Today's <i>Breakfast with Benjamin</i> looks at what the jobs report could mean for stocks, Argentina's strategy of denial and Federal Reserve data cherry-picking.
Underlying risk metrics suggest the Pimco Total Return Fund continues to have a tough time beating competitors.
Jumping on trend, UK bank follows on the heels of Sallie Krawcheck's new fund launched last month.
Guggenheim says the global rise of the middle class could yield returns for U.S. investors.
<i>Breakfast with Benjamin:</i> Argentina defaults. Plus: Fund managers deal with Argentina bond exposure; the Fed's-eye view of unemployment; fallout from Russian sanctions; San Bernardino goes to pot; and a cannabis stock rally adds a new twist to buying high.
Ailing fund company boasts many of the most successful alts products in the mutual fund business, but is it enough as its core bond business suffers?
The mutual fund giant pulls a Vanguard by undercutting the market with a suite of deep ETFs at the lowest cost.
Despite putting more money in mutual funds, advisers are working with fewer fund managers. This has meant declines for Pimco and BlackRock, while DFA and American Funds remain favorites.
<i>Breakfast with Benjamin:</i> Looking past all the geopolitical risk. Plus: U.S. investors finally start diversifying overseas, what's not to like about a marijuana ETF, how the Millennial generation slept through the bull market run, and a tribute to a fund industry critic.
Pimco continues to stand by its beleaguered co-founder, William H. Gross, following a report that the legendary bond manager threatened to resign after clashing with executives.
<i>Breakfast with Benjamin:</i> Advisers go liquid to navigate Yellen Fed policy. Plus: Global stocks are loving the Fed's latest non-move, energy stocks ride high on the unrest in Iraq, an IRS excuse that the IRS would never accept from you, and political correctness has the Washington Redskins surrounded.
BlackRock is ramping up its fight with Vanguard Group for U.S. retail investors by doubling the number of funds in its low-fee “core” series.
There are four essential starting-point considerations for every adviser deciding which alternative investments they might offer, and under which compensation arrangement.
<i>Breakfast with Benjamin:</i> Don't look now, but wage growth (for dishwashers, for example) is on the radar. Plus: The SEC's half fix for money funds, a golden cross for Goldman, judge blocks 'Wall Street Wolf's' sucker list, and big city life can be a drag.
Legg Mason Inc. is firing 62 Batterymarch Financial Management employees as it combines the affiliate with QS Investors, the global quantitative equity firm it's purchasing this year.
Split SEC votes 3-2 to pass rules on money market funds that end four-year struggle to toughen regulations.
Under new rules, prime money funds to float $1 share price, investors to be charged for withdrawals sometimes.