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FBR cuts ratings on Franklin Resources, Legg Mason
MUTUAL FUNDS MAY 24, 2011
FBR cuts ratings on Franklin Resources, Legg Mason

Fund firms' reliance on faltering fixed-income sector a concern, analyst says

Meredith's mark on munis? Bondholders bailing at record rate
FIXED INCOME MAY 24, 2011
Meredith's mark on munis? Bondholders bailing at record rate

Municipal bond investors are trying to unload holdings at the fastest pace in at least 14 years amid increasing mutual fund redemptions and rising U.S. Treasury rates, shortly after analyst Meredith Whitney forecast “hundreds of billions of dollars” in municipal defaults.

Incite: Has Meredith Whitney lost the muni bond plot?
FIXED INCOME MAY 24, 2011
Incite: Has Meredith Whitney lost the muni bond plot?

Meredith Whitney went out on a limb -- way out -- with a jaw-dropping prediction on '60 Minutes.'

Bill Miller: Tax plan will boost undervalued U.S. markets
EQUITIES MAY 24, 2011
Bill Miller: Tax plan will boost undervalued U.S. markets

Bill Miller, Legg Mason's highly-touted stock picker, believes that President Obama's tax cut plan will be a shot in the arm for U.S. stocks.

In bond investing, it pays to be an individualist
MUTUAL FUNDS MAY 23, 2011
In bond investing, it pays to be an individualist

With almost no place for interest rates to go but up, the distinction between individual bonds and mutual funds that invest in bonds is becoming increasingly important.

MUTUAL FUNDS MAY 23, 2011
Upbeat asset managers step up sales hiring

Mutual fund companies are beefing up their sales departments, a sure sign of optimism in an industry that was hit hard by the financial downturn

MUTUAL FUNDS MAY 23, 2011
Top 10 muni funds with non-rated bonds

MUTUAL FUNDS MAY 23, 2011
Nuveen, Prudential prep for new fund launches

Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, plans to start a fund to buy corporate debt, the firm said in a prospectus filed today with the U.S. Securities and Exchange Commission.

MUTUAL FUNDS MAY 23, 2011
Muni bond funds drop, investors bail for first time in months

Open-end U.S. municipal-bond funds dropped an average 3.7 percent in the past month as investors withdrew money for the first time in seven months.

Inflation vs. CDs: No contest
FIXED INCOME MAY 22, 2011
Inflation vs. CDs: No contest

Right now, the increase in the cost of living is far outstripping returns on certificates of deposits -- even long-term CDs.

ESG MAY 22, 2011
A portfolio that purrs

Animal lovers now have their own socially screened stock portfolio to cuddle up with — without the fear of fur balls, ticks or fleas

Morningstar hikes rating on JPMorgan's target date series
MUTUAL FUNDS MAY 22, 2011
Morningstar hikes rating on JPMorgan's target date series

Pointing to improvements in corporate culture and stewardship grades, Morningstar Inc. has raised its ratings for J.P. Morgan Asset Management's SmartRetirement target date funds.

ALTERNATIVES MAY 20, 2011
Arrow aims to jump into alternatives ETF sector

Entering mostly uncharted waters; 'not an easy place to be fishing for assets'

Traders: Gross flat-out wrong about Treasuries
FIXED INCOME MAY 20, 2011
Traders: Gross flat-out wrong about Treasuries

Pimco has dumped all its holdings in long-term U.S. debt, and bond king Bill Gross is now betting against Treasuries. But traders say the legendary fund manager couldn't be more wrong.

ETFS MAY 20, 2011
A subadviser to Grail aims to enter active-ETF market itself

In the wake of the announcement that Columbia Management Investment Advisers LLC will buy Grail Advisors LLC, one of Grail's partners is still making plans to go it alone with active ETFs

RETIREMENT PLANNING MAY 20, 2011
AllianceBernstein loses DC veteran to Russell

Davies latest in a series of of top execs who've left the financial firm since CEO change in 2008

In direct challenge to BlackRock, Vanguard set to do the continental
ETFS MAY 19, 2011
In direct challenge to BlackRock, Vanguard set to do the continental

Index specialist Vanguard has set it sights on the ETF market in Europe. BlackRock, already the king of the continent, awaits.

Bond investors on Europe, stock market woes: Yawn
FIXED INCOME MAY 18, 2011
Bond investors on Europe, stock market woes: Yawn

Debt markets not flinching, says ING's Doug Cote, a good sign stocks will bounce back; 'buy on the dips'

Does not correlate: Portfolio manager is short long-only portfolios
ALTERNATIVES MAY 18, 2011
Does not correlate: Portfolio manager is short long-only portfolios

Traditional portfolio construction using just long-only stocks and bonds is yesterday's story and no longer enough to generate real diversification and sustained performance, said Ricardo Cortez, senior portfolio management specialist at Broadmark Asset Management LLC.

RIAS MAY 18, 2011
New muni bond tool could shock clients

Few investors grasp the damage inflation can do to long-term debt. But a new online tool from BondView might help bring clients' expectations in line with reality.