Freddie Mac Sues Big Banks Over LIBOR
Government-owned Freddie Mac accuses the banks, including Bank of America, of acting collectively to hold down the U.S. dollar LIBOR.
Weighing the Risks: Junk Bond or Equity ETFs?
Is it better to get on the equity ETF train or hop into the rally in junk bond ETFs? Here's the skinny on how to build a portfolio, with tips from Schwab's Michael Iachini.
Equities Beat Commodities by Steepest Ratio in 4 Years
We’ve seen what’s happened to gold. Will other commodities follow?
Top Portfolio Products: Goldman Rolls Out Global Bond Fund
FPA introduces no-load products, as Lincoln Financial launches a Treasury-indexed VA and ING U.S. brings out a new lifetime income annuity.
Top Portfolio Products: PIMCO, Vanguard Launch More EM Bond Funds
In addition, Vanguard says it will no longer accept new fund flows into the Wellington and Intermediate-Term Tax-Exempt funds.
Morningstar’s Most-Researched Investments Offer Up Surprises
Advisors and institutional investors diverge on equities versus income, though everybody agrees on PIMCO Total Return.
Vanguard Shares Latest Fund Changes
Vanguard is tweaking the asset mix of 20 funds, including several target-date retirement funds, “to further diversify these broad, balanced portfolios” and to incorporate the new Vanguard Total International Bond Index Fund, now in registration with the SEC.
New Hire Roundup: BlackRock Names Shedlin CFO
This week in new hires, Gary Shedlin was named CFO of BlackRock, and Mary Justice was named Seattle market leader for the Private Client Reserve of U.S. Bank.
Conducting Due Diligence on Reverse Convertibles
This product can be a great income producer in these low-interest-rate times, but first take these steps.
Barclays, Morgan Stanley, Raymond James Grab Reps From Rivals
The movement involves advisors with more than $15.6 billion in client assets under management and $36 million in yearly fees & commissions.