Active U.S. Equity Funds Bled Cash in August: Morningstar
Active U.S. equity funds continued to hemorrhage assets in August while their passive counterparts persisted in performing well.
Funds Dump Gold at Fastest Pace Since May as Fed View Shifts
Money managers cut bets on bullion rally by most since May as Fed officials prepare to release policy statement on Sept. 21.
Central Bank Meetings Could Bring 'Global Repricing' This Week: Citi
Expect a bumpy ride as global markets digest news from both a U.S. Fed Reserve and Bank of Japan gathering, according to one analyst.
Raymond James’ Saut: Trump, Clinton Wretched; Markets Rosy
Jeffrey Saut, Raymond James’ chief investment strategist, says Trump “scares me to death” while Clinton “is a liar.”
Harvard Study: Political Dysfunction Threatens U.S. Economy
Once the envy of many nations, the U.S. political system has become “our greatest liability,” three Harvard business professors say in a new study.
Compliance Support for DOL Fiduciary Rule Next Big Advisor Need: Cogent
Advisor education may be important for firms as much for assuaging fears and easing confusion as for compliance, new research from Cogent says.
Americans ‘Clueless’ About Social Security Benefits: Sen. McCaskill
A GAO report commissioned by Sens. McCaskill and Collins found the SSA does not consistently provide key information during the claiming process.
Saving Trumps Spending for Majority of Millennials
A new TD Ameritrade survey shows most boomers and millennials are savers, but the two groups are saving for different reasons.
Global Investors Hike Cash Levels in September: BofA Merrill Lynch
Forty-two percent of global investors said high cash levels were a “bearish view on markets.”
ETFs: An Easier Way to Roll Into Retirement, Experts Say
Retirement fund experts said ETFs and technology are making it easier, and mostly cheaper, to invest for retirement.