Returns on catastrophe bonds are exceeding those on corporate debt by
the most in nine months as investors facing record-low yields chase
returns detached from economic performance.
Christopher Donahue, CEO of Federated Investors
Inc., is sticking up for the family business when he defends
money-market funds.
Wall Street, reeling from public outrage
and increased regulation, is proving incapable of finding a champion to
replace sidelined JPMorgan Chase & Co. CEO Jamie
Dimon.
Commodities are poised to enter a bull market led by surging grain futures amid the worst U.S. drought in half a century.
by
Evan Simonoff
The FPA has named Lauren Schadle to succeed
Marv Tuttle as its CEO and executive director on October 3, immediately
following its annual FPA Experience conference in San Antonio.
by
Ray Fazzi
Advisor Ron Rhoades said he has stepped down as chairman-elect of Napfa
because he was late in filing registration papers with the Florida
Division of Securities.
by
Dorothy Hinchcliff
RIA Frank Martin has managed money for more
than 40 years and was able to avoid big losses from the dot-com bust of
2000 and the financial crisis of 2008...
by
Jim McConville
Most financial advisors are "window shoppers" rather than active users regarding social media, but that might be changing.
by
Dorothy Hinchcliff
Russell Investments eliminated speculation late Friday on what it would
do with its exchange-traded funds when it announced it would close 25
U.S. ETFs.
Municipal securities remain cheap relative to U.S. Treasury debt even
with investors directing the most cash since 2009 to tax-exempt bonds in
the $3.7 trillion market.
by
Dorothy Hinchcliff
Direxion Shares is closing a total of nine leveraged and inverse ETFs September 5 because they haven't attracted enough assets, the
company has announced.
by
Karen DeMasters
A new Society of Actuaries report shows fewer people expecting to retire.
New Jersey's unemployment rate jumped to a 35-year high of 9.8 percent in July, the state Labor Department said.
Actor John Cusack jumps into debate as local governments from New York to California consider plans to
seize mortgages and protect their housing markets from homeowner
abandonment.
Sales of junk bond in the U.S...
by
Jim McConville
The SEC has charged a former University of Georgia football coach and ESPN analyst with running an $80 million Ponzi scheme using assets from other coaches and former players.
Congress is already considering new legislation that would grant the
Securities and Exchange Commission its latest wish list of much higher
financial penalties.
Canada's biggest gold miners are replacing their senior executives at
the fastest rate in at least a decade as shareholders demand greater
returns.
