Neuberger Berman product joins ranks of similar funds from Goldman, JPMorgan and Pimco.
For fund investors, the vacation from capital gains taxes may be over after another strong year for stocks. But it's not all bad news, as there are ways for investors to extend their holiday.
<i>Breakfast with Benjamin:</i> Euro stocks rally but for how long?. Plus: The China risk, big money managers are flush once again, the future of airplane seating, and 21 inspirational yearbook quotes.
<i>Friday's menu:</i> Ukraine heats up and fund winners and losers come into focus. Plus: Fed-speak clarity: an oxymoron? Bank loan funds fall victim to Fed policy, Obamacare drags us back to the 1950s and banks square off with Big Labor in Vegas.
U.S. fund companies are pushing back against claims that some firms may be too big to fail, saying that singling out a few large money managers and subjecting them to more regulation would hurt competition and ultimately fund investors.
How much can the year's surprising mutual fund flows tell us? Leuthold Weeden Capital Management's Kristen Hendrickson takes a deep dive and provides insight into how the rest of the year could play out.
Money manager recommends diversifying and considering alternative fixed-income investments.
Only 15% of those surveyed are comfortable with the term
Two on panel annoyed with regulatory action on "too big to fail"; Gallagher says asset managers shouldn't be considered systemically key.
The duo, who claimed Mark Zuckerberg stole their idea for a social-networking website, are seeking to open the Winklevoss Bitcoin Trust as the first ETF tracking a virtual asset.
Legg plans to work with UK-based institutional investor to develop retail funds
<i>Breakfast with Benjamin:</i> The bond market's oddly logical rally. Plus: Retail and professional investors get cautious, gold tops $1,300 an ounce, the income opportunities in deep-water drilling, and clarifying Thomas Piketty's attack on capitalism
“By and large the bond market is over. Maybe you want to put some James Bond in your portfolio,” a top strategist said at the IMCA conference.
Next year, three-decade T. Rowe Price veteran will no longer run the firm's second largest fund.
Search for yield, along with a more predictable Federal Reserve has investors dumping adjustable-rate bank loan funds.
Historically, access to alternative private investment opportunities has been for institutional investors, but now the mass affluent are demanding this access as well. In turn, a new product type, the interval mutual fund, is providing the next evolution in alternative investing.
Money managers are turning on stocks that have delivered the best returns during the bull market: small caps.
ETF investors say BlackRock keeps too much of the proceeds from securities-lending business.
Firms set to launch actively managed accounts, a move likely to stoke competition.
SEC says company overstated performance of its flagship ETF over a seven-year period, and it charged the former CEO for making false and misleading statements.
