Some people are suggesting that municipalities consider bankruptcy as a strategy in fixing financial problems rather than a last resort, but the long term damage to cities walking away from their debt could be serious.
While any fund dubbed “absolute return” is automatically setting the bar way too high, the Causeway Global Absolute Return Fund deserves some credit for making every effort to remove market beta, which theoretically would leave investors with alpha, or absolute returns.
Fund firm plans to offer 17 active exchange-traded funds; weighed down by sagging interest in mutual funds
Dube failed to provide commission with documents on eight separate occasions, regulator claims; administrative hearing pending
Co-managers of ultra-concentrated fund put entire net worth on the line
But list from Commission does not show which companies actually took action; fuel to the fire?
TCW has doubled his mutual fund assets from 2009, when Jeffrey Gundlach's departure led to a number of client defections
Angry that ex-employer is trumpeting Lipper award for fund he used to run
Governors say central bank could cut money-fund firms off at the source; 'capital drain'
SEC chairman stands her ground in testimony before Congress; industry dubs reform 'deadly medicine'
'We are waiting direction from the chair,' says deputy director of Investment Management Division
Scottrade, Russell out of the pool; FocusShares failed to gain investors' focus
Want to get in on the ground floor of space? Consider Planetary Resources, a hot startup which aims to excavate minerals from asteroids. Don't laugh -- the company's current list of backers is mighty impressive.
Nimbler exchange-traded fund outperforming flagship mutual fund by yards; 'difficult to beat the market when you are the market'
Knight Capital Group Inc. opened its books to potential buyers, including private-equity firms and at least one securities-industry rival, as it seeks an investment or takeover to survive after a $440 million trading loss.
