BlackRock Frontiers Investment Trust Plc, a $297 million frontier markets equity fund, said it returned 33% last year and expects attractive investment opportunities this year including initial public offerings.
International investors are the most upbeat about the global economy than at any time in almost five years, buoyed by the U.S.-led revival of industrial nations, according to the Bloomberg Global Poll.
Bond King Bill Gross will remain as chief investment officer, parent Allianz says.
Last year's roaring stock market helped IBD bellwether LPL Financial post record results. The company expects commission revenue from sales of alternative investments such as nontraded REITs to dip from the elevated levels of 2013 but remain solid.
<i>Breakfast with Benjamin:</i> Will Obama's 'myRA' work? Plus, finding the biggest divident payers, don't bail on stocks now, what you need to know <i>today</i> and enough, already, with the polar vortex.
But given their high fees and so-so returns, you may be better off avoiding them
Retail investors are buying options at historic rates, and using them more strategically
The financial adviser job slips further down the list of top 100 jobs to No. 41, although the profession is still a stand-out for opportunity and work-life balance. Liz Skinner has the reaction. <i>(See also: <a href="//www.investmentnews.com/gallery/20140123/FREE/123009999/PH"" target=""_blank"" rel="noopener noreferrer">The 10 best business jobs of 2014</a>)</i>
Wells Fargo & Co. has agreed to sell more than 40% of its insurance brokerage locations to focus bricks-and-mortar operations on higher-growth regions and bigger clients.
International investors are the most upbeat about the global economy than at any time in almost five years
Almost 20% of the 695 advisers who joined the firm last year came from big Wall Street firms. How long will this strategy work?
Waiting until age 60 or later to remarry preserves Social Security benefits.
With the equity markets cresting new thresholds and hitting record highs, financial advisers are finding themselves increasingly playing the role of psychologist to try and keep clients grounded and focused on long-term investment objectives.
It's a tough discussion that's not going away. It's only going to get tougher.
Despite customer withdrawals, money managers at T. Rowe, Janus report profits for the period.
Nicholas Schorsch finally got his prize Wednesday when American Realty Capital Properties Inc. said it had acquired rival Cole Real Estate Investments Inc. in a deal valued at $11.2 billion.
Competition for deals increases as more buyers are chasing fewer sellers across the independent broker-dealer space.
He will remain head of the DC business; Bruce Wolfe is COO of new business.
Rising Treasury yields and the biggest equity market rally in 16 years are leading one measure of stock valuations to the most bearish level since 2011.