Asset Managers Remain Under Pressure Despite Pickup in Flows, Assets: Moody's
Fee revenue is still falling, except at the world's largest asset manager.
Gundlach: Robos Could Cause Next Crash; Passive Mania Will Wane
Speaking at FPA NorCal, the bond king sounds off on passive investing, robos, rates and the S&P 500.
MFS Adds Funds With ‘Clean Shares’
The mutual fund company is among a growing number of firms offering these lower cost shares to advisors in light of the DOL fiduciary rule.
Amazon Shares Hit $1,000, Showing Dominance of E-Commerce, Cloud
The stock has gained almost 40% in a year, more than double the 15% advance in the S&P 500.
Putnam Investments to Launch 3 Alternative Strategies: Portfolio Products
Also, Allianz Life introduced two new index variable annuity products.
First-Quarter GDP Growth Revised Upward to 1.2%
The new annualized rate reflects revisions in consumer spending, utilities consumption and construction.
Fund Expenses Drop 7% in 2016; Vanguard Leads the Pack: Morningstar
The largest fund family had an asset-weighted average expense ratio of 0.11% last year, the research firm says.
The Rise and Fall of Modern Portfolio Theory
MPT’s ubiquity confirms its legitimacy through social validation rather than empirical evidence.
A Step Backward in Financial Regulation
The Financial Choice Act will make the financial system less safe, and it won't eliminate bailouts in a future crisis.
Could Stocks Save Social Security?
The Center for Retirement Research explores the potential of adding equities to the bonds held by the Social Security trust fund to boost yield.