Move comes on heels of record withdrawals from Pimco Total Return after Gross exit
Head of the agency's Division of Investment Management will leave before the end of the month
Pattern of investors moving out of stocks could be set for balance of the year and into 2015.
<i>Breakfast with Benjamin</i>: The bitter economic costs of cheap oil, plus notes on taking advantage of the rising dollar, avoiding bond funds like the plague, and running toward market volatility.
Recent global economic and political turmoil leads to doubt about forecasts from Federal Reserve officials &mdash; and most Wall Street economists &mdash; that the Fed will begin to lift its benchmark interest rates in mid-2015.
Interest in socially responsible investing (SRI) is increasing rapidly. From 2003 to 2012, SRI assets in the U.S. grew 54% to reach $3.31 trillion,1 according to the Forum for Sustainable and Responsible Investment (US SIF Foundation). This represents roughly 10% of assets under professional investment management in the U.S. as tracked by Thomson Reuters Nelson.
Some investment pros see buying opportunity in closed-end funds as trading volatility increases
Track the performance of the best and worst target-date funds through the third quarter, and see <a href="http://www.investmentnews.com/article/20141026/REG/310269997/conservative-target-date-funds-weathered-the-third-quarter-market-rout" target="_blank">which funds best weathered the market's volatility.</a>
Morningstar researcher suggests 30% allocation to annuities - and more equities.
Custodian considering jumping on bandwagon popular with RIAs as other platforms grow big.
Five years after the last bout of mutual fund merger mania, the lesson remains: Grow, and then grow some more.
ALTS will track an index maintained by Morningstar that includes allocations to seven different alternative investment strategies
Rulings on transparency, structure of active funds could expand market.
Deal adds $1.5 billion in AUM to N.Y. Life, including $950 million in multi-strategy exchange-traded fund.
Value in managed volatility comes from potentially getting equity-like exposure with similar returns, lower volatility and better downside performance
Wading into a crowded ETF market, J.P. Morgan is set to launch 'strategic beta' fund on Tuesday. <i>Don't miss: <a href="http://www.investmentnews.com/article/20131023/BLOG03/131029954" target="_blank">How smart beta ETFs turned closet indexing into a winner</a> and <a href="http://www.investmentnews.com/article/20130821/BLOG15/130829982" target="_blank">Smart beta is silly talk</a></i>.
Indexing pioneer attracted more money from investors in the first 10 months of 2014 than it has in any full calendar year in its 39-year history, drawing some funds from Pimco outflows after Bill Gross' departure.
