Sell in May and Go ... Where?
Investors who sold in May are on track for a good year, S&P's Sam Stovall says. But where should they invest until November?
Investors Exit Active Funds to Tune of $159B Over Past Year: Morningstar
Morningstar reports $14.3 billion exited U.S. equity mutual funds and ETFs in July, but J.P. Morgan, American Funds buck active trend.
Top Portfolio Products: New Socially Responsible Funds From TIAA-CREF
New products and changes introduced over the last week also include plans for global environmental, social and governance scores from Morningstar.
Gross’ Fund Rises After Tweaking ‘Shorts of a Lifetime’
The Janus (ex-Pimco) fund manager anticipated a slump for German debt and Chinese equities; Janus Global up 0.8% in July, 1.6% YTD.
Morningstar: GuideStone's Duggan on Religious-Based Investing
Christian-screened funds can stand on their own as investments, CIO Ron Duggard of GuideStone argues, plus "everyone screens" in some way.
Morningstar: Evermore Global's Marcus on Opportunities in Europe
Evermore Global Advisors' David Marcus says "we're pure opportunists" who are heavily invested in Europe because "that's where the opportunities are."
Morningstar: Hennessy Funds' Brian Peery on Mid Caps
The manager of Hennessy Funds' Cornerstone Mid Cap 30 Fund describes the fund's screening process, including why he focuses on year-over-year rather than quarterly earnings.
China’s Confusing Currency Devaluation Means Get ‘Buy Lists’ Ready
The market’s big move on the China story appears to be like most big moves in summertime — exaggerated — because trading is thin, analysts say.
GMO’s Montier: Stocks Are Nowhere Near Fair Value
It would take 60 years for today’s stock market to be considered fair value assuming real interest rates remain at -2%, Montier says.
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.