Apparently, the recent municipal bankruptcies in California, along with fiscal fires in other states, don't seem to be cowing investors, who continue to stampede into muni bond mutual funds.
Questioning whether the city adequately disclosed financial information when it raised money from investors
Stocks returning 6.6% above inflation a thing of the past, says Pimco bond king; 'cult of equity is dead'
Allegedly raked in big commissions by selling policies that greatly exaggerated applicants' net worth; faces 30 years in prison, forfeiture of Escalade
Flagging fund giant turns to researchers at sister firm, Capital Guardian, to boost its equity performance
A Vanguard Group Inc. study refutes the concerns of founder John Bogle and others that exchange-traded funds encourage excessive trading
The general movement out of equity mutual funds and into bond funds continued in June, according to the Direct Fund Flows report from Morningstar Inc.
Department could launch program in a year; 'strong, broad-based demand'
DOL said to be investigating JPMorgan stable-value fund; 'Who is looking under the hood?'
The global financial markets and economy have been unable to return to steady growth following the financial crisis that began in 2008. This has not been without occasional bouts of optimism, where momentum builds as market participants embrace a growing expectation of reaching a critical escape velocity. However, these sentimental boosts have been fleeting. While each round has been distinct, it is worthwhile to note that the cycles are eerily similar.
By focusing on the characteristics of business innovation without regard for market capitalization, industry or geographic location, the Alpine Innovators Fund has developed a pattern of often moving independent from the overall market