Dale Harvey of Poplar Forest Partners prefers cheap and out-of-favor stocks
The SEC will not bring an enforcement action against Amaranth Advisors following a three-year investigation, according to an Aug. 19 letter to Amaranth's attorney from Philip Koski, assistant regional director in the SEC's Boston office, which was obtained by P&I Daily.
Residential real estate prices dropped in January by the most in more than a year, raising the risk that U.S. home sales will keep slowing
Eighteen of 20 major metropolitan areas saw residential property prices decline over the last year; 'builders just can't make a profit'
Purchase of ETF firm vaults Ameriprise unit into 'big player' in actively managed fund space.
As we discussed last month, futures-based ETFs may generate considerable tax-related confusion
As much of the world frantically adjusts to rising commodities prices, this might seem like a good time to jump into one of the many commodity-based exchange-traded funds introduced over the past several years
Despite billion of dollars in outflows, American Funds is the most popular fund group among independent broker-dealers, according to a survey conducted by <i>InvestmentNews</i>.
Bill Gross, manager of the world's biggest bond fund at Pacific Investment Management Co., said the larger-than-forecast gain in employment suggests the Federal Reserve's policy of quantitative easing is working.
It says a lot about 2010 that Pacific Investment Management Co. LLC ranked among the highest in sales in each of the three adviser distribution channels: wirehouses, regional and independent broker-dealers, and RIAs.
Say discount brokerage buying company on the cheap; three separate lawsuits filed
If firm doesn't find buyer, it may be forced to shut down some funds; potential purchaser said to be marquee name
The market for actively managed exchange-traded funds has been slow to take off, but the funds' assets may swell once they have a few years of performance to tout, observers said.
Grail Advisors LLC is partnering with DoubleLine Capital LP to launch an actively managed emerging-markets fixed-income ETF in what will be the first such fund of its kind to hit the market.
Six-month bill rates declined to a record low as the Treasury reduces sales of short-term securities while the Obama administration and Congress wrangle over budget cuts and raising the U.S. debt limit.
Emerging-markets central banks risk triggering a “1994-style” sell-off in global bonds as soon as next year if they are still tightening monetary policy when the Federal Reserve begins raising interest rates
Alternative version of Pimco flagship fund will forgo options, leverage; tinkering with success?
