SteelPath Fund Advisors today launched three mutual funds that invest in master limited partnerships, the first of their kind allowing retail investors to gain access to the MLP universe.
While investors generally embrace the concept of buy-and-hold investing, they fear missing out on gains that come with other strategies.
Mutual fund company tabs former COO at Pimco as its next chief executive.
The SEC's announcement last week that it is launching an investigation of the municipal bond market is aimed at increasing transparency and weeding out conflicts of interest.
Top congressional Democrats reached an agreement to increase taxes on managers of buyout firms and other investment funds as part of a jobs bill they plan to put to a vote tomorrow in the U.S. House, lawmakers said.
The other day I said I had mapped out a trade if the market dropped to a certain level and this happened yesterday
As the market for taxable munis expands, many advisors and investors are rethinking their approach to municipal bonds.
Before things improve, Pimco's co-chief investment officer sees even ore pain in the near future for Greece
Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the trades that should be subject to disclosure, a federal regulator said Thursday.
Retail investors will no longer be able to buy mutual funds from AQR Capital Management without going through a financial adviser, starting Oct. 30.
Pacific Investment Management Co.'s Mohamed El-Erian and Loomis Sayles & Co.'s Dan Fuss said the European debt crisis may spread across the globe because of investor concern that governments have borrowed too much to revive their economies.
Greece needs to reduce the nation's debt through a restructuring and impose deep spending cuts to exit its fiscal crisis, according to Pacific Investment Management Co.'s Bill Gross.
At least three people have died in protests today, which have seen some 100,000 people take to the streets of Greece
The swift acquittal of two Bear Stearns executives in the government's criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts say.
Bridget A. Macaskill, president and COO of First Eagle Investment Management, was also named CEO.
Commission-free ETFs are good, but they may not be best.
London calling: Fund advocacy group sets up international body in the U.K.
At Goldman Sachs' annual stockholders meeting May 7, a group of nuns will raise some uncomfortable issues.
The value of Warren Buffett's options to buy Goldman Sachs Group Inc. shares dropped by $950 million after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market.
TIAA-CREF aims to add to its $2 billion holdings of farmland to help diversify its portfolio and hedge against inflation, said the pension-fund manager's director for private-equity investments in agriculture.
