For advisers whose clients may be invested in any of the some six dozen nontraded real estate investment trusts, here's something in the category of “it's about time”: liquidity
Not-so-binding arbitration? Two months after Raymond James Financial Services Inc. was ordered to pay $1.7 million as a result of an arbitration decision over suitability, the broker-dealer and the client are arguing in court.
The worst may be over for municipal-bond funds
Citibank claims the Federal Reserve's reckoning of the muni market doesn't include $700B in bonds bought directly by individual investors. Why is this important? A), it underscores the lack of credible info about tax-exempt debt. And B), as one muni bond manager put it, 'Armageddon is not right around the corner.'
Pioneer muni fund sees increased interest, nice yields as angst subsides
Galliard Capital Management Inc.'s stable-value funds, designed to preserve principal in tumultuous times, drew more than four times the usual inflows in August as market volatility increased, said managing partner John Caswell
Vice chairman of Beacon Trust signs on as chief research officer
Ninth straight quarter of negative outflows
Survey finds they are more likely to stick with managers that display consistency -- but time horizon getting shorter
U.S. companies are earning too much for the bull market to be derailed by speculation that Europe's debt crisis will spread, according to Laszlo Birinyi, who advised clients to buy shares before they bottomed in March 2009
MetLife Inc., the largest U.S. life insurer, regained the top spot in variable-annuity sales in the first half of the year, leading a group of five firms expanding their dominance in the industry.
Federal Reserve Chairman Ben S. Bernanke tomorrow may disappoint stock investors betting on a commitment to step up stimulus. He has little choice, given rising consumer prices and a U.S. economy that is still growing.
Survey reveals big disconnect between what investors want — and what fund managers think they want
Agency to begin collecting data on municipal bonds from MSRB; has authority to nix tax break
Ten-year Treasuries up 28% this year as fed head has managed to keep consumer prices in check
A federal judge agreed with a 28-year veteran agent that he was muscled out of his book of business by The Allstate Corp.
No matter what the Federal Reserve does to jump-start the stalled economy — and no matter what that effort is called — financial advisers should anticipate more downward pressure on interest rates
Pacific Investment Management Co.'s Mohamed El-Erian said President Barack Obama is moving for the first time to “get ahead” of U.S. economic challenges because the Federal Reserve is unable to revive employment on its own.
