Investing

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ALTERNATIVES JAN 26, 2010
Towers Watson knocks fees charged by real estate fund managers

Many real estate funds sold to institutional investors are charging too much, according to consultant Towers Watson & Co.

ALTERNATIVES JAN 26, 2010
N.J. man gets 18 years for real estate Ponzi scheme

A New Jersey man has been sentenced to 18 years in prison and ordered to pay more than $100 million in restitution for masterminding what a judge described as one of the biggest real estate frauds in state history.

MUTUAL FUNDS JAN 24, 2010
Obama aims to hike taxes on investment fund managers

President Barack Obama during his State of the Union address called for increasing taxes on investment fund managers, oil companies and those making more than $250,000 a year.

MUTUAL FUNDS JAN 24, 2010
Robeco's Pollack: It is high-quality firms' turn to lead a rally

The time is right for higher-quality companies to start leading the stock market rally, according to Steven Pollack, manager of the Robeco Boston Partners Mid Cap Value Fund (BPMIX).

ETFS JAN 24, 2010
Proposed ETF council gets mixed early reviews

Exchange-traded-fund providers said last week that they are willing to consider joining a proposed ETF trade organization, but only if it could prove its value.

EQUITIES JAN 24, 2010
Harry Rady: Short-sale targets like 'shooting fish in a barrel'

Finding stocks to sell short is like “shooting fish in a barrel,” according to Harry Rady, chief executive and portfolio manager at Rady Asset Management LLC.

MUTUAL FUNDS JAN 24, 2010
Target date troubles persist

After being battered by a rough market in 2008, target date funds continued to face the problems of attracting consistent contributions from participants, controlling the amount of pre-retirement distributions and discouraging investors from bailing out after they retire, according to a report from J.P. Morgan Asset Management.

MUTUAL FUNDS JAN 22, 2010
Funds featuring managed payouts off to rocky start

If timing is everything, the mutual fund industry couldn't have picked a worse time to launch managed- payout funds.

MUTUAL FUNDS JAN 21, 2010
Hot mutual funds were often laggards in '08: S&P

The moral of the story? Look beyond past fund performance for winners of tomorrow.

Making the case against short-term bonds
FIXED INCOME JAN 20, 2010
Making the case against short-term bonds

In November 2008, many investors believed we were on the edge of financial disaster. Panic was sweeping Wall Street and Main Street. The global economy was in disarray. Now, a little more than a year later, stock market values have rebounded sharply, frozen credit markets are now flowing more freely, and there is greater liquidity in the financial -system.

MUTUAL FUNDS JAN 20, 2010
Fidelity promotes Perold to asset management chief

Jacques Perold was named head of Fidelity Investments' $1.4 billion asset management group, which includes Pyramis Global Advisors, said Vincent Loporchio, spokesman.

ALTERNATIVES JAN 20, 2010
Commercial real estate a flop, but REITs are hot

ALTERNATIVES JAN 20, 2010
BNY Mellon buys a piece of private-equity firm Siguler Guff

BNY Mellon Asset Management acquired a 20% minority interest in Siguler Guff, a New York-based multistrategy private equity firm with roughly $8 billion in assets under management and committed capital.

MUTUAL FUNDS JAN 19, 2010
Actively managed ETFs pique interest of big fund companies

The actively managed exchange-traded-fund market is expected to explode as top mutual fund companies consider entering the business or expand their lineups.

ALTERNATIVES JAN 19, 2010
Hedge fund trade group bans media from big confab

The hedge fund industry's premier trade group, the Managed Funds Association, has decided to ban the media from its upcoming annual conference in Key Biscayne, Fla.

ETFS JAN 18, 2010
Proposed ETF council gets mixed early reviews

Exchange-traded-fund providers said today they are willing to consider joining a proposed ETF trade organization, but only if it could prove its value.

MUTUAL FUNDS JAN 18, 2010
Exchange-traded commodities funds have a future, says exec

Exchange-traded commodities funds will evolve and prosper, despite having drawn the attention of regulators concerned that they may have helped fuel a run-up in oil and natural-gas prices, according to a panelist at the <i>InvestmentNews</i> ETF Insights virtual conference last week.

LIFE INSURANCE AND ANNUITIES JAN 18, 2010
Swiss Re bond lets investors bet on pandemics

Swiss Reinsurance Co. Ltd. last week introduced a $75 million catastrophe bond that covers extreme mortality risks.

FIXED INCOME JAN 17, 2010
Bond ladders in a rising rate environment: Too hot to handle?

Legendary investor Benjamin Graham wrote in <i>The Intelligent Investor</i> that the proportion of an investor's portfolio held in bonds should never be less than 25% or more than 75%.

MUTUAL FUNDS JAN 15, 2010
T. Rowe Price tops target-date performance in Russell analysis

T. Rowe Price's target-date fund family was the best performing in 2009, followed closely by funds from John Hancock, according to Russell Investments research.