Fidelity's active management heft and huge product-distribution capacity now extend to a corner dominated by Pimco as it launches actively managed bond ETFs.
Today's <i>Breakfast with Benjamin</i> sees Pimco CEO Douglas Hodge downplay Bill Gross' exit, big-money players identifying a stock market entry point, JPMorgan's huge data breach, and more.
Companies must heed the gentle warnings being given to them by Finra and the SEC on complex investments.
Stock-index futures were little changed, after the Standard & Poor's 500 Index posted a third weekly gain, as investors watched corporate results.
October jobless data become the focus amid solid earnings.
Says company has started the healing process; expects full recovery may “take some time.”
Distributions retain the tax characteristics of what happened in the REIT
<i>Breakfast with Benjamin:</i>Shopping season bodes well for stocks. <i>Plus:</i> John Hancock pushes for liquid alts in retirement plans; being thankful for seasonal market timing; and learning to fly drones for fun and profit
Today's <i>Breakfast with Benjamin</i> on hedge funds owning $16 billion in Puerto Rican muni bond debt, the scary similarities between advisers and psychics, why deep-water drilling looks like a bargain, and more.
Loaded up with goodies, gimmicks and hope
Investors weighed prospects for economic growth and corporate earnings to help gauge the pace of the recovery.
Execs replaced over what firm calls intentional errors; REIT king says problems will not affect other related firms. <i>(Plus: <a href="http://www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935" target="_blank">Untangling Schorsch's vast web</a>)</i>
<i>Bruce Kelly On Advice:</i> RCAP's acquisition of Cole Capital could pay dividends for Nick Schorsch's empire for years to come, though the transaction between two related companies raises questions.
As interest rates rise, triple-net lease nontraded REITs won't be able to sustain distributable cash, meaning asset values will drop.
RCS Capital seeks to pull out of a $700M deal to acquire two Cole companies from American Realty Capital Properties, which last week <a href="//www.investmentnews.com/article/20141029/FREE/141029902/nicholas-schorsch-downplays-arcps-23m-accounting-debacle"" target=""_blank"" rel="noopener noreferrer">revealed a $23M accounting error</a>.
On today's <i>Breakfast with Benjamin</i> menu, Bill Gross' Pimco exit is changing the way we look at star fund managers, Japan's latest stimulus plan triggers a market rally, watching out for those mutual fund tax burdens, and more.
Weak economic numbers and an Ebola panic spurred a pullback, causing the S&P 500 to give back the year's gains.
After Nicholas Schorsch's giant traded REIT, American Realty Capital Properties, <a href="http://www.investmentnews.com/article/20141029/FREE/141029916">revealed a big accounting debacle</a>, one large broker-dealer network temporarily put a stop to sales of one of Mr. Schorsch's nontraded REITs.
The chief financial officer and chief accounting officer of the Nicholas Schorsch-controlled real estate giant are out after company uncovers $23M in accounting errors in recent financial statements that it says were intentionally not fixed.
Head of the agency's Division of Investment Management will leave before the end of the month
