Investing

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FIXED INCOME SEP 29, 2011
SEC expected to backtrack on muni rules

Industry observers think the Securities and Exchange Commission will have to backtrack on a proposal to increase the number of people regulated as municipal advisers

By Dan Jamieson
ALTERNATIVES SEP 29, 2011
A new breed of nontraded REITs

By Bruce Kelly
ALTERNATIVES SEP 29, 2011
REITs could come into crosshairs of Obama tax hike

The REIT industry is guarding against a potential proposal from the Obama administration that would impose new taxes on partnerships and similar companies with more than $50 million in gross receipts that are currently exempt from corporate income tax.

By Doug Cubberley
Adding liquidity to locked-up nontraded REITs
ALTERNATIVES SEP 29, 2011
Adding liquidity to locked-up nontraded REITs

For advisers whose clients may be invested in any of the some six dozen nontraded real estate investment trusts, here's something in the category of “it's about time”: liquidity

By MFXFeeder
MUTUAL FUNDS SEP 29, 2011
Muni-bond funds show signs of improvement

The worst may be over for municipal-bond funds

By Dan Jamieson
Uncounted $700B shows 'Armageddon is not right around the corner' for muni bonds
FIXED INCOME SEP 29, 2011
Uncounted $700B shows 'Armageddon is not right around the corner' for muni bonds

Citibank claims the Federal Reserve's reckoning of the muni market doesn't include $700B in bonds bought directly by individual investors. Why is this important? A), it underscores the lack of credible info about tax-exempt debt. And B), as one muni bond manager put it, 'Armageddon is not right around the corner.'

By John Goff
Apocalypse Not: Muni manager sees buying opportunity, not end of days
FIXED INCOME SEP 29, 2011
Apocalypse Not: Muni manager sees buying opportunity, not end of days

Pioneer muni fund sees increased interest, nice yields as angst subsides

By Jeff Benjamin
EQUITIES SEP 28, 2011
Boomers may stall equities for decades

By Bloomberg
After Fernandez exit, Fraenkel joins Fairholme
MUTUAL FUNDS SEP 27, 2011
After Fernandez exit, Fraenkel joins Fairholme

Vice chairman of Beacon Trust signs on as chief research officer

By Jeff Benjamin
MUTUAL FUNDS SEP 27, 2011
Janus faces tough slog as redemptions keep coming

Ninth straight quarter of negative outflows

By John Goff
Anxiety over performance shapes advisers loyalty to fund firms: Survey
MUTUAL FUNDS SEP 27, 2011
Anxiety over performance shapes advisers loyalty to fund firms: Survey

Survey finds they are more likely to stick with managers that display consistency -- but time horizon getting shorter

By Lavonne Kuykendall
EQUITIES SEP 27, 2011
Birinyi is still bullish, not cowed by doom and gloom

U.S. companies are earning too much for the bull market to be derailed by speculation that Europe's debt crisis will spread, according to Laszlo Birinyi, who advised clients to buy shares before they bottomed in March 2009

By Bloomberg
Bernanke signaling no quantitative easing supported by data
FIXED INCOME SEP 26, 2011
Bernanke signaling no quantitative easing supported by data

Federal Reserve Chairman Ben S. Bernanke tomorrow may disappoint stock investors betting on a commitment to step up stimulus. He has little choice, given rising consumer prices and a U.S. economy that is still growing.

By Doug Cubberley
ALTERNATIVES SEP 25, 2011
P-E flyers don't contain enough info, investors say

Survey reveals big disconnect between what investors want — and what fund managers think they want

By Jeff Benjamin
Are your tax-free munis legit? The IRS wants to know
RETIREMENT PLANNING SEP 23, 2011
Are your tax-free munis legit? The IRS wants to know

Agency to begin collecting data on municipal bonds from MSRB; has authority to nix tax break

By John Goff
RETIREMENT PLANNING SEP 23, 2011
Whitney's flood of muni defaults more like a drip

By John Goff
Bet on Bernanke producing 'monster' gains
RETIREMENT PLANNING SEP 23, 2011
Bet on Bernanke producing 'monster' gains

Ten-year Treasuries up 28% this year as fed head has managed to keep consumer prices in check

By John Goff
MUTUAL FUNDS SEP 22, 2011
Determining winners, losers from Fed's next move

No matter what the Federal Reserve does to jump-start the stalled economy — and no matter what that effort is called — financial advisers should anticipate more downward pressure on interest rates

By Jeff Benjamin
Obama speech recognizes hurdles for first time: Pimco's El-Erian
FIXED INCOME SEP 22, 2011
Obama speech recognizes hurdles for first time: Pimco's El-Erian

Pacific Investment Management Co.'s Mohamed El-Erian said President Barack Obama is moving for the first time to “get ahead” of U.S. economic challenges because the Federal Reserve is unable to revive employment on its own.

By Doug Cubberley
MSRB floats tough new rules for advisers in the muni market
RETIREMENT PLANNING SEP 22, 2011
MSRB floats tough new rules for advisers in the muni market

Regulator aims to impose fiduciary standard, compensation limits in bid to eliminate conflicts of interest

By Liz Skinner