90% of the assets put in ETFs in quarter went to low-cost provider.
<i>Friday's menu:</i> Consumers still left in the loan lurch. Plus: Which manager just jumped into the liquid alts pool? Some stocks for a rising-rate cycle; commodities are hot again; European banks ride the wave; and Merrill trims its housing outlook.
Obama budget proposal seems to target some Social Securities claiming strategies but this popular one is safe - for now.
With two money manager acquisitions in the bank this week, industry watchers see more on the way. Which firms are top targets?
<i>Breakfast with Benjamin:</i> Fighting technology with technology. Plus: Know your ETF or don't invest, how not to advise clients, a pyramid to financial success, biotech on the rebound, and Russia addresses meat shortage with the Easter turkey
A selloff in the bull market's biggest winners overshadowed optimism on Federal Reserve monetary stimulus.
<i>Breakfast with Benjamin:</i> It's a bad time for stocks, based on the presidential cycle. Plus: The Nasdaq tests correction territory; most money managers think U.S. stocks are pricey (but there is a market they love); a tech ETF for nervous investors; what advisers wish investors knew; and having delicious fun with Crème Eggs.
<i>Breakfast with Benjamin:</i> Which way for stocks on big data day? Plus: The downside of low rates; GM gets some love; Earth Day and earthy companies; the surging price of shrimp makes cheap food, well, less so; and reflection and hope in Boston.
Major stock market indexes wrapped up their worst week since 2012 with more losses on Friday as investor concern over too-high stock prices sent them to the exits. With the S&P 500 erasing its gains for the year and earnings season just starting, is the long-awaited correction at hand?
Long/short strategies can play an important role in a portfolio, but they're not all created equal.
A special meeting to elect a new board will be called on or before May 23, according to a statement by the Newton, Mass., real estate investment trust.
B-D that was part of Massachusetts settlement is now facing questions from Pennsylvania
After shutting its exchange-traded fund unit in 2002, Nuveen comes back to the table with a new plan.
Progress, the needs of an expanding population and globalization bode well for the environmental services sector, which is a $55 billion industry, spanning everything from protecting the water supply to the disposal of nuclear waste.
<i>Breakfast with Benjamin:</i> The bull run is not over; neither is the spike in volatility. Plus: The upside of suddenly cheaper stocks, JPMorgan's big miss, mutual fund investors always get creamed, placing speed bumps in front of high-frequency traders and not having Kathleen Sebelius to kick around anymore.
Earlier this month, Puerto Rico sold $3.5 billion in bonds but since the sale, some of the bonds have changed hands at less than the minimum amount for some investors. Finra is taking a look.
Hedge funds seeking to participate in Puerto Rico's planned bond offering are asking that the commonwealth raise enough money to meet its needs for two years, two people with knowledge of the preliminary talks said.
Fund company says while there's “room for improvement,” commonwealth "moving in the right direction."