Guggenheim, the SEC and Milken's Shadow
Did the former junk-bond king act as an investment advisor? Regulators seem to have spent two years investigating just that.
Greenspan: Be Afraid, Bond Bubble Is Bubbling
Former Fed Chairman Alan Greenspan says there is an “extraordinarily unstable position” in the price-to-earnings ratio.
Hedge Funds Flat in July
Gains by CTAs were balanced by losses in China and energy.
Top Portfolio Products: Franklin Templeton Introduces Flexible Global Bond Fund
The fund can invest in global debt obligations of any credit quality, maturity or duration, including derivatives.
Morningstar: Vanguard's Yones on Dealing With 'Product Inundation'
Doug Yones speaks of how advisors can deal with "product inundation," how to conduct due diligence on those products, and how advisors can counteract "home market bias" to "truly diversify" client holdings internationally.
Morningstar: SSGA's Mazza on ETF Innovation
With so many available funds, is innovation in the ETF space over? Dave Mazza of State Street answers the question.
Dwyer to Move to AR Global in Apollo-RCAP Deal
The former LPL executive will continue to lead the wholesale distribution unit that RCAP sold to Apollo.
Gross, El-Erian Disagree on Fed Rate Hike
Bill Gross says Fed has data it needs to start raising rates in September; Mohamed El-Erian says Fed will wait for the next jobs report.
RCAP (Finally) Selling Troubled Wholesale Unit
The news comes as the firm says its alternative product sales are down 65% in Q2.
In Alts Investing, Managing Expectations Is Top Priority
Headlines about the relative success or failure of alternative assets like hedge funds can affect clients’ — and advisors’ — attitudes about those strategies.