Regulator reportedly questions whether fund company artificially boosted returns in its big fixed-income ETF by relying on lofty valuations; smaller firms could be at risk.
Less transparency for new products seems in conflict with the SEC's interest in increased disclosure of mutual fund holdings.
This edition of <i>Breakfast with Benjamin</i> covers Bill Gross getting beaten at his own game, the SEC's focus on liquid alt funds, Obama's attack on corporate inversions, and more.
The road Andrew Balls took from journalist to one of Bill Gross's new top deputies &mdash; all by the age of 40 &mdash; went through Oxford and Harvard, with a stop at Stanley Fischer. He's likely to become one of the public faces of Pacific Investment Management Co., so there are some things to know about him.
Manager of the long-short fund calls asset decline 'natural organic redemption' but others see investor focus on return.
<i>Breakfast with Benjamin:</i> Remember housing stocks? You should. Plus: How Pimco stepped in it, academics take on high-frequency trading, the bad math behind climate-change regs, and men are better retirement savers than women.
Midweek <i>Breakfast with Benjamin:</i> Yellen warned us. Plus: SEC probes Pimco ETF over asset pricing, America's 401(k)s are failing investors, and how Obama's attack on corporate inversions flunks basic math.
Vanguard has overtaken Pimco as the largest provider of taxable-bond mutual funds by assets, a title the West Coast firm has held for more than a decade. <i>(Don't miss: <a href="http://www.investmentnews.com/gallery/20140818/FREE/818009999/PH" target="_blank">5 reasons to own bonds now</a>)</i>
Major index provider armors up for adviser interest in 'ETF alchemy.'
Now executive chairman of European ETF firm, he calls the industry “rather stale”
Monday's <i>Breakfast with Benjamin</i> Distinguishing financial planner from investment adviser. Plus: Gold looks tarnished, the Russell 2000 heads into 'death cross' territory, buying stocks in a buyback cycle, bank stocks in a rising-rate market, and another tax penalty, courtesy of Obamacare
If major institutions cannot justify hedge fund investing, where should advisers turn for alternative asset exposure?
<i>Breakfast with Benjamin:</i> The Bond King levers up. Plus: There is nothing smooth about the Fed's next move, the first nail in hedge funds' coffin and more.
<i>Breakfast with Benjamin:</i> Investors are waiting for Janet Yellen and the Fed to pull the trigger on rates. Plus: Buying Alibaba via ETFs; S&P and Nasdaq stocks start to separate; hedge funds ride the wave; and annuity product sales hitting double digits.
Wary advisers are taking a closer look at F-Squared Investments, the largest manager of exchange-traded-fund portfolios, which is under investigation for misrepresenting past returns.
The industry blames transparency concerns for a lack of active ETFs, but others aren't so sure
The SEC's potential rules to increase disclosure of mutual fund holdings should be applauded.
iShares fund closures suggests ETFs have a long way to go before they achieve a place in retirement plans.
Loomis Sayles bond fund manager says the firm is “as cautious as we've ever been”
Questions abound in early stages of potential rulemaking to boost oversight.
