The hedge fund industry saw investment returns decline by 1.4% in June. That's hardly a banner month, but the hedgies still managed to outperform the broad equity markets, which fell by 5.4% in June.
Pessimism and fear are creating opportunities in the second half of 2010 for those with cash, said Terry Diamond, chairman of Talon Asset Management.
Despite a tepid response from plan sponsors, asset management firms continue to develop and promote annuity-enhanced target date funds, insisting that demand for retirement income will spur interest.
Michael Hasenstab is senior vice president, portfolio manager and co-director of global fixed income at the Franklin Templeton Fixed Income Group.
Managers of private investment partnerships usually get paid both a base management fee and a performance fee. Many times, the performance fee isn't paid in cash, but is instead paid to the manager as an allocation of profits.
Music played on rare violins, violas and cellos brings joy to audiophiles and may also soon bring happiness to the wallets of investors.
Assessing risks from mutual funds' use of synthetics requires principals-based approach, group's task force tells SEC
The Charles Schwab Corp.'s effort to drum up business in its newly launched stable of exchange-traded funds by waiving commissions for its clients continues to draw intense interest from its competitors and advisers. At two separate conferences Wednesday, questions were raised about Schwab's ground-breaking decision with various levels of concern.
American Funds had for years been a darling of the adviser community, but after the market tanked in 2008, the funds' equity bent hurt performance.
The call for the week: I continue to attempt to “keep” the profits accrued since the March 2009 bottom.
The Charles Schwab Corp. last week announced the launch of six managed portfolios of exchange-traded funds available through a fee-based portfolio advisory program.
Take it from the experts at Morningstar: Don't blindly follow the stars in their rating system.
J.P. Morgan Asset Management has named George Gatch, the president and chief executive of J.P. Morgan Funds, as chief executive of its investment management Americas business, replacing Eve Guernsey.
U.S. One plans to file for three additional funds: a global-fixed-income ETF; a balanced ETF and a series of portfolios that will mimic target date funds.
Volatility has created new opportunities to invest in risk assets “because they've gotten so cheap.”
Mr. Dial is slightly overweight double-B rated loans, and slightly underweight triple-C rated loans. He has also added some high-yield bonds to the portfolio as a way to enhance performance.
New York-based Optima Fund Management, a $6 billion fund of hedge funds, thinks farming is a growing business.
Investors still feeling bruised by the terrible mutual fund returns of 2008 and early 2009 can expect to be disappointed again when they get their statements for the second quarter. While most fund categories did well in the first quarter, during the April-June period there were few places to hide.
Talk of a bond bubble has put skittish investors and financial advisers even more on edge over their large allocations to fixed income.
