PIMCO’s ‘New Normal’ Is Ending, PIMCO Says
The era of sluggish growth PIMCO christened the “new normal” is receding, according to one of the firm’s deputy CIOs.
Investors Still Favor Equity, Taxable Bond Funds: Lipper
Positive Q1 returns seem to be overshadowing recent volatility, at least for now, says Tom Roseen of Lipper.
ETFs for Warren Buffett’s Hot List
The Oracle of Omaha’s latest shareholder letter outlines which ETFs he might put into a portfolio.
Fed Governor Stein Resigns to Return to Teaching at Harvard
Jeremy Stein is a known as a thought leader on the linkage between monetary policy and financial stability.
Hedge Investment Exposure With Currency
ETPs have democratized an ever-evolving range of exposures and strategies. This is especially true of foreign investments.
SEC, FINRA Enforcement: 3 Busted in Fake Movie Scam
Former Merrill broker gets 10 years for Ponzi scheme; RBS settles mortgage-backed securities suit for $275 million.
BlackRock Launches Mutual Funds for Pre-Retirees
A new way for advisors and their older clients to calculate how much annual income they will need in retirement and whether they're on track.
Top Portfolio Products: iShares Introduces Currency-Hedged ETFs
WisdomTree launches floating-rate Treasury ETF, while Direxion rolls out an MLP high-income product.
Muni Bonds Attract Investors in Rising Rate Environment
Muni bonds could outperform as Treasury yields rise, Standish Mellon Asset Management says.
20 Best & Worst Fund Families of 2013
The top performer saw $75 billion pour in last year, while the weakest performer had more than $30 billion in outflows.