The probe over alleged insider trading at SAC Capital is inching ever closer to boss Steven A. Cohan. On Friday, Michael Steinberg, a senior executive at the besieged hedge fund, was indicted for fraud.
U.S. equity funds have highest weekly inflows since June 2008
Investors yanked $9.7 billion in first month of outflows since 1994
Detroit muni bonds still offer opportunities, fund manager says
Missed $40M payment largest since Cleveland in 1978; 10 cents on the dollar
Detroit breakdown: Default or bankruptcy a clear option for the Motor City.
Contrafund boss one of the last gunslinger stock pickers; will what he corrals be OK?
Portfolio managers need to put some distance between their holdings and their benchmarks
The asset management company's shares have soared as its fund offerings have grown
The great skedaddle has forever changed view of debt instruments as safe haven
Advisers must convince clients they need assets besides cash and fixed income to sustain retirement
A half dozen nontraded REITs are planning 'liquidity events' that could float investors' boats. Bruce Kelly has the details.
DoubleLine boss Jeffrey Gundlach has managed to steer clear of the Treasury securities that tripped up Pimco's Bill Gross this year.
Investors consider category as higher quality than junk bonds
After investors interpreted Fed Chairman Ben Bernanke's recent comments as signaling a sooner-than-expected end to central bank bond buying, Fed officials have sought to alter that view and halt the surge in interest rates.
