors, the potential for harm remains.
Historically, access to alternative private investment opportunities has been for institutional investors, but now the mass affluent are demanding this access as well. In turn, a new product type, the interval mutual fund, is providing the next evolution in alternative investing.
Don't get too caught up in the good times while nontraded REITs are extremely lucrative and lose sight of proper client allocations.
<i>Breakfast with Benjamin:</i> Private equity giant wants in on liquid alts. Plus: QE might have a fueled high-inflation cycle, the small-cap stock ride is ending, time to get some defense in that portfolio, and the poor outlook for the long-term unemployed
Optimism about continued support from the Federal Reserve was not enough to prevent the worst recent decline for the Nasdaq Composite Index. Plus, find out which companies took a beating on first quarter earnings.
Money managers are turning on stocks that have delivered the best returns during the bull market: small caps.