Gross Owns Majority of Janus Bond Fund He Runs
Bill Gross and his family own 51.2% of the Janus Global Unconstrained Bond Fund after acquiring shares through brokerage accounts at Morgan Stanley and Schwab.
S&P to Pay $1.5 Billion Fine to US, States Over Mortgage Bond Ratings
S&P will pay more than a year’s profit to settle suits that it inflated ratings on subprime-mortgage bonds.
Interest Rates Are Advisors’ Biggest Concern: Fidelity Poll
Advisors are balancing an expected rise in interest rates with generating steady income for clients in the current low-rate environment, a Fidelity poll found.
Fed to Stay ‘Patient’on Rates; Stocks Move Down
The Fed boosted its assessment of the economy and labor market, even as it expects inflation to decline further.
Gundlach Enlists Mother Goose to Explain Market
Bond manager Jeffrey Gundlach warns the Wall Street consensus that U.S. interest rates cannot go lower is as "provably wrong" this year as last.
5 Fixed Annuity Questions You Need to Stop Asking
Stop asking these questions and you're already halfway to becoming an annuity expert.
Faber’s No-Fee ETF — and Why Asset Allocation Doesn’t Matter
Concluding that low cost trumps portfolio optimization, investment quant Meb Faber provides an ETF to meet that need.
Bill Gross Put $700 Million Into Janus Unconstrained Fund
Bill Gross is “proud to eat his own cooking,” Janus CEO Dick Weil said during the firm's earnings call.
ECB's Draghi Commits to Trillion-Euro QE Plan to Fight Deflation
“This is a very important first step and a necessary step,” Morgan Stanley CEO James Gorman said.
Best Fund Managers of 2014: Morningstar
Morningstar has named the winners of its Fund Manager of the Year awards in five categories.