The head of the world's biggest bond fund said he sees a more than 1 in 3 chance that the euro zone will break apart and trigger a financial crisis.
Hedge fund manager expects run on financial institutions in Spain, Greece and Italy; Latvia was coming attractions
Wells Fargo & Co. will pay up to settle criminal charges and civil claims for Wachovia Bank's conspiring to overcharge state and local governments on investments.
It is that time again
The following is an edited transcript of an Oct. 25 round-table discussion moderated by <i>InvestmentNews</i> deputy editors Evan Cooper and Frederick P. Gabriel Jr.
Mutual funds that invest in real estate investment trusts paid off in a big way for investors last year — as long as they stayed within the United States. The average domestic real estate mutual fund returned more than 6% last year, about 400 basis points more than the S&P 500.
Total Return Fund boss reverses course, boosts holdings of government paper to 30%
MetLife Inc. must defend a lawsuit by the beneficiary of a policy who claimed the insurer paid $302,000 to the wrong person.
Caplan oversees $83 million acquisition of flat-fee VA seller; targets RIAs
Bill Gross is backing away from Pacific Investment Management Co.'s outlook for a “new normal” after lagging behind the majority of his peers during the biggest bond-market rally in nine years.
His research shows returns have dipped substantially since the 1990s; compensation eating into payouts
There's no need for shareholders of DWS Investments' mutual funds to rush to the exits.
A 12-year-old coffee mug has a permanent place on the right corner of my office desk. Given to me by an Allianz executive to commemorate PIMCO's marriage in 1999, it reads: “You can always tell a German but you can't tell him much.”
Regulator fines Wells Real Estate unit $300K for misleading marketing; says distributor claimed Wells Timberland was a REIT when it wasn't
The Innovator Matrix Income Fund utilizes eight categories of pass-throughs to generate a return of 7%-9%.
Buying bonds for safety, when so many stocks are yielding such attractive dividends, is a losing strategy: Ave Maria manager.
U.S. workers' health insurance premiums rose 63% between 2003 and 2010 as employers shifted more of the burden of rising medical costs to individuals and families, according to a study from The Commonwealth Fund
