Investing

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Were volatility strategies to blame for the August drop in stocks?
EQUITIES SEP 22, 2015
Were volatility strategies to blame for the August drop in stocks?

Risk parity comes under scrutiny for its potential impact as prices slumped. The upshot: Maybe not

By Bloomberg
Buyout spree looms as discounts in U.S. real estate stocks deepen
ALTERNATIVES SEP 21, 2015
Buyout spree looms as discounts in U.S. real estate stocks deepen

More takeovers may follow Strategic Hotels, BioMed deals as REIT shares offer 15% discount to buying individual buildings.

By Bloomberg
Goldman Sachs faces stiff competition as it breaks into hot ETF market
ETFS SEP 21, 2015
Goldman Sachs faces stiff competition as it breaks into hot ETF market

With the $3 trillion in exchange-traded funds worldwide expected to double by 2020, the powerful bank is preparing to launch its first line of them.

By Eric Balchunas
Successful go-anywhere bond funds kept bets in check – but was performance due to skill or luck?
ALTERNATIVES SEP 21, 2015
Successful go-anywhere bond funds kept bets in check – but was performance due to skill or luck?

New analysis suggests the difference between top and bottom unconstrained funds was Treasury exposure and the effectiveness of the manager's market timing.

By Trevor Hunnicutt
MUTUAL FUNDS SEP 20, 2015
Exit fees in times of market stress: A solution in search of a problem

Allowing mutual funds to flip a switch and turn on exit fees for investors on a moment's notice seems reactionary and short-sighted.

By Andrew Leigh
EQUITIES SEP 18, 2015
More distressing news for the 'Diva of Distressed' Lynn Tilton

<i>Breakfast with Benjamin</i>: Lynn Tilton is now being charged with 'grossly' mismanaging $100 million in investor assets, which she denies.

By Jeff Benjamin
The rise and fall of commodities puts some advanced economies on the ropes
EQUITIES SEP 18, 2015
The rise and fall of commodities puts some advanced economies on the ropes

<i>Breakfast with Benjamin</i> The atrophy of the manufacturing sector as commodity prices wane is wreaking havoc on a number of advanced economies.

By Jeff Benjamin
Why the upward trend for stocks is no more
EQUITIES SEP 18, 2015
Why the upward trend for stocks is no more

Plus: Goldman's Cohen says don't chase high-dividend stocks, university endowments become hedge funds, and companies are taking the carbon tax threat seriously

By Jeff Benjamin
Interest rate rise could touch off volatility in bonds, says JP Morgan's Dimon
FIXED INCOME SEP 18, 2015
Interest rate rise could touch off volatility in bonds, says JP Morgan's Dimon

Jamie Dimon, JPMorgan's chief executive officer, said bond prices could move violently when the Federal Reserve raises interest rates rise.

By Bloomberg
Federal Reserve holds rates at zero; some advisers call it a lost opportunity
EQUITIES SEP 18, 2015
Federal Reserve holds rates at zero; some advisers call it a lost opportunity

Central bank cites cloud of concern over weakness of the global economy, surging U.S. dollar and sleepy economy, but some advisers said the Fed should have lifted rates.

By Jeff Benjamin
First Goldman Sachs ETFs are cheaper than some from Vanguard
EQUITIES SEP 17, 2015
First Goldman Sachs ETFs are cheaper than some from Vanguard

New ActiveBeta funds, which try to beat the market, give Goldman a foothold in ETFs.

By Trevor Hunnicutt
The Fed sets the stage for a December tantrum
EQUITIES SEP 17, 2015
The Fed sets the stage for a December tantrum

<i>Breakfast with Benjamin</i>: Janet Yellen's September delay could lead to a December repeat of the taper tantrum.

By Jeff Benjamin
ETFs in spotlight as exchanges, regulators seek fix after August volatility
ETFS SEP 17, 2015
ETFs in spotlight as exchanges, regulators seek fix after August volatility

Rules governing markets need to be updated because they aren't designed to cope with the proliferation of exchange-traded funds: BATS CEO.

By Bloomberg
EQUITIES SEP 17, 2015
Market-cap-weighted ETFs: Not always what they're cracked up to be

The strategy can help deliver gains when times are good but can damage the diversification investors often blindly rely on when allocating to many index-based ETFs.

By Rick Genoni
Jeffrey Gundlach's DoubleLine opens its first alternatives fund
ALTERNATIVES SEP 17, 2015
Jeffrey Gundlach's DoubleLine opens its first alternatives fund

In a year when its peers lost 15% investing in commodities, DoubleLine wades in with a long-short strategy.

By Trevor Hunnicutt
Janet Yellen faces off with the 'Greenspan trap'
FIXED INCOME SEP 16, 2015
Janet Yellen faces off with the 'Greenspan trap'

<i>Breakfast with Benjamin</i> To hike interest rates or not to hike, and how to avoid the 'Greenspan trap.'

By Jeff Benjamin
MUTUAL FUNDS SEP 16, 2015
Mutual funds could charge for withdrawals during periods of high volatility under SEC proposal

Mutual funds may be able to charge their investors who rush to cash out during periods of market stress under a rule being considered by the SEC.

By Bloomberg
Deutsche Bank say the Fed should not raise rates
EQUITIES SEP 16, 2015
Deutsche Bank say the Fed should not raise rates

<i>Breakfast with Benjamin</i>: Deutsche Bank lays out seven reasons why the Fed won't raise rates next week.

By Jeff Benjamin
Federal Reserve interest rate hike unlikely to roil financial markets
FIXED INCOME SEP 16, 2015
Federal Reserve interest rate hike unlikely to roil financial markets

Janet Yellen has the fixed-income market just where she wants it: ripe for the first increase in U.S. interest rates since 2006.

By Bloomberg
ETFS SEP 16, 2015
Advisers remain loyal to American Funds through ups and downs

The unshakable fealty of financial advisers is starting to pay off for American Funds in the wake of historic sales declines.

By Trevor Hunnicutt