Bruce Berkowitz, suffering from redemptions after loading the Fairholme Fund with financial stocks, sold his stakes in Goldman Sachs Group Inc. and Morgan Stanley while keeping Citigroup Inc. and Bank of America Corp.
The classic strategic reasons to own municipal bonds still hold true: They generally have low correlations to other asset classes and offer a meaningful tax advantage to investors — features that are unlikely to change in the near term.
Many wealth managers are investing in emerging markets via products that track market capitalization weighted broad benchmarks, including the MSCI Emerging Markets (EM) Index.
Asset managers that provide investments and nothing else may feel pricing pressure from index funds, plans sponsors
David Lerner Associates Inc. was sued today by investors who claimed it misstated the business model of Apple Real Estate Investment Trusts and misrepresented the value of shares and returns.
Just don't go overboard, say T. Rowe Price specialists
This white paper from Invesco explores why it's critical for advisers to prepare their clients for market cycles and periods of risk, and how investors can position their portfolios to hold up in any economic environment.
What a difference a year makes. Twelve months ago, banking analyst Meredith Whitney predicted that 2011 would bring “hundreds of billions of dollars” of municipal bond defaults due to intense fiscal stress on states and local governments.
U.S. home prices will continue to decline through late 2012 or early 2013 as negative equity and weak job growth hinder a real estate recovery, according to a survey by Zillow Inc.
Credit Suisse Group AG is talking with Mesirow Financial Inc on the possibility of buying the firm's hedge fund investing unit, according to published reports.
Investors reaching for yield are finding it in an unlikely place: battered financial companies.
Plenty of less sizable businesses make substantial payouts to shareholders, says Heartland fund manager
When it comes to shareholder payouts, a trio of businesses stand out, says Goldman PM Troy Shaver
Stock rally to cut into bond yields, Wells Capital predicts; time to overweight equities
