John Bogle should spend more time focusing on financial-services reform and less time pointing the finger at mutual fund managers if he wants to address rising fund costs, says Neil Hennessy, president and chief executive of Hennessy Advisors Inc.
Strong global economic growth "is usually a good recipe for riskier assets."
In an effort to guard against the rising threat of inflation, several target date fund providers have added alternative asset classes to their portfolios.
Loomis Sayles & Co. has launched a multisector bond fund aimed at advisers who want a way to protect their clients against inflation, deflation and stagflation.
In February, S&P Equity Analyst Scott Kessler raised his fundamental outlook on the internet software & services industry to positive from neutral, reflecting what he views as a stabilized global economy that would contribute to more overall advertising spending, an increasing percentage of related budgets being committed to the Internet (versus so-called traditional media), and pricing for associated online offerings that is showing signs of improvement
A prohibition on market orders for exchange-traded funds would help prevent another “flash crash,” ETF providers told attendees at an industry gathering in New York this morning.
The SPDR Barclays Capital International Corporate Bond ETF Ticker:(IBND) began trading on the New York Stock Exchange Arca today.
The Securities and Exchange Commission is examining the burgeoning business of financial advisers' selling model portfolios of exchange-traded funds.
Chairman of Hodges Capital Management contends that change in fund's category cost firm $83 million in outflows
AllianceBernstein Holding LP, Franklin Resources Inc. and Waddell & Reed Financial Inc. are the three publicly traded mutual fund companies with the most at stake pending the SEC's 12(b)-1 reform.
Bill marks first attempt to update law since 1986; would likely lead to fewer amended returns
Chalk up another hard-earned lesson from the financial crisis: Investors in limited partnerships, the structure of choice for most alternative investments, discovered that giving up liquidity in exchange for higher returns wasn't such a good idea after all.
SunTrust Banks says it's reached a deal with Federated Investors for a partial sale of its RidgeWorth Investments subsidiary.
The securities industry hopes that the Supreme Court will reverse a lower-court decision that it fears could put all mutual fund companies and financial advisers who sell their funds at a greater risk of being targets of class actions, observers say.
