Economy & Markets
The important economic and stock market news that advisors need to know.
Funds as SIFIs Would Be ‘Too Burdened to Succeed’: ICI Chief
By Melanie WaddellIt would not take much of a "SIFI premium" to increase the fees of these funds significantly, says ICI's Paul Schott Stevens.
May 16, 2014
PIMCO Funds Bled $5.5 Billion in April: MorningstarIn contrast, Vanguard attracted $10.1 billion last month, Morningstar reported.
May 16, 2014
Chinese Communists More Market-Friendly Than U.S.: George GilderI sat down with the free-market conservative Gilder to discuss why his views appear to be out of favor, to put it in investment-speak.
May 16, 2014
Top 5 States With Greatest New 401(k) GrowthNew 401(k) plans are a good indication of a states growing economy, according to research by Judy Diamond Associates.
May 15, 2014
Putnam’s Reynolds: Better Times Call for Active ManagementWere entering a period where active management can really add premium, Bob Reynolds said at the Envestnet conference.
May 15, 2014
10th Annual SMA Managers of the Year Revealed; Tom Johnson Takes Top HonorsThe 10th annual SMA Managers of the Year were announced at the Envestnet Advisor Summit, honoring seven winners in five categories.
May 15, 2014
Senators Vow More Work on Housing After Voting to Wind Down Fannie, FreddieMembers of the Senate Banking Committee said theyd keep working to overhaul the housing finance system after casting a narrow vote to advance the bill.
May 15, 2014
15 Cheapest Colleges With Best Job ValueKeeping tuition costs low makes a degree a better investment. Here are 15 affordable colleges whose graduates earn high salaries.