<i>Friday's menu:</i> Investors waking up to Putin's Russia risks. Plus: Russia's debt downgraded as Kerry issues another warning; U.S. manufacturing comes back (but housing has not); how about this call: gold to hit $5,000 an ounce; the SEC starts to dissect liquid alt funds; and how sanctions are supposed to work.
Gross' firm and Western Asset pulled as subadvisers from Mercer fund with $1.1 billion.
<i>Breakfast with Benjamin:</i> Sugar-coating data to downplay retirement-income challenges. Plus: Simplified Fed-speak, ETFs continue to threaten active management, leveraged-loan fund investors hit the bricks, and there are still undervalued stocks worth considering.
Former brokerage exec Joseph Sullivan has embarked on a radical new plan to restore faded fund firm Legg Mason to its former glory. So far, it's working.
New offering from hedge fund manager AQR seeks to exploit lag between news and market reaction
Mohamed El-Erian's departure from the world's biggest bond manager sparked media reports of tension with Bond King Bill Gross but in a new interview, the former co-CIO called Mr. Gross “a great investor.”
In one corner of the U.S. equity market, investor enthusiasm is exceeding the frenzy of the Internet bubble.
But there's plenty of resistance from plan sponsors
ETF assets have more than doubled every four years since 2000. Financial markets willing, global ETF assets could reach a best-case $3.1 trillion by yearend, up from 2013's $2.2 trillion. Those numbers have people like Deutsche Bank's Sebastian Mercado making interesting correlations.
'Plowhorse economy' ambled along despite some negative news; how much upside room is left?
Wall Street leaders including Lloyd Blankfein and James Gorman, who have courted business in Vladimir Putin's Russia, are facing a dilemma as tensions over Ukraine escalate.
Coffee is up 80% this year. Lean hogs are up 28%. Corn is up 13%. Gold is up 12%. Most of these same commodities were down last year, and any of them could fall at the drop of a hat. How can an investor take advantage of these markets...and sleep at night?
Expectations that the Federal Reserve will raise interest rates leads to biggest selloff since '10
Regulator says a decision will come in November.
ETFs that lend portfolio securities can generate additional income, but disclosure on those activities isn't forthright
