Market performance boosts AUM as asset flows mostly negative.
<i>Breakfast with Benjamin:</i> ICI resists 'Too Big to Fail' label for fund firms plus Crimea chooses Mother Russia and what that means for the markets. And guess what, the Fed is out of ammo, Pimco spins the Mohamed El-Erian departure while Mr. El-Erian opens a Twitter account.
Most are international focused in automatic response to money flows.
Investors who beat a path out of global equity markets earlier this year are stampeding back in.
February net flows still negative, fall far shy of broader fixed-income recovery
Investors are returning to the U.S stock market after the worst selloff in seven months, adding almost 52 times more money to exchange-traded funds that own equities than bonds.
A UBS unit is facing a legal fight over the sale of Puerto Rico closed-end-bond funds after their values slumped. Bruce Kelly has the story.
Gauging investor interest in exchange-traded funds in much the same way as Twitter or Facebook tracks online friends.
Fidelity Investments said an undisclosed number of brokerage clients were affected Monday.
Firm hopes the move allows it to compete with Wall Street brokerages.
Bill Gross's Pacific Investment Management Co. was the only provider among the top 10 U.S. mutual-fund families to suffer net withdrawals last month, according to a report from Morningstar Inc.
The world's largest bond manager hired Harley Bassman, who was a managing director at Credit Suisse Group AG's securities arm, as an executive vice president and money manager.
$115B in flows nearly double previous high; active takes in just $38B
Advisers should continue to monitor the situation at Pimco closely, explore other options for assets that are housed at the company and keep an open mind.
Employers are turning to a new kind of adviser to help their employees save for retirement, a new survey shows.
Rules in favor of Fidelity employees who say they were fired for reporting fraud.
Lack of time to learn the complexities leads to lack of confidence.
Pacific Investment Management Co., the world's biggest bond manager, plans to start 19 actively managed exchange-traded funds as co-founder Bill Gross further diversifies the firm following Chief Executive Officer Mohamed El-Erian's resignation last week.
Don't be surprised if the stock market corrects by as much as 10% this year, but "the bull market we're in now will be the best in our lifetime,” according to Schwab's Liz Ann Sonders. What can you do to keep your clients in equities?
Breakfast with Benjamin: JPMorgan's Madoff missteps, Prudential's bullishness, ETF inflows' lessons, gold bugs' squashed state and Kraft's Velveeta shortage warning. Plus: pot stocks vs. prison stocks.
