Apparently, the recent municipal bankruptcies in California, along with fiscal fires in other states, don't seem to be cowing investors, who continue to stampede into muni bond mutual funds.
By focusing on the characteristics of business innovation without regard for market capitalization, industry or geographic location, the Alpine Innovators Fund has developed a pattern of often moving independent from the overall market
A third of this JPMorgan fund is invested in real estate investment trusts, commodities and inflation-sensitive equities, including metals, mining and infrastructure.
The latest research from Cerulli shows that money managers expect the assets they hold in alternative strategies to increase by at least 50% over the next three years
Managed-futures strategies haven't been hot performers for at least two years, but asset flows and investor interest suggests the strategy is being viewed as a solid hedge against risk.
San Bernardino is the third municipality in California to face tough choices about how to deal with its balance sheet ... and it might not be the last
State Street now the world's largest hedge fund administrator with purchase of Goldman unit
