The banking analyst's 2010 prediction that there would be '50 to 100' defaults among state and local governments failed to pan out.
Growth managers did the worst, while value managers managed a better showing.
Growth managers fared the worst, with only 13% beating benchmark for October.
Experts say rally of the last three days propelled by buyback of ETFs and stocks.
Firm will repay $447,000 to clients it overcharged for more than seven years.
$4.7 billion funneled into US-listed funds in October was light compared to $23 billion or more during each of three previous months.
Demand for ESG or impact-investing climbs more than $3 trillion to hit almost $12 trillion.
The broker-dealer lost 56 brokers and advisers in the third quarter, and not all of them low-producers the firm wants to shed.
Resonant Capital Advisors, Madison Investment Advisors cite business risks as one of the reasons for the separation.
Proposal would bar leveraged products from describing themselves as exchange-traded funds
As interest rates head higher, pushing bond prices down, advisers seek safety in individual bonds.
Funds that track areas like small-cap stocks and semiconductor manufacturers are seeing inflows.
Panelists at the InvestmentNews Women Adviser Summit discuss the opportunity of engaging clients and prospects on environmental, social and governance issues.
Debt payments could weigh increasingly on company profits, as well as the payouts they make to shareholders.
Market's moves seem to be ignoring the healthy economy and good earnings.
Flows into two big exchange-traded funds tracking the S&P 500 were the highest in over a month.
Company plans to bypass record keepers and ask plan sponsors directly if they will offer its managed accounts to retirement plan participants.
While some investors react with alarm to market decline, others see it as an opportunity to buy low
Stocks are ignoring corporate earnings reports to focus on macro worries about rising rates and trade tensions.
It's possible to invest directly in the individuals and communities that make creative enterprises possible.
