ICI Welcomes New SEC Rules on Funds, Asset Managers
“Any risks that may arise in asset management are best addressed by the SEC,” says ICI's Paul Schott Stevens.
With BlackRock Exit, Who Will Fill Target-Date ETF Void?
ETF expert Ron DeLegge predicts Schwab market entry; meanwhile Ron Surz enters the marketplace with a loss-avoidant product.
College Degree a Poor Investment for 25% of Grads: NY Fed
A new study by researchers at the Federal Reserve Bank of New York offers a nuanced view of the economic value of a college education.
Potential Market Crash Ahead, Axel Merk Warns
The portfolio manager argues that U.S. recovery is based on "asset price inflation," and that a Fed pullout could send everything tumbling.
Andrew Madoff, Convicted Conman’s Last Surviving Son, Dies at 48
He died Tuesday at Memorial Sloan Kettering Cancer Center in New York after battling mantle cell lymphoma, his attorney told Bloomberg.
Private Sector Growing Faster Than Before Bubble
Why is total U.S. economic growth so slow? Blame the decline in real government spending, OppenheimerFunds’ chief economist says.
PIMCO’s Gross Prefers Bonds to the Mattress, St. Louis Fed Not So Sure
Bill Gross says financial assets still beat cash, yet the St. Louis Fed finds Americans have been massively hoarding cash. Time to stuff your mattress?
S&P to 3000? Morgan Stanley Experts Make the Case
How high can the S&P 500 go? Many factors bode well for continued economic growth, equity experts argue.
Investing Like a Billionaire: Buffett and Icahn’s Energy Investments
Buffett’s energy play includes investing in spinoffs of companies he’s already backed, while for Icahn, the energy sector comprises just 19% of his equity holdings.
The Market Dependency of Private Equity Funds: Searching for Alpha for September 2014
PE funds are more market dependent than you might suspect. Here's why, and how, along with how the market indexes performed in August.