Finding stocks to sell short is like “shooting fish in a barrel,” according to Harry Rady, chief executive and portfolio manager at Rady Asset Management LLC.
After being battered by a rough market in 2008, target date funds continued to face the problems of attracting consistent contributions from participants, controlling the amount of pre-retirement distributions and discouraging investors from bailing out after they retire, according to a report from J.P. Morgan Asset Management.
If timing is everything, the mutual fund industry couldn't have picked a worse time to launch managed- payout funds.
The moral of the story? Look beyond past fund performance for winners of tomorrow.
In November 2008, many investors believed we were on the edge of financial disaster. Panic was sweeping Wall Street and Main Street. The global economy was in disarray. Now, a little more than a year later, stock market values have rebounded sharply, frozen credit markets are now flowing more freely, and there is greater liquidity in the financial -system.
Jacques Perold was named head of Fidelity Investments' $1.4 billion asset management group, which includes Pyramis Global Advisors, said Vincent Loporchio, spokesman.
BNY Mellon Asset Management acquired a 20% minority interest in Siguler Guff, a New York-based multistrategy private equity firm with roughly $8 billion in assets under management and committed capital.
The actively managed exchange-traded-fund market is expected to explode as top mutual fund companies consider entering the business or expand their lineups.
The hedge fund industry's premier trade group, the Managed Funds Association, has decided to ban the media from its upcoming annual conference in Key Biscayne, Fla.
Exchange-traded-fund providers said today they are willing to consider joining a proposed ETF trade organization, but only if it could prove its value.
Exchange-traded commodities funds will evolve and prosper, despite having drawn the attention of regulators concerned that they may have helped fuel a run-up in oil and natural-gas prices, according to a panelist at the <i>InvestmentNews</i> ETF Insights virtual conference last week.
Swiss Reinsurance Co. Ltd. last week introduced a $75 million catastrophe bond that covers extreme mortality risks.
Legendary investor Benjamin Graham wrote in <i>The Intelligent Investor</i> that the proportion of an investor's portfolio held in bonds should never be less than 25% or more than 75%.
T. Rowe Price's target-date fund family was the best performing in 2009, followed closely by funds from John Hancock, according to Russell Investments research.
Even though equities are already riding the stock market's rally since March, they are still too attractive to ignore, according to Margie Patel, who manages nearly $1 billion in two balanced funds for Evergreen Investments.
A second commodity-linked iPath exchange-traded note issued by Barclays Bank PLC – the iPath Dow Jones-UBS Platinum Subindex Total Return Exchange Traded Note (PGM) – stopped trading today due to an “ongoing regulatory review” of such products, the bank said in a statement.
With the U.S. dollar staging a surprising rally, investors who have piled into foreign stock and bond funds may get burned, some market watchers say.
The three winners of the 2009 Fund Manager of the Year awards announced today by Morningstar Inc. all have one thing in common: they all stuck to their investment strategies during a difficult period, laying the groundwork for last year's success.
