Net inflows at five-year high; seekers of yield have few options
Patrick Evershed, a former New Star Asset Management Holdings Inc. fund manager, was bullied by company founder John Duffield, who called him a “criminal” and a “moron,” according to Mr. Evershed's lawyer
Warren E. Buffett's Berkshire Hathaway Inc. invested $23.9 billion in the third quarter, the most in at least 15 years, as he accelerated stock purchases and broadened the portfolio beyond holdings in consumer and financial companies
Italy's passage of belt-tightening measures Friday, coupled with its impending change of leadership, calmed immediate fears about Europe's debt crisis, but investors should brace for more eurozone turmoil in the weeks and months ahead
Fee fiefdom losing ground to passively managed funds; low yields brings high scrutiny
Housing is inexpensive and should be attractive to legitimate buyers
With yields matching, even surpassing comparable Treasuries, municipals suddenly big with advisers
In-depth research shows little chance of domino effect after Jefferson County bankruptcy
Loomis Sayles fund manager says country will not exit the euro
The following is an edited version of an Oct. 12 speech by Paul Schott Stevens, president and chief executive of the Investment Company Institute, before the Rotary Club of Seattle
Citigroup Inc. has agreed to pay $285 million to settle federal allegations that its broker-dealer subsidiary misled investors about a complex $1 billion mortgage investment that the company was secretly betting would fail
Investors are skittish about real estate investments due to the beating that the sector has taken over the past few years, but alternative-investment managers say that real estate has some features that make it worth another look
Apparently, the GOP is not so keen on the SEC's plan to let the net asset value of money market funds drift, rather than remain at a constant $1 per share. Fund firms are no doubt happy to hear it.
Unless a 5-basis-point yield somehow sounds like a good deal, it might be time to start looking beyond the basic money market mutual fund
McNabb opposes excess capital requirements or floating rate NAV; 'will disappear'
Morningstar Inc. has launched the first of its forward-looking mutual fund ratings for 350 U.S. funds, which it contends will help investors evaluate the fund's future performance.
Legislation introduced last week that would impose a federal tax on financial transactions may be doomed as a stand-alone bill, but proponents say that it should be included in any broad deficit-reduction proposal
Has hired six new external wholesalers, bringing its roster to 54, and it expects to have 60 by the end of the year.
Pimco's Bill Gross said the additional easing programs hinted at by Federal Reserve officials will push yields on longer-term Treasuries higher
