Economy & Markets
The important economic and stock market news that advisors need to know.
Investors Stash Cash, Fearing Geopolitical Risk, Rate Hike
By Michael S. FischerCash accounts for an average of 5.1% of global portfolios, up from 4.5% in July, according to the BofA Merrill Lynch Fund Manager Survey.
August 07, 2014
Does Treasury See Market Crisis Ahead?Minutes of an obscure Treasury committee discuss plans to raise cash in the short term, but also note a severe cash crunch in two years.
August 07, 2014
Retirees, pre-retirees favor lifetime income over controlJust over half of retirees and pre-retirees surveyed say that income guaranteed for life is most important to them.
August 07, 2014
Retirees, pre-retirees favor lifetime income over controlJust over half of retirees and pre-retirees surveyed say that income guaranteed for life is most important to them.
August 07, 2014
10 Best Finance Tweets of the Month: JulyFed chief Janet Yellen makes a questionable fashion choice, CFA candidates get wasted, and more recent highlights from the Twittersphere.
August 06, 2014
PIMCO Outflows Slow, Firm Hires ‘Distressed Credit’ ManagerThe level of pain at the flagship Total Return fund is down, but a rival fund continues to shine.
August 06, 2014
Investor Optimism Falls on Retirees’ WorriesMost Americans say the markets are a "fair" or "poor" way for average investors to grow wealth, a Wells Fargo/Gallup study found.
August 05, 2014
With Flexible Mandate, Henderson’s Barnard Finds Global Bond OpportunitiesManager Jenna Barnard has a flexible mandate to maximize total returns through active asset allocation among a range of fixed-income instruments.