Economy & Markets
The important economic and stock market news that advisors need to know.
Morgan Stanley's Roach: Macro Trends Not Sustainable
By Staff WriterNEW YORK (HedgeWorld.com)-Stephen Roach, Morgan Stanley's chief economist, warned that the out-of-whack world economy sooner or later will move into a correction, in part through the inability of U.S. consumers to maintain current spending levels with their heavy dependence on borrowing. Speaking at a forum organized by Drake Management LLC,...
September 10, 2004
Arundel Partners Lists Funds, Targets SIPPsLONDON (HedgeWorld.com)--Arundel Partners Ltd. will list shares of two of its funds of funds--the Arundel Premier Fund and the Arundel Fixed Income Fund--on the Irish Stock Exchange. The purpose of the listing, according to Arundel Partners officials, is to make both funds suitable for Self-Invested Personal Pension accounts, or SIPPs....
September 01, 2004
Large-Cap Value Shows Its WorthAs we enter the second year of a market rally, many investors are now gravitating toward the stability of large-cap value stocks in a flight...
September 01, 2004
Cooler Heads PrevailingKnowledge is power. And in the case of advisors, it may also lead to more dubious expectations. The Advisor Confidence Index--a new sentiment index from...
September 01, 2004
Like Father, Like SonJudged by most standards, Thompson Plumb Growth Fund looks pretty good. It's a no-load, large-cap blend fund without a 12b-1 fee and with lower expenses...
August 30, 2004
Single-Stock Futures: Looking Back on Unrealistic ExpectationsNEEDHAM, Mass. (HedgeWorld.com)--Fixed-return options may fulfill some of the promises once optimistically attributed to single-stock futures, according to a recent research report from TowerGroup. Senior analyst Matthew B. Bienfang began his report with the observation that the American Stock Exchange has proposed the listing of fixed-return options, products that already...
August 27, 2004
Kenneth Feinberg of Selected American SharesS&P Rank: 5 Stars Finding High Quality Keeps Selected American Shares on Track
August 27, 2004
Barry James of James Advantage Golden Rainbow FundS&P Rank: 5 Stars Conservative Multitasker