Fairholme boss surprised by flap over his activism at property company; 'will think long and hard about doing it again'
Rather than get stuck with paltry returns on money-market funds, some investors are putting their cash to better use: they're shifting into 15-year mortgages, saving big bucks in the process.
Volatility comes with the territory, says fund manager; sees Korea, Russia as good values right now`
During his years as an investment manager at such big firms as Smith Barney Inc. and Lehman Brothers Holdings Inc., Bruce Berkowitz learned firsthand the dangers of going along with the crowd. “You would have an investment meeting with 12 to 20 people around the table, and an idea would be discussed, and everyone would feel the need to add their input,” he said.
Utah plans to sell $635M in general-obligation bonds; 'demand for high-quality paper'
U.S. equity research and related services from JPMorgan Chase & Co. was voted the most valuable to asset managers surveyed by Greenwich Associates.
Wall Street is cranking out zero coupon-bonds as fast as they can create them. And why not? Thirty-year strips returned 9.5% in the first quarter.
Yuan-denominated instruments seen as much better bet than G-3 investments; 'limited supplies' add to luster
SEC chairman Mary Schapiro told House lawmakers that the agency's system for leasing space had “significant flaws,” and that the federal General Services Administration will likely take over that role
<a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&djoPage=summary&issuedate=20100423&sid=BD0426&djoProjId=10994&djoRecordId=290006>QA3 Financial Corp.</a>, an independent broker-dealer that was a leading seller of high-risk private placements over the last decade, in a recent lawsuit said its insurance carrier was pushing it into bankruptcy by failing to back up its coverage.
Few people would expect the newspaper industry to yield successful stock picks, but fund manager James B. Miles sniffed out a strong value find when he added Valassis Communications Inc. to his portfolio
Once-highflying 130/30 strategies might be down, but they aren't out, money managers contend.
Fidelity Investments is marrying the concepts of target date portfolios and municipal-bond investing
Mutual fund managers are buying telecommunications stocks, many of them for the first time in years, as the sector emerges as a bright spot in an otherwise lackluster market
There were 316,812 buy trades placed in the retail-municipal-bond market last month, according to data from BondDesk Trading LLC
Possible deal between states and cigarette makers will stabilize debt offerings securitized by smokes; 'a little more predictability'
BondWorks already in beta with 20K customers; new wealth management platform three years in the making
