Investing

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The bullish outlook for 2016
EQUITIES DEC 23, 2015
The bullish outlook for 2016

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

Cheap oil presents new investment opportunities
EQUITIES DEC 23, 2015
Cheap oil presents new investment opportunities

MLPs move back into the spotlight for patient investors

ALTERNATIVES DEC 22, 2015
SAC's Cohen barred from managing client money until 2018, SEC says

Steven A. Cohen is poised to make a return to the hedge-fund industry by 2018 under an accord with U.S. regulators that settles allegations that the billionaire failed to supervise a convicted insider-trader at SAC Capital Advisors.

EQUITIES DEC 22, 2015
Making the case for market-timing with humility

<i>Breakfast with Benjamin</i> Morningstar's John Rekenthaler clarifies after recently referring to market-timers as &#8220;circus clowns minus the funny suits.&#8221;

The power of infrastructure investing in uncertain markets
ALTERNATIVES DEC 21, 2015
The power of infrastructure investing in uncertain markets

Good infrastructure products are unlikely to wildly outperform equities, but they're also unlikely to create serious losses

'Smart beta' tops the list of 2015 financial-term searches
ALTERNATIVES DEC 21, 2015
'Smart beta' tops the list of 2015 financial-term searches

<i>Breakfast with Benjamin</i>: Smart beta was the top financial search term on Investopedia in 2015, and for good reason.

Hedge funds post worst quarter since 2008 crisis
EQUITIES DEC 21, 2015
Hedge funds post worst quarter since 2008 crisis

Hedge-fund assets contracted by $95 billion to $2.87 trillion during third quarter amid a surge of fund closures.

BlackRock CEO Fink gives Yellen high marks
FIXED INCOME DEC 21, 2015
BlackRock CEO Fink gives Yellen high marks

BlackRock CEO Larry Fink gives Federal Reserve chairwoman Janet Yellen rave reviews for her speech following the Fed's move to raise interest rates.

Guggenheim plays the value card with new Dow dividend-focused ETF
EQUITIES DEC 21, 2015
Guggenheim plays the value card with new Dow dividend-focused ETF

Flip-flopping the weightings of the traditional Dow 30 stocks

LPL faces heavy burden in complying with state settlements over REIT sales
ALTERNATIVES DEC 20, 2015
LPL faces heavy burden in complying with state settlements over REIT sales

The firm's settlement with the states was reminiscent of how broker-dealers handled various settlements in paying clients who bought auction rate securities.

FIXED INCOME DEC 20, 2015
The danger of reaching for yield

Three lessons for advisers from the closing of the Third Avenue Focused Credit Fund.

EQUITIES DEC 19, 2015
Wall Street volatility may bend, not break, U.S. growth

Turmoil in financial markets may slow the U.S. economic expansion. But it probably won't kill it.

Rough week doesn't derail the outlook for ETFs
EQUITIES DEC 18, 2015
Rough week doesn't derail the outlook for ETFs

Cerulli sees ETF assets more than doubling to $6T by 2020

SEC allows Third Avenue to temporarily freeze redemptions
FIXED INCOME DEC 18, 2015
SEC allows Third Avenue to temporarily freeze redemptions

Third Avenue Management LLC received approval from U.S. regulators to temporarily suspend redemptions from its $788.5 million high-yield bond fund.

Third Avenue fund collapse may be 'much bigger problem' for bond ETFs
EQUITIES DEC 18, 2015
Third Avenue fund collapse may be 'much bigger problem' for bond ETFs

Fund closure could put the spotlight on fixed-income ETFs, which are vulnerable because they are more liquid than their underlying assets.

F-Squared haunts Virtus as fund distributor pays $16.5M to settle false performance claims
ETFS DEC 18, 2015
F-Squared haunts Virtus as fund distributor pays $16.5M to settle false performance claims

SEC cites lax oversight of subadviser data.

6 ways the rate hike could be bad for markets
EQUITIES DEC 17, 2015
6 ways the rate hike could be bad for markets

<i>Breakfast with Benjamin</i>: This week's rate hike could hit the markets in a half dozen, mostly bad, ways.

Third Avenue had no exit plan in place
MUTUAL FUNDS DEC 17, 2015
Third Avenue had no exit plan in place

After peaking way back in 2014 and declining ever since, the high-yield bond market finally has made national news over the past week with the very high profile blow up of the Third Avenue Focused Credit Fund.

Third Avenue fund's meltdown sheds new light on the value of prospectus reading
ALTERNATIVES DEC 17, 2015
Third Avenue fund's meltdown sheds new light on the value of prospectus reading

Some advisers swear by it, while others shun it as useless legalese.

Fed ends zero-rate era
FIXED INCOME DEC 17, 2015
Fed ends zero-rate era

The Federal Reserve raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that the pace of subsequent increases will be &#8220;gradual&#8221; and in line with previous projections.