For financial advisers and money managers, the latest twist in the eurozone's deepening debt drama — Ireland's $116 billion rescue package — is a stark reminder to remain nimble-footed with regard to exposure to foreign debt.
Forget the talk about a collapse in the municipal bond market — investors should be buying, according to a research note distributed today by Municipal Market Advisors.
The SEC should move with haste to revamp 12(b)-1 fees
Lenders demanding -- and getting -- more concessions from corporate borrowers; 'pushing back'
High levels of correlation in the U.S. stock market have made picking individual stocks increasingly difficult. Recent studies indicate that about 80% of price action in the majority of widely traded stocks is closely correlated to a related index.
Don't hold your breath waiting for changes in mutual fund marketing fees.
Confluence will audit data through Oct. 29; 'the year of transparency'
Index specialist's cheaper funds gaining fast on BlackRock, State Street; 'hard pill to swallow'
BlackRock Inc. is losing its tight grip on the $927 billion U.S. ETF market — potentially costing the company hundreds of millions of dollars in revenue — and the competition is just starting to heat up
Morningstar Inc. may consider reviewing the way it displays information to financial advisers and their clients about returns on variable annuity subaccounts.
Financial advisers and mutual fund executives are increasingly worried that the latest insider trading probe will result in regulations limiting how active fund managers are allowed to use outside research, hurting returns and prompting investors to flock to index funds.
Diamondback Capital Management LLC, one of three hedge funds raided by the FBI last week, said it received a federal grand jury subpoena and is cooperating in a U.S. probe that it said includes research consultants.
Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., cut holdings of government-related debt and bought more mortgages in September.
The Vanguard Group Inc. is looking to expand its non-U.S. exchange-traded-fund business in the next five years. Specifically, the firm intends to enter Hong Kong and Canada next year, said F. William McNabb II, president and CEO.
Wellington Management Co. LLP issued a statement Friday saying it had been told it isn't a target in the current insider trading probe, despite having received a subpoena last week as part of the investigation.
Morningstar Inc. may consider reviewing the way it displays information to advisers and their clients about returns on variable annuity subaccounts.
The global financial markets are still trying to regain some stable footing following the $116 billion bailout of some of Ireland's largest banks.
Preferential tax treatment for retirement programs and insurance products are threatened in a draft proposal from the chairmen of the national deficit commission, according to advocates.
News of a federal investigation reportedly probing mutual fund companies, broker-dealers and consultants — as well as investment banks and hedge funds — could cause investors to dump equities, according to industry observers and financial advisers.
