After the Federal Reserve's economic stimulus helped gold jump 70%, the commodity dropped below $1,200 an ounce to a five-month low after the Fed said it would trim its monthly bond purchasing.
If you bought a U.S. equity fund this year, there's about a 98% chance you invested in a fund managed by Vanguard. Jason Kephart has the story.
Breakfast (with Benjamin) is served: Dividend ETFs losing luster as rates rise; Bernanke's last stand; nontransparent active ETFs; Obamacare's drag on health care; useless jobless claims data; and global New Year's traditions.
A trio of big name stock pickers are planning to close the door to new investors in another sign that there is a shortage of deals to be found in equities. That's good news, at least for some.
OppenheimerFunds' municipal bond funds have been rocked by big bets on Puerto Rican debt, stirring up memories of its Core Bond Fund's disastrous 2008. Jason Kephart has the story.
Mutual fund giant Fidelity Investments is getting aggressive in the low-cost battle over target date funds.
Over the past few weeks, Fidelity Investments has made strategic fee cuts and launched new products to ensure that its products are the cheapest in two categories in which the Vanguard Group Inc. has been eating their lunch for a decade.
The action in exchange-traded funds investing in India started heating up the day after Labor Day. Since then, the funds have had a 28% run that erased most of the losses they'd suffered this year, while the broader emerging markets are up 10%. ETF investors who want to amp up their exposure to India have options ranging from a broad basket of mostly large-cap stocks to a far-riskier bet focusing on small-caps.
Though not cost-free, products find favor and a key place in client portfolios.
The fact is, mutual funds come and go. And they come and go often, which is a reality that financial advisers should not only be aware of, but should be watching for lest their clients are left holding the bag of heavy tax and transaction consequences.
A close look at famous defunct ETFs and the lessons to be learned from their demise.
Seek redefinition of 'retail,' exclusion of tax-exempt funds.
For investors worried about rising interest rates, the new vehicles could be useful.
Former SEC head says,“There is no investment product that is risk-free,” even after the financial meltdown
In a bad omen for the mutual fund industry, the shift toward fee-based compensation is expected to accelerate over the next two years, a new report finds. Who's pushing the trend?
Mutual fund giant Fidelity Investments is set to launch a series of exchange-traded funds, the firm's first in 10 years. Is it too little, too late? Advisers say no, but they're not overly excited, either.
Today's Breakfast with Benjamin includes: Facing the reality of capital gains, Hilton IPO sheds light on hotel stocks, hedge funds go long-only, and the Brits outshop Americans.
Thanks to the stock market rally, among other things, the $287 billion Vanguard Total Stock Market Index Fund has surpassed the $247 billion Bill Gross' Pimco Total Return Fund as the largest mutual fund. At least for now.
Vanguard to pay short-term capital gains on money market funds
