Investing

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Greeks vote 'no' and everybody loses
RIAS JUL 03, 2015
Greeks vote 'no' and everybody loses

<i>Breakfast with Benjamin</i>: Greek voters opt for a collision course with the European Union over austerity. Go figure.

We're grexhausted … leave the euro already
EMERGING MARKETS JUL 03, 2015
We're grexhausted … leave the euro already

Greece isn't another Lehman Brothers. I am not worried about contagion as with subprime mortgages in 2007. I don't fear counterparty risk as with AIG.

Classic car prices have surged but investing in them is another story
ALTERNATIVES JUL 02, 2015
Classic car prices have surged but investing in them is another story

Author of report on classic cars as alternative investment calls sector 'exceptionally' complex.

How to explain alternatives' place in portfolios to your clients
ALTERNATIVES JUL 02, 2015
How to explain alternatives' place in portfolios to your clients

By viewing alternatives through the lens of the three primary colors, they can be demystified

Bill Gross adds voice to chorus warning of liquidity crunch for fund investors
EQUITIES JUL 02, 2015
Bill Gross adds voice to chorus warning of liquidity crunch for fund investors

Bond manager says most investors have yet to be tested with a long-term downtrend and that's when liquidity will be an issue.

Where's the ETF that tracks pot stocks?
EQUITIES JUL 02, 2015
Where's the ETF that tracks pot stocks?

The national cannabis market is forecast to reach $10.8 billion in sales by 2019 and while there are exchange-traded funds for rare earth metals and for stocks headquartered in Nashville, there are no ETFs that track pot stocks.

Morningstar unveils active vs. passive performance comparison tool
MUTUAL FUNDS JUL 02, 2015
Morningstar unveils active vs. passive performance comparison tool

At its annual conference, Morningstar rolls out the Active/Passive Barometer, a tool that compares the performance of actively managed mutual funds net of fees to comparable passive products.

Navigating illiquidity in municipal bonds
FIXED INCOME JUL 01, 2015
Navigating illiquidity in municipal bonds

Understanding the impact of the supply-demand behavior is much more critical than ever.

Yields skyrocket! Really?
FIXED INCOME JUL 01, 2015
Yields skyrocket! Really?

Everyone is talking about the rise in interest rates and suggesting that it is something to be worried about. But think again.

Bond math is about to inflict some real pain on fixed-income investors
PRACTICE MANAGEMENT JUL 01, 2015
Bond math is about to inflict some real pain on fixed-income investors

<i>Breakfast with Benjamin</i>: Fixed-income investors are starting to feel the painful realities of bond math.

Market reaction to Greece doesn't signal end of bull market
EQUITIES JUL 01, 2015
Market reaction to Greece doesn't signal end of bull market

Expect more volatility, but country isn't big enough to have lasting impact on eurozone

El-Erian sees 85% chance of Greek exit, putting him at high end of Wall Street expectations
EMERGING MARKETS JUL 01, 2015
El-Erian sees 85% chance of Greek exit, putting him at high end of Wall Street expectations

Investors grow nervous ahead of July 5 snap-referendum on European aid plan.

Pimco executives say they've adapted to life after Bill Gross
FIXED INCOME JUL 01, 2015
Pimco executives say they've adapted to life after Bill Gross

Douglas Hodge and Daniel Ivascyn highlight Pimco's new areas of focus while speaking at the Morningstar Investment Conference.

PRACTICE MANAGEMENT JUN 30, 2015
Top bond manager overseeing billions at J.P. Morgan takes leave

Douglas S. Swanson will step aside, starting Oct. 1.

Liquidity, liquidity, liquidity are the three most important words for bonds
FIXED INCOME JUN 30, 2015
Liquidity, liquidity, liquidity are the three most important words for bonds

Anxiety over a lack of liquidity is skewing fixed-income markets in new and surprising ways.

EQUITIES JUN 29, 2015
Stock buybacks come under fire from politicians

<i>Breakfast with Benjamin</i> There's a rising backlash for record-level stock-buyback programs, as Sen. Elizabeth Warren issues charges of 'stock manipulation.'

EQUITIES JUN 29, 2015
Crazy as it might sound, the new all-in bet is going long on Greek stocks

<i>Breakfast with Benjamin</i>: If you've got a really strong stomach, the time looks ripe to buy the fear and jump into Greek equities.

Greek capital controls send ripples across global financial markets
EQUITIES JUN 29, 2015
Greek capital controls send ripples across global financial markets

<i>Breakfast with Benjamin</i>: Greece locks down its banks in a desperate attempt to prevent a public panic.

What lies ahead for the market in the second half of the year
EQUITIES JUN 29, 2015
What lies ahead for the market in the second half of the year

Six investment experts discuss where the markets could be headed for the rest of 2015

Pimco's Income Fund becomes the firm's new star
EQUITIES JUN 29, 2015
Pimco's Income Fund becomes the firm's new star

<i>Breakfast with Benjamin</i>: Pimco's Income Fund (PIMIX) is shining bright under Dan Ivascyn, raising the question: Bill Gross who?