The global economic crisis is leading to a possible “developed economy” recession in Europe and the United States that may be hard to alleviate, according to Pacific Investment Management Co. LLC's Bill Gross
Firms set to offer active funds promise not to use derivatives
Most think the average add on is about $6; it's not
Asset manager issues proposal to reform exchange-traded-fund industry
Custodian floats four exchange-traded funds; nixed all 17 country funds in 2009
Asset manager buying a boat load on junk bonds; yield ahead
The Municipal Securities Rulemaking Board has yanked all six of its proposed rules covering municipal advisers today, triggered by worries about the Securities and Exchange Commission's proposed definition of a municipal adviser.
Pacific Investment Management Co.'s Neel Kashkari said investors should buy equities because valuations, income growth and dividends show the asset class is attractive.
Asia local debt, managed futures and senior loans were among the top-selling strategies among new ETFs in the year's first half, a sign that investors are turning to more complicated — and in some instances riskier — asset classes to seek returns in today's markets
June's combination of flows out of active U.S. equity funds and into index funds was the highest since '09
The 25 defined-contribution money managers with the most mutual fund assets reported a combined total of $1.606 trillion as of Dec. 31, up 17% from a year earlier, according to sister publication Pensions & Investments' annual survey
Sequoia branched out by slashing its holdings in Berkshire, then reinvesting the cash; up 14% in 2011
The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half
The following is an edited transcript of the Aug. 23 webcast “Which Alternatives Now.” It was moderated by deputy editor Evan Cooper and senior editor Jeff Benjamin.
Exchange-traded funds make up a tiny fraction of the investments offered by 401(k) plans, but they could claim a larger share of the market as key providers add them to their platforms
Historians say actual record was set in 1945
Almost half of Leslie Quick's personal portfolio is dedicated to hedge funds, a position he's increased this year even as the lightly regulated asset pools have returned less than 4 percent.
S&P assigned AA+ scores to about 11,500 securities in the $2.9 trillion municipal bond market, including school-construction bonds in Irving, Texas; debt backed by a federal lease in Miami; and a bond series for multifamily housing in Oceanside, Calif.
