Finance star calls active management "zero-sum game".
JOBS Act allows it, but firms are leery of intrusive regulation; plus, most don't need to market.
With a gain of more than 28% from the start of the year, small-caps have outperformed large-caps by 8 percentage points.
Muni bond funds rocked by big bets on Puerto Rican debt, stirring up memories of 2008.
Bruce Kelly sheds light on the sleight of hand that investment banks and wirehouses play when charging fees to the very rich for investment advice.
Stock prices surged the most since January as signs emerged that lawmakers were inching toward a deal to increase the debt ceiling and avert a default. But it could all turn on a dime.
Brokerage unit accused of loading clients up with municipal bond debt.
S&P 500 Index reaches highest level since September.
Pimco's bond guru cuts duration in Total Return Fund to 4.42 years.
The popularity of bank loan mutual funds is raising eyebrows as fears climb that advisers could be caught off guard if sentiment for the loans turns around and outflows lead to weak performance.
Non-alt offering hedges exposure to stock portfolio using futures contracts
The world's biggest investors are finding U.S. government bonds becoming safer, not more risky, as the deadline to avoid the first American default approaches.
Analyst Meredith Whitney is sounding yet another alarm about tax-exempt bonds (see above). Jeff Benjamin offers details.
SEC member Daniel Gallagher raised hackles last week by warning about a possible muni bond 'Armageddon.' He's not backing down.
No panic as many see last-minute deal getting done.
The combination of a weak outlook for bonds and research that investors close to retirement are OK with more risk leads Fidelity to tilt its target date funds more toward stocks.
