Thanks to attractive levels of income and distinctive market exposure, publicly traded business development companies are gaining a foothold among mainstream investors. But are they right for you and your clients?
<i>Breakfast with Benjamin</i>: The energy sector has the highest level of short interest since 2008. Plus: Apple's market value tops $700 billion and already talk turns to the $1 trillion mark, Carl Icahn says Apple is already there, and is it time to rethink filing taxes online?
The vast majority of these funds are new, and they require scrutiny in context of other assets.
Find out which separately managed accounts fared the best in the fourth quarter of 2014, across each major sector.
<i>Breakfast with Benjamin</i>: A stronger dollar and record valuations for global stocks have kicked the precious metal to the curb.
<i>Breakfast with Benjamin:</i> Real estate might not deliver as expected. Plus: This week, we'll really know how the drop in oil affected companies and consumers; in currencies, it's not all about the Swiss franc; it's budget day in Washington; and all the Super Bowl ads, in case you missed them.
Today's <i>Breakfast with Benjamin</i> includes gold hitting its highest level since September. Plus: Obama wants to tak 529 plans to fund free community college, emerging-market-debt managers emerge from the wreckage of 2014, and it's time to change some passwords.
Adviser-sold fund giant starts to see some flows after pressing view that active management, especially for retirement goals, works.
Some strategies stay aggressive right up to target date while others dial down risk; each group has its reasons
The solid relative performance of alternatives makes the case for diversification of portfolios in 2015.
Advisers will need to communicate and focus on goals to get through periods of market ups and downs
<i>Breakfast with Benjamin</i>: Pension funds never factored in that people would live as long as they're living. Plus: Fake hedge funder goes to extremes to cover his tracks, Congress to the rescue, and IRA missteps you can avoid
Ability to hold above key 2,063 level could draw in more buyers.
Are advisers misunderstanding why investors seek out sustainable investments?
Former compliance officer alleges fraud at nontraded REIT helmed by Jacob Frydman.
Hedge fund manager tops most peers in January with an 8.3% gain.
Investors continue to see domestic stocks as the best thing going: Legg Mason survey.
Shares of iPhone maker more than twice as valuable as rival Microsoft. No 2? Exxon Mobil Corp., with a market cap of $385.4 billion.
<i>Breakfast with Benjamin</i> Despite beating 94% of its peers since Bill Gross left the company, Pimco's Total Return Fund still dropped $11.6 billion in January. Plus: Crude oil drives the markets, unbelievable unemployment data, and finding some investments buried beneath the winter snow.
Matching the index last year would have involved too much risk.
