3 Sentences That Explain Investing
While the market is still moving along swimmingly, here are three sentences to help ground advisors in reality.
Some Money Market Funds Have to Be Honest With You
New SEC rules create a two-tier system: institutions get to know the cold hard truth about their investments' value, but individuals are still coddled.
Top 20 Cities With Most Millionaires
Tax havens and banking and financial centers have the largest shares of wealthy residents.
SEC Warned to Halt Money Market Fund Rule Release
Financial Services Roundtable tells SEC to deal with money fund rule's "tax consequences" before moving ahead.
Top Portfolio Products: NASDAQ OMX Adds Two ETF Listings
MainStay adopts three funds from Cushing, including two focused on MLPs; more
US ‘Largest Growth Opportunity in the World’ for Schroders
Global asset manager Schroders is on a big U.S. expansion push, focusing on "core" strategies for clients.
Superior Returns and Advisory Services, ‘for Free’
Eric Nelson shows how investors can beat the performance of index funds and get the tremendous value an advisor offers essentially for free.
Waddell & Reed Fires Fund Manager, Names New President
Two high-profile departures from the firm have caught Morningstar raters' attention.
Investors Pile Into Stocks Just as Pros Say Bull Run Is Over
Individual investors are plowing money back into the U.S. stock market just as professional strategists say gains for this year are over.
Equity Fund Returns Up (Again) in Q2: Lipper
Despite strong results in overseas markets, investors continue to favor domestic funds, research finds.