Asset Managers Bleed $50B as Active-Investing Crisis Deepens
Alliance, Franklin and Waddell had biggest quarterly redemptions; investor shift from active to passive funds accelerating.
Top 10 Pensions Funds for Private Equity Returns
Private equity outpaces all asset classes in long-term returns on investments, according to the American Investment Council.
How an Expected Rise in Inflation Could Impact Markets
If oil stays at $50 per barrel for the next three months, Loomis Sayles’ Maura Murphy expects to add 1% to inflation.
Active vs. Passive? No Longer an Either/Or Choice for Advisors
The lines are blurring as actively managed mutual funds own ETFs to provide investment exposure while also controlling costs.
GMO’s Grantham: ‘Presidential Cycle’ for Investors Is Over
The GMO strategist says that thanks to the Federal Reserve no more big third-year market gains are possible.
SEC Imposes ‘Sweeping’ Liquidity Rules for Mutual Funds, ETFs
In mid-October, the SEC adopted rules for mutual funds and ETFs to allow observers to “better monitor liquidity risks” in those investing vehicles.
Why Corporate America’s Debt Is a Major Risk
Société Générale says U.S. companies are “massively overspending” to finance buybacks, whose impact on stock prices is limited.
Vanguard Sees Flood of Advisor Assets, Now at $1.3 Trillion
Money from brokers and independent advisors now account for about one-third of Vanguard’s total assets and about 50% of this year’s inflows.
El-Erian Holds 30% in Cash as Central Banks Distort Markets
The former co-CEO of Pimco sees "enormous risk" in financial markets due to distortions caused by central bank policies.
L Bonds: The High-Yield Alternative Asset You Probably Never Heard Of
GWG Holdings’ L bonds are yielding 5.5%-8.5% for maturities from two to five years, but the bonds are unrated and illiquid.