Economy & Markets
The important economic and stock market news that advisors need to know.
What Bill Gross’ Resignation Means for PIMCO, Janus & Markets
By Janet Levaux, Melanie WaddellJohn Bogle, Lou Harvey and other experts discuss how the fixed-income guru's "rock star status" could affect fund flows and the industry.
September 26, 2014
Bill Gross Says Adios to PIMCO, Joins JanusGross will start Sept. 29 at the new Janus office in Newport Beach, Calif., and will begin managing the Janus Global Unconstrained Bond Fund on Oct. 6.
September 25, 2014
Firms Prepping for Climate Change Have Higher ROE: StudyThose S&P 500 firms showed higher ROE and lower earnings volatility, according to a report released Tuesday by CDP.
September 25, 2014
Hedge Funds Then and Now: 2008 vs. 2014The hedge fund industry has made a big push to win back investor confidence. Here are the biggest changes in the last six years.
September 24, 2014
PIMCO’s Bond ETF Woes Widespread in Industry: Morningstar ExpertMorningstars Michael Herbst says other fund families in the fixed-income space are also likely to have same pricing problems as PIMCOs.
September 24, 2014
Investors More Confident but See Stagnation AheadInvestor confidence has hit a seven-year high but still falls far short of the pre-recession average, Wells Fargo and Gallup found.
September 23, 2014
Interest Rates: How Low for How Long?Interest rates are set to rise? Not so fast, says OppenheimerFunds Chief Investment Officer Krishna Memani.
September 23, 2014
CFPB Should Boost Consumer Data Protections: GAORepublican lawmakers say that the CFPB is overstepping its boundaries with "unwarranted" and "unwelcome" intrusion into personal consumer information.