Will offer the KKR Alternative Corporate Opportunities Fund and the KKR Alternative High Yield Fund, according to SEC filings
San Bernardino is the third municipality in California to face tough choices about how to deal with its balance sheet ... and it might not be the last
Although young people born after 1980 have encountered a rough market thus far, there are still reasons to believe they could lead the next great bull market in stocks.
Comparing expense ratios when selecting mutual funds is a good idea, but you need to know what's included in fees to make an accurate comparison.
Brand perception is keeping the fund giant from making inroads with RIAs, survey shows; 'hard to change people's thinking.'
Fund firm rolling out more products, adding more portfolio managers; desire for capital preservation fueling the boom
Clients are piling into bond funds at exactly the wrong time. If inflation kicks in, investors in longer term funds will be stuck with puny interest rates. They could sell, but likely at a big loss. No wonder some experts say it may be time to bar new investors from the funds.
State Street now the world's largest hedge fund administrator with purchase of Goldman unit
More munis go bust in Nebraska; five states acccount for the bulk of the bankruptcies
BlackRock sees market for exchange-traded bond funds topping $2T in next decade
Justin Leverenz never followed the crowd. While other students at the University of California, San Diego in the 1980s were studying Japanese, Mr. Leverenz, now portfolio manager of the $25 billion Oppenheimer Developing Markets Fund, began to learn Mandarin.
Finra arbitrator sides with claimants; more suits, cases pending
In an environment where yields are low and the stock market is lackluster, MLPs offer much desired returns and some legitimate diversification.
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said municipal bankruptcies are set to rise as there's less stigma attached after three California cities opted to seek protection just weeks apart.
Experts say keep maturities short, and go long on stocks; resolution in Europe could lead to quick uptick in rates
