Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., said the U.S. should consider “full nationalization” of the mortgage- finance system.
A London-based provider of exchange-traded funds is planning to launch 18 commodities-based ETFs and a precious-metals basket ETF.
A New York financial adviser pleaded guilty to rigging bids for investments sold to local governments, the fifth person to admit participating in an industrywide conspiracy to profit at taxpayers' expense.
Tool will help ETF providers to focus their marketing and educational materials on the needs of advisers.
Grail Advisors, Claymore Securities bag several smaller funds; more firms to follow suit?
Buyers of government bonds beware. Efforts by central banks to stimulate the global economy are distorting bond and currency prices and causing potential economic dislocation, according to Matthew McLennan, a portfolio manager for the First Eagle family of funds.
Vanguard said Thursday it will expand its index investment offerings with 19 new mutual funds, each with an exchange-traded fund version holding the same stocks or bonds as the companion mutual fund.
A weak economy, dropping stock market and low interest rates are bringing a strong boom to the weakest-rated fixed-income sector — high yield — giving investors top relative returns.
Pimco's Bill Gross said the U.S. government should offer to refinance mortgages for homeowners as a way to stimulate the struggling economy.
Investors should purchase Hershey Co. options because their prices don't reflect the high probability that Nestle SA will bid for the candymaker, according to Capstone Global Markets LLC said.
Growing dissatisfaction among conservatives and independents with President Barack Obama before this year's midterm elections is good news for stock investors if history is any guide.
Groups argue the Harkin amendment would undermine the goal of strengthening the standard of care for investors.
Annuity sales skyrocketed during the second quarter at Prudential Financial Inc., thanks to a push to expand distribution relationships in the bank and wirehouse channels.
Bob Doll, the vice chairman and chief equity strategist at Blackrock, sat down with InvestmentNews to offer his thoughts on the direction of the global markets, as well as interest rates, over the next several weeks and for the remainder of 2010.
The three firm companies join the growing number of firms looking to get into the active ETF area.
MetLife stays at the top, with Prudential and TIAA-CREF right behind
The oracle's yearly note to Berkshire-Hathaway shareholders was once a big event in investor circles. Now, it's lost its luster. Blame familiarity.
The second quarter opened up with high hopes and generally positive expectations for the remainder of the year. As noted last quarter, there was a wide variety of opinions on the strength of the recovery but a strong majority believed a recovery was in fact under way.
