RCAP's Crowdfunding Site: A Smart Move?
RCS Capital (RCAP) introduced a platform in September called We Are Crowdfunding that lets accredited investors and others buy public and private offerings online by pooling their resources.
Hussman: U.S. Now a ‘Ponzi Economy’
Portfolio manager John Hussman warns the U.S. has become a "Ponzi economy," buckling at its productive core even while maintaining a deceptive appearance of prosperity.
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."
Philippines: Hot Market, Growing Economy
Port bottleneck threatens growth while planned mineral export ban drives prices higher.
Calpers’ Hedge Fund Exit Stemmed From Challenge to Expand Assets
Pension plan's decision to divest $4 billion from hedge funds came after officials concluded the program couldn’t be expanded enough to justify the costs.
Top Portfolio Products: SPDR Adds Risk-Focused ETF
Invesco launches laddered corporate bond product, as Schwab rolls out a real estate fund.
9 Reasons Why Economy Stinks, According to Alan Greenspan
The former Fed chief sees a bunch of reasons why the economy won't kick into high gear, and none of them has a simple fix.
Fixed Income Outruns Equities in August ETF Flows
Fixed income ETFs’ asset flows boomed over the last month as did emerging markets and the U.S. consumer discretionary sector, according to SSgA.
New Hire Roundup: Senate Confirms Social Security Advisory Board Members
Meanwhile, Mike DiCenso joined Mesirow Financial as managing director and head of national sales in its investment strategies division.
RCAP’s Crowdfunding Site: A Smart Move?
Chairman Nicholas Schorsch says the crowdfunding site should bring RCS Capital advisors more business. Industry experts like Mark Elzweig are optimistic.