Energy: Powerful Production
On August 5, Southwest Gas Corp reported second quarter earnings of $0.21 per share vs. $0.22 per share last year. Excluding COLI, earnings were $0.16 per share versus $0.18 per share.
The Perils of the Indexing Crowd
New risks emerge as investors pile into a strategy.
Bill Gross Jumps From PIMCO to Janus Capital
"Bond King" leaves firm he founded to manage new unconstrained bond fund at Janus; PIMCO taps Daniel Ivascyn as group CIO.
PIMCO’s Bond ETF Woes Widespread in Industry: Morningstar Expert
Morningstar’s Michael Herbst says other fund families in the fixed-income space are also likely to have same pricing problems as PIMCO’s.
Morningstar Launches Smart Beta Ratings System
At its ETF Conference, Morningstar introduces a smart beta—or "strategic beta" in Morningstar parlance—exchange-traded product classification system.
Are Risk Parity Funds Back on Track?
Allocations based on risk can help boost portfolio diversification, one expert shares.
JPMorgan’s Kelly: U.S. Economic Recovery ‘Like an Irish Summer’
Recovery has been “damp and disappointing,” David Kelly says, but decline in unemployment is encouraging. If only the housing market would recover…
Gene Fama: When’s the Right Time for Active Investing? Never
The Nobel laureate remains a true believer in efficient markets and passive investing and blasts behavioral economists who "dredge for anomalies."
PIMCO’s ‘Secret’: Its Managers, Including Bill Gross, Still Trade Daily
PIMCO’s Jerome Schneider told Morningstar ETF conference attendees that the bond giant's portfolio managers, even CIO Gross, still spend much of their time trading.
Schwab Adds 65 ETFs to Fee-Free Platform
Investors can now trade more than 180 ETFs online through Schwab with no charge.