Top 20 Largest Pension Funds in the World
Research shows assets fell 3% in 2015 for the world's 300 biggest funds, but growth since financial crisis is up 19%.
Gross Says September Rate Hike a Go; PIMCO Warns Not So Fast
Labor data won’t push Fed to move this month, says PIMCO’s Mather, as El-Erian explains jobs report puts Fed in “really tricky position.”
Fed’s Fischer Says Negative Rates Seem to Work in Today’s World
Equity prices are "quite decent" where the policy has been in use, Stanley Fischer says, reiterating that Fed rate increases will depend on data.
PIMCO at Odds With Goldman on Yellen as September Rate Bets Rise
While PIMCO's Clarida sees no news in Fed chair’s Friday speech, Goldman says comments lift chance of September increase to 40%.
Top Portfolio Products: Schwab, BlackRock Introduce New Funds
Schwab introduced a very low-cost line of target date funds; BlackRock added a social impact bond fund.
Yellen Raises Odds of a Rate Hike as Early as September
The Fed chair told the annual gathering in Jackson Hole that the "case for an increase in fed funds has strengthened in recent months."
SEC Smacks 71 Municipal Issuers for Muni Bond Violations
The issuers sold muni bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations.
Index Funds Outperforming, and Outlasting, Active Funds: Morningstar
Morningstar concludes that mutual fund and ETF fees are the "only reliable predictors" of fund investing success.
Treasuries Gain as Minutes Show Fed Officials Split on Rate Hike
Financial markets had been expecting a more hawkish outlook for rates, but instead the minutes showed a multitude of opinions on when to hike.
Fund Managers Reduce Cash Positions, Boost Equities: BofA Merrill Survey
The August BofA Merrill Lynch fund manager survey shows more optimism about the global economy and equities, especially U.S. and emerging market stocks.