Senators Vow More Work on Housing After Voting to Wind Down Fannie, Freddie
Members of the Senate Banking Committee said they’d keep working to overhaul the housing finance system after casting a narrow vote to advance the bill.
Fairholme’s Berkowitz Hints at Mutual Fund Exit
Berkowitz is raising money for a partnership that takes minimum investments of $1 million.
Berkowitz’s Fairholme Fund Bounces Back
Good performance, bad performance—it’s all a day (year) in the life of a star money manager.
The Best of Both Worlds: Active and Passive Investing
Passive investing is predicated upon the efficient markets hypothesis that it is impossible to “beat the market” over time except by being lucky. In reality, however, there is an abundance of evidence that markets are less than perfectly efficient.
Is Delaware Funds’ Ericksen the Next ‘Star’ Manager?
The time is right for the emergence of a new star manager, and it could very well be Delaware Select Growth Fund’s manager Christopher Ericksen.
Mutual Fund Winners & Losers for 2011: Surprises From S&P, Morningstar
Take a guess on which mutual fund was the bigger winner in 2011: a pure emerging-markets fund or a fund that has purchased no new stocks in 75 years.
Outlook 2012: Key to Alternative Investing Is More Diversification
Last year's choices for top alternative investments didn't fare so well and a change to a more diversified strategy may be the way to go in 2012.
'Go Anywhere' Funds: Easy to Like, Harder to Qualify
The popularity of such funds puts an extra onus on wealth managers to thoroughly vet a strategy and properly set expectations for its role in a client’s portfolio.
Berkowitz’s Big Bets on Banks Go Bad
Two legendary fund managers who continue to bet on a U.S. recovery suffered some of the largest losses on Wall Street on Monday.
Fairholme’s Berkowitz Defends Performance, Details Decisions: Morningstar Conference
Berkowitz, suffering from laryngitis, nonetheless answered questions from Morningstar’s Don Phillips about the investments he makes, his macroeconomic viewpoint and the criticism he’s received over his fund’s poor performance during the past six months.