Pacific Investment Management Co. has joined with London-based exchange-traded products provider Source UK Services to offer the first actively managed ETF focused on covered bonds.
State Street Corp., the second-biggest provider of exchange-traded funds, plans to introduce actively managed Systematic Core Equity, Growth Equity and Value Equity ETFs.
Stan Druckenmiller, one of the top-performing money managers of the past three decades, discovered a hard truth when he started investing in other hedge funds: Most don't treat their clients fairly, he said.
<i>Breakfast with Benjamin:</i> Fed tapering, Apple's dismal results, an emerging markets opportunity, and why even the Winklevoss twins are distancing themselves from Bitcoin.
Risks of the strategy can be great the returns even greater.
Despite worries over valuations &mdash; and the potential for a correction &mdash; the longer-term outlook for stocks is solid. As long as the global economic recovery continues to expand.
In seeking to stop Mohamed El-Erian from leaving Pimco, Bill Gross told him 'hell no.' It didn't work and now Pimco must revisit its succession plan as its struggle to move beyond bonds continues.
HedgeChatter to parse online financial chatter to drive investment ideas.
<i>Breakfast with Benjamin:</i> Apple's earnings will be a focus, but the big question for CEO Cook will be about Carl Icahn. Plus, the emerging markets rout isn't over, why it might be too early to buy the dip, Janet Yellen's Job One and who won big at Sunday night's Grammy Awards.
Weak earnings combine with currency volatility send investors to the exits
Move comes a week after Market Vectors launched identical product
Bond mutual funds in the U.S. posted record investor redemptions of $80 billion in 2013 as investors fled fixed income in anticipation that interest rates will rise further.
<i>Breakfast with Benjamin:</i> Will Obama's 'myRA' work? Plus, finding the biggest divident payers, don't bail on stocks now, what you need to know <i>today</i> and enough, already, with the polar vortex.
Bill Gross' love affair with Brazil is ending after 10 years as his bond bets sour from a steep drop in the local currency. The bond king cut Brazil bond holdings in his Total Return Fund to below 4%.
Our own behavioral finance expert has decided to join the crowd and offer a list of forecasts for the year ahead.
It's a tough discussion that's not going away. It's only going to get tougher.
What you need to know to get your Friday morning off to the right start, from InvestmentNews senior correspondent Jeff Benjamin. Today: Bill Gross quacks the whip, look out for the next housing bubble and what's happening to the Euro?
