Morningstar: Evermore Global's Marcus on Opportunities in Europe
Evermore Global Advisors' David Marcus says "we're pure opportunists" who are heavily invested in Europe because "that's where the opportunities are."
Morningstar: Hennessy Funds' Brian Peery on Mid Caps
The manager of Hennessy Funds' Cornerstone Mid Cap 30 Fund describes the fund's screening process, including why he focuses on year-over-year rather than quarterly earnings.
Morningstar: Everplan's Schneiderman on a New Service for Advisors' Clients
Abby Schneiderman announces an advisor version of Everplans.com, which helps people "get together all the important information that their families need if something happens to them."
Morningstar: Matt Lynch on How Vendors Can Best Serve Advisors
Strategies and Resources' Matt Lynch worries there's "at least one too many intermediaries" in the vendor-advisor supply chain.
Buffett Worries Rate Hike Could Damage Economy; Touts Precision Purchase
Warren Buffett warns of bad timing for Fed move because Europe needs to keep rates low.
Morningstar: Vanguard's Yones on Dealing With 'Product Inundation'
Doug Yones speaks of how advisors can deal with "product inundation," how to conduct due diligence on those products, and how advisors can counteract "home market bias" to "truly diversify" client holdings internationally.
Morningstar: SSGA's Mazza on ETF Innovation
With so many available funds, is innovation in the ETF space over? Dave Mazza of State Street answers the question.
Morningstar: 361 Capital's Florence on the Role of Liquid Alts
Tom Florence discusses the risk management role of liquid alternative mutual funds in your clients' portfolios.
Gross, El-Erian Disagree on Fed Rate Hike
Bill Gross says Fed has data it needs to start raising rates in September; Mohamed El-Erian says Fed will wait for the next jobs report.
RBC Slashes Expenses on 4 Mutual Funds in Bid to Attract Advisors
Under RBC Global’s Cornerstone Investor program, funds’ expenses will be cut 39%-44%; select advisors who invest minimum of $10 million will get institutional-level services.