Move comes a week after Market Vectors launched identical product
Our own behavioral finance expert has decided to join the crowd and offer a list of forecasts for the year ahead.
Underperformance leads large client to pull big money from firm's oldest fund.
Pimco's co-chief investment officer Mohamed El-Erian will be taking the reins of the firm's $3 billion multi-asset fund that has underperformed since its launch in 2008. That should help - the fund is based on a book he wrote.
Mutual fund giant seeing fees, assets decline but 401(k) business strong
<i>Breakfast with Benjamin:</i> Private equity giant KKR finds expanding beyond the HNW crowd is not so easy and shuts two retail-focused funds. Plus: Gold jumps on Yellen preview, fund manager changes lead to Morningstar updates, Barclays cuts 12,000 jobs, and another day, another Obamacare delay.
The fees with Blackstone Group's nontraded fund of hedge funds make 2 and 20 not so bad. Are the returns strong enough to justify the stiff cost structure?
Subpar performance prompted investors to pull money for the 18th consecutive quarter.
CEO Laurence D. Fink said BlackRock has the potential to increase its asset base by about 5% annually by developing new ETFs and expanding its reach among individual investors.
Fund comes with no sales load but 12(b)-1 fee, performance fee and expense ratio.
Contrafund manager tops S&P 500 (and his peers) over just about every time period.
Edward Jones is launching a proprietary fund. The bigger question is why?
Fees eliminated altogether for large accounts as part of a rebranding of the funds to make them more attractive to advisers.
A complete, real-time picture of a client's assets is critical for advisers to successfully retain clients, increase assets under management and attract new clients.
Today's Breakfast with Benjamin includes: Goldman's stock market call, a closer look at Fed policy, lawyers pick apart Volcker rule, retailers and cyber security, combining IRAs, and how not to ignore your client's wife.
Breakfast with (<i>InvestmentNews</i> senior columnist Jeff) Benjamin: Going back to basics with bond funds; breaking down the jobs report; Wall Street confronts a big mortgage settlement; Chinese exports falter; the polar vortex and natural gas prices; and retailers' bad holiday season.
After struggling for years in the wake of the 2008 financial crisis, Improved performance and a rising tide is helping American Funds reverse years of outflows.
