Now’s The Time for Active Investment Strategies, Advisors Say
In particular, advisors said passive ETFs were not a good way to capture high yield in the long term, according to an AllianceBernstein survey.
Top 10 Ridiculous (and Ridiculously Priced) Luxury Christmas Gifts: 2015
If price is no object, these presents will look perfect, and perfectly ridiculous, under the Christmas tree this year.
Ex-Morgan Advisor, in Unusual Move, Takes FINRA Arb Case to Federal Court
Few advisors appeal a FINRA promissory-note ruling because the odds of winning are slim; however, Laurie Facsina’s case is different from most.
Don't Fear the New Boss at the Minneapolis Fed
For one thing, former Treasury official Neel Kashkari isn’t a liquidationist, despite what Paul Krugman thinks.
Fidelity and Betterment, Once Partners, Become Robo Rivals
Fidelity says its digital deal with Betterment “was not gaining significant traction with our clients." Betterment's goal is to be the "leading digital-first custodian."
Bill Gross Doesn’t Let SEC Guidelines Stop Big Bond Bets
The Janus manager used derivatives to make a billion-dollar emerging-market wager, taking advantage of a gray area under U.S. securities rules.
Ultra-Wealthy Boost Investments in 3 Areas, Cut Back in 3: Tiger 21
Cash allocations fell to their lowest level since 2008, the high-net-worth investing club reported.
Activists Are Tough on Companies They Don't Own
Two researchers measured activism by looking not at firms targeted by activists, but at the competitors of those firms.
Dangers of De-risking Portfolios in Retirement: FinaMetrica’s Resnik
Paul Resnik shows that there are good arguments for actually increasing equity asset exposure around retirement, but Michael Kitces is skeptical.
Despite Bull Market, Americans Still Lack Financial Confidence
Americans are feeling less confident about their financial situation, with Social Security the top worry, according to Hearts & Wallets.