PIMCO’s El-Erian Sees Tiny Taper at Fed Meeting, Yellen as Frontrunner
Mohamed El-Erian says he expects a drop of about $10 billion to $15 billion in monthly asset purchases when the FOMC meets Tuesday and Wednesday.
New Hire Roundup: CFPB Names Antonakes Deputy Director
Justin Frys became a branch manager for Zeigler in Minnesota, and Chad Parks joined Beacon Research as sales director.
Is It Time for Financial Planners to Advise Against 401(k)s?
What's advisors' role in the hubbub over 401(k) fees and plan sponsors' fiduciary duties? Maybe if advisors start advising against 401(k)s, the investing public will get Washington to wake up.
ERISA Attorneys Rip Yale Professor’s Fiduciary Threats
Fred Reish and his team at Drinker Biddle say Yale professor Ayers’ fiduciary study has a number of “material limitations.”
What Should 401(k)s Cost? What Do They Cost?
As DOL prepares its fiduciary reproposal, a Yale professor’s letter has shifted the conversation to “Why are 401(k) plans overcharging participants?” It’s the kind of publicity politicians can’t ignore.
Yale Professor’s Fiduciary Threat Has Retirement Execs Fuming
While a Yale law school professor’s study to be released next spring is said to be flawed, it is sure to spark inquiries from Congress and clients, say Fred Reish and others.
Why Hyperactively Managed Funds Outperform
Many mutual fund managers don’t do much, but those that do generate high alpha net of fees.
5 Best Bits of Advice for College Grads: 2013
Dear graduating class of 2013: Do what you know, don’t do what you love, and stop comparing yourself to other people.
How to Invest Like Yale’s David Swensen
“Everyone wants to be like Yale,” Gemmer Asset Management’s Charles Blankley began during his session at FPA 2013 NorCal Conference in San Francisco on Tuesday.
Don’t Worry, Be Happy: Your Business Will Thank You
What Shawn Achor and other researchers have found is that happy people are more energetic, productive and healthier. BTW, we also have far greater control over our own happiness than most people think.