The wisdom of letting your manager worry about backwardation, contango when investing in commodities
Will offer the KKR Alternative Corporate Opportunities Fund and the KKR Alternative High Yield Fund, according to SEC filings
Morgan Stanley's earnings were down 50% in 2Q; MSSB's average annual revenue per rep now at $775K
Some 40% of new flows are going in Guidance Portfolios, a packaged strategy; 'counter-correlated sleeve'
Data analysis shows young clients get larger trading discounts than older ones, are less profitable -- and are more likely to dump their advisers
Genworth's chief investment officer Ronald Joelson, who oversees $75 billion in assets, is leaving to join Northwestern Mutual Life Insurance.
Morgan Stanley's estimate of the fair-market value of the Morgan Stanley Smith Barney unit is about 40% of what Citigroup believes the brokerage is worth, according to a regulatory filing
