Today's Breakfast with Benjamin: The regulator tells the mutual fund industry to stop promising safety and protection. Plus, the QE government bonanza, JPMorgan's Twitter beatdown, SAC Capital trial could go inside the hedge fund.
Thanks to the threat of rising rates, it's no longer a set-it-and-forget-it world. Now advisers have grabbed the core bond fund crown from Bill Gross and Jeffrey Gundlach, taking control over their own bond portfolios.
Firms developing series of multistrategy, multimanager offerings under new venture.
Highbridge Capital Management LLC, the JPMorgan Chase & Co. unit that manages about $31 billion, is starting an Asia hedge fund, returning to the market more than two years after shutting a predecessor fund.
ACLI chief calls N.Y. superintendent's comments 'inaccurate' and 'irresponsible.'
After settling with five independent broker-dealers in May over nontraded REIT sales practices with a $6.1 million deal, Massachusetts' top securities cop, William Galvin, has closed Round 2. Bruce Kelly has the latest details.
Says change for consistency, not effort to distance company from Armstrong.
GOP's tax cuts leave $2.5B revenue hole; race to zero
Global markets start the week strong, thanks to U.S. economic news. Plus: Schwab IMPACT coverage, Wall Street prophets, Veterans Day. Expertly curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
The much talked about 'great rotation' to stocks from bonds is a flawed theory because the correlation isn't direct, according to Sanford C. Bernstein. That means investors expecting a pop in stocks could be in for a disappointment.
Universal life policies sold in the '80s and '90s are at risk of lapsing, causing problems for clients and advisers.
Gold's precipitous drop brings it to a key level, $1,200 an ounce. Some experts think this is the worst it will get for the precious metal. Does that mean now's the time to buy?
Three big reports to hit the market, plus: Bitcoin spikes as euro takes a dive, Bernanke's prezzie to Yellen and advisers' big headache. Curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Clients have until Dec. 7 to make choices for 2014
Shares of Twitter surged 73% in their debut, the biggest IPO opening pop since 2007. Part of that was by design as management and bankers took the lessons of Facebook's botched IPO to heart. What's in store for the stock now?
Plus: Deutsche Bank's new China ETF hottest launch since 2007
