Pair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'
U.S. economic engine is humming, but sustainability is still in question; investors can find the most attractive risk-reward opportunities in the center of the risk spectrum, and gain protection in high quality and/or dividend growth equities.
Sticking to his guns has paid off for Bruce Berkowitz so far in 2012, as his Fairholme Fund was up 17% in January
Alternative investment managers Bridgewater Associates and AQR Capital Management are turning their attention to the defined contribution plan market with tweaks to their strategies.
Scott Schermerhorn, chief investment officer at Granite Investment Advisors, is so enamored with stock valuations in relation to the strength and direction of dividends that he believes portfolios should be tilted strongly in favor of stocks over bonds.
Bruce Berkowitz, whose $8 billion Fairholme Fund is suffering its second-worst year on record because of bad bets on financial firms, may have lost about $180 million today on Sears Holdings Corp.
Three years ago, John Paulson bet the house against housing and got incredible results. When the real estate bubble popped, the hitherto-unknown hedge fund manager pocketed a tidy $15 billion
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.
Many wealth managers are investing in emerging markets via products that track market capitalization weighted broad benchmarks, including the MSCI Emerging Markets (EM) Index.
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.
Robert Miller isn't a typical member of the National Association of Insurance and Financial Advisors
Asset managers that provide investments and nothing else may feel pricing pressure from index funds, plans sponsors
Indexed annuity program rewarding big Allianz sellers with exclusive products here to stay
