Morningstar: Hennessy Funds' Brian Peery on Mid Caps
The manager of Hennessy Funds' Cornerstone Mid Cap 30 Fund describes the fund's screening process, including why he focuses on year-over-year rather than quarterly earnings.
China’s Confusing Currency Devaluation Means Get ‘Buy Lists’ Ready
The market’s big move on the China story appears to be like most big moves in summertime — exaggerated — because trading is thin, analysts say.
GMO’s Montier: Stocks Are Nowhere Near Fair Value
It would take 60 years for today’s stock market to be considered fair value assuming real interest rates remain at -2%, Montier says.
Top Portfolio Products: Franklin Templeton Introduces Flexible Global Bond Fund
The fund can invest in global debt obligations of any credit quality, maturity or duration, including derivatives.
PIMCO Is Over ‘Gross Effect’ as Break-Even Nears, Owner Says
Investors pulled $2.5 billion from Total Return in July vs. $3 billion in June, the Newport Beach, California-based firm says
Surprise! Fees Not Reason Active Investing Loses vs. Passive
Researchers from S&P Capital IQ and S&P Dow Jones Indices found some surprising data on fees, returns, bear markets and more.
Top Portfolio Products: Ivy to Launch Two Income Funds With Apollo Credit
Plus, John Hancock Retirement will offer Morningstar’s HelloWallet tool on its platform.
Top Mutual Funds in 401(k) Retirement Plans: BrightScope
Two big fund providers accounted for more than half of the funds represented.
Why Investors Should Buy, Not Sell, Commodity Funds
Despite a recent run of poor performance, broad-based commodity funds can bolster a portfolio in the long term, Direxion's head of alternatives says.
Top 10 Mutual Fund Firms Most Trusted by Advisors: Cogent
An advisor’s trust in an asset manager has the biggest impact on whether they will invest with that company, a Cogent study finds.