Regulator reportedly questions whether fund company artificially boosted returns in its big fixed-income ETF by relying on lofty valuations; smaller firms could be at risk.
Less transparency for new products seems in conflict with the SEC's interest in increased disclosure of mutual fund holdings.
<i>Breakfast with Benjamin:</i> The Fed now says consumers are saving too much. Plus: SEC reforms add risk to money market funds; considering a worst-case-scenario for economic growth; what Eric Cantor brings to Wall Street; and another case for long-short equity investing.
This edition of <i>Breakfast with Benjamin</i> covers Bill Gross getting beaten at his own game, the SEC's focus on liquid alt funds, Obama's attack on corporate inversions, and more.
Deputy CIO Ivascyn sees opportunity in “prolonged and significant dislocation” in bonds backed by assets issued before markets collapsed.
The road Andrew Balls took from journalist to one of Bill Gross's new top deputies &mdash; all by the age of 40 &mdash; went through Oxford and Harvard, with a stop at Stanley Fischer. He's likely to become one of the public faces of Pacific Investment Management Co., so there are some things to know about him.
Aim is to create relevant benchmarks &ndash; and maybe a product.
Program guarantees members coverage at a group rate FSI has secured as the plan sponsor.
Manager of the long-short fund calls asset decline 'natural organic redemption' but others see investor focus on return.
<i>Breakfast with Benjamin:</i> Remember housing stocks? You should. Plus: How Pimco stepped in it, academics take on high-frequency trading, the bad math behind climate-change regs, and men are better retirement savers than women.
Midweek <i>Breakfast with Benjamin:</i> Yellen warned us. Plus: SEC probes Pimco ETF over asset pricing, America's 401(k)s are failing investors, and how Obama's attack on corporate inversions flunks basic math.
The fund company says performance of liquid alts has not been living up to the hype.
Vanguard has overtaken Pimco as the largest provider of taxable-bond mutual funds by assets, a title the West Coast firm has held for more than a decade. <i>(Don't miss: <a href="http://www.investmentnews.com/gallery/20140818/FREE/818009999/PH" target="_blank">5 reasons to own bonds now</a>)</i>
Agency's Investor Advisory Committee thinks current standard of income, wealth oversimplifies who should qualify to buy private offerings.
Nicholas Schorsch's RCS Capital has agreed to buy Cole Capital, which he also controls. <i>Plus: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935"" target=""_blank"" rel="noopener noreferrer">See our map of the REIT czar's empire</a></i>
With special dividend, KBS Real Estate Investment Trust II has paid shareholders $8.50.
Sudden stock decline gives money managers confidence to buy. Should advisers follow their lead?
<i>Breakfast with Benjamin</i>: A real risk thanks to the bull market: investors' sense of invincibility, plus El-Erian dishes on Pimco, second-guessing Calpers, and more.
The REIT czar's empire is broken down in this "simple" visual covering all entities under his purview
Mispricing of risk in the bond market is alive and well, and investors must beware of duration risk above all.
