SEC Sanctions Schwab, TD Ameritrade, 11 Others on Puerto Rican Junk Bond Sales
The SEC Monday sanctioned 13 firms under MSRB's minimum investment rule intended to keep retail investors out of higher-risk offerings.
Janus’ Bill Gross: Government Needs to Spend More
A bond manager embracing inflation or calling for government spending is far from hard-money stereotypes, but Gross argues they're necessary for today’s new normal.
What QE’s End May (Really) Mean for Bonds
Investors and advisors alike may be surprised at recent fixed-income results.
Top Portfolio Products: TIAA-CREF, Rose Launch Fund
Also, MacKay Shields will act as an advisor to two SEI Trust-sponsored collective investment trusts.
Dodd-Frank Rulemaking Like ‘Shoveling Manure’: SEC’s Gallagher
The SEC won “the Dodd-Frank ‘booby prize,’ and we are still paying the price over four years later,” said SEC Commissioner Daniel Gallagher.
Time to Follow Bill Gross Into Unconstrained Bond Funds?
A strong case can be made for such flexible funds, but before you leap, consider three key issues.
PIMCO Rehires Spence, Banet to Rebuild After Gross Departure
PIMCO has named Nobel laureate Michael Spence as consultant and rehired money manager Jeremie Banet as executive vice president.
QE Is Dead; What’s Next for Fed?
Some analysts expect longer-term fallout from QE’s end as the Fed juggles multiple challenges.
Eurozone Troubles Make US Bonds Look Cheap
Investors are looking at the relative rather than the absolute value of bonds, the co-managers of the Osterweis Strategic Income Fund wrote in their October outlook.
BlackRock Cuts Fees and Expenses on Three Bond Funds
The cuts come as Bill Gross’ PIMCO departure is sending billions of dollars to competing firms.