What’s More Tax-Efficient Than ETFs? Maybe a Tax-Managed Fund
Frank Pape, director of consulting services at Russell Investments, explains why advisors should focus on after-tax returns and favor tax-managed funds.
Templeton’s Mobius Says Low Market Volatility Tied to Social Media
Templeton investing guru says social media creates confusion; people then dismiss bad news, leading to market calm, he says.
AXA Moves to Sweat the Asset Managers in U.S. IPO Plan
The author says managers were careful not to say how much of the U.S. operations they might sell.
Most Markets Have Made All Their Gains for the Year: Wells Fargo’s McMillion
The head of global asset allocation strategy also says to expect more volatility and opportunities to make some tactical adjustments.
Barclays Capital Slammed With $97M Fine for Overcharging Clients
The firm improperly charged certain advisory clients almost $50 million in advisory fees, the SEC says.
Morningstar’s April Winners and Losers
The research group raises its evaluation of seven funds while dropping ratings on 10 others.
Bond Market Pricing in 80% Odds for June Fed Rate Hike; 40% for September Hike
Odds for a September hike following a June jump have about doubled from a week ago.
Why More Advisors Are Using Strategist Portfolios
Here's what they should look for when choosing among the increasing number of strategist firms and portfolios.
Puerto Rico Menaces Mutual Funds That Resisted Market Exodus
More than 24 mutual funds hold about $15 billion of uninsured Puerto Rico bonds, about 20% of the island's debt.
Morgan Stanley Could Cut FA Comp for Vanguard Funds: Report
But a Morningstar executive questions the value of such a strategy for both clients and advisors.