Van Eck Associates Corp. is moving ahead with an exchange-traded fund focused on Puerto Rico and other U.S. territories, the first of its kind, even amid the biggest losses for the island's securities since at least 1999.
Investors pumped $8.9 billion into money-market mutual funds on Thursday, the first day of deposits in more than two weeks, as an agreement by lawmakers in Washington averted a government default.
This year's big stock market gains are forcing advisers to think about how to help their clients contend with a potentially stiff capital gains tax bite from mutual fund distributions.
Obamacare may be off the debt ceiling agenda but for investors, there is an exchange-traded fund that holds all the businesses likely benefit. It's had a good run so is there still upside potential?
Will focus on liquid alternatives education as money manager launches new fixed income fund.
Today's Breakfast with Benjamin: The regulator tells the mutual fund industry to stop promising safety and protection. Plus, the QE government bonanza, JPMorgan's Twitter beatdown, SAC Capital trial could go inside the hedge fund.
Firms developing series of multistrategy, multimanager offerings under new venture.
Says change for consistency, not effort to distance company from Armstrong.
Plus: Deutsche Bank's new China ETF hottest launch since 2007
SAC Capital Advisors plans to shut down its London office as the $14 billion hedge-fund firm founded by Steven A. Cohen scales back in the face of insider-trading allegations by U.S. prosecutors
New fund would allow investors to get more exposure to some of the smaller, potentially higher-growth areas of the market
Plus: Bitcoin is back with a vengeance, what's up with consumer discretionary stocks, how about BP and Tesla's surprising earnings miss. From <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Plus: Goldman shows its softer side to recruit the Millennial market
Since Sept. 1, investors have pumped about $47 billion into ETFs, with nearly $7 billion going into them on Oct. 17, the day Congress avoided a default. The last four months have marked the most volatile period on record for flows. What's next?
kasina released its annual ranking of fund providers that it says offer the most engaging and substantive web experience for advisers.
Focus on companies that have paid divvies for at least 25-straight years.
