Redemption marks setback for the Janus fund manager, whose fund is down 1.2% this year.
<i>Breakfast with Benjamin</i> The market is expecting two small hikes, but the Federal Reserve is suggesting that four rate hikes might be on the table in 2016.
<i>Breakfast with Benjamin</i> Clever calculating that counted capital gains reinvestments as inflows gave Pimco's flagship fund its first month of inflows since April 2013.
Amid triple-digit plunge, financial advisers fear volatility is the new norm.
As investors rush to protect their portfolios in a tumultuous start to the year, odds are they will be using options on exchange-traded funds to do it.
<i>Breakfast with Benjamin</i> While it might be tempting to pit the Bond King's new Janus fund against the Pimco Total Return Fund, they are different animals.
The $357 million of interest due on general-obligation debt will be paid, as the island seeks to restructure a $70 billion debt burden.
Plus: The Fed's rate hike isn't likely to be enough to derail corporate America's borrowing binge.
<i>Breakfast with Benjamin</i>: Why those claiming the junk bond market looks just like the start of the 2008 financial crisis are wrong.
Some highs and lows, swings and misses
Plus: Most consumers are optimistic about improved household finances next year, embracing a contrarian investing strategy, and what the Dow was like in the beginning
Good infrastructure products are unlikely to wildly outperform equities, but they're also unlikely to create serious losses
<i>Breakfast with Benjamin</i>: Smart beta was the top financial search term on Investopedia in 2015, and for good reason.
Hedge-fund assets contracted by $95 billion to $2.87 trillion during third quarter amid a surge of fund closures.
BlackRock CEO Larry Fink gives Federal Reserve chairwoman Janet Yellen rave reviews for her speech following the Fed's move to raise interest rates.
Three lessons for advisers from the closing of the Third Avenue Focused Credit Fund.
Turmoil in financial markets may slow the U.S. economic expansion. But it probably won't kill it.
Cerulli sees ETF assets more than doubling to $6T by 2020
Third Avenue Management LLC received approval from U.S. regulators to temporarily suspend redemptions from its $788.5 million high-yield bond fund.
Fund closure could put the spotlight on fixed-income ETFs, which are vulnerable because they are more liquid than their underlying assets.