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.
SEC Begins Exam Sweep of Alt Mutual Funds
The SEC is scrutinizing alternative mutual funds, with an exam sweep targeting 15 to 20 fund complexes.
SEC Issues Mutual Fund Prospectus Guide, Delays Annuity Summary Plan
The SEC says mutual fund summary prospectuses should be three to four pages long and written in plain English.
Merrill: Using Clients’ Emotions to Build Better Portfolios
Merrill's Michael Liersch is using behavioral finance to zero in on clients’ unique investment personalities to reach better outcomes.
Mutual Funds ‘Vehicle of Choice’ for Alt Investments
There are more than twice as many assets in alternative-investment mutual funds as in alt ETFs, Morningstar and Barron’s found.
Hussman: Exit Stocks Now!
“The investors who successfully leave the equity market at current valuations will exit through a needle’s eye,” John Hussman says.
A Correction Is Coming ... So?
The news media's worries about bullish market highs aren't producing very good investment advice, Barry Ritholtz says.
Top Portfolio Products: Compass EMP Adds 3 ETFs
Global multi-strategy bond launches; T. Rowe closes fund to institutional investors.