Bruce Berkowitz, Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired
Financial advisers increasingly are looking to dividend income as a means to provide cash flow to retired clients — despite some obvious risks in doing so.
It didn't take long for Daniel Gallagher, the SEC's newest commissioner, to disagree with the agency's chairman, Mary Schapiro.
Firm reopens five-star funds, giving closed-out investors a chance to buy in at lower prices
Highland Capital Management LP is taking its separation of institutional and retail assets to the next level.
Laurence D. Fink, chief executive of BlackRock Inc., stepped up his criticism of some exchange-traded funds such as those provided by Société Générale SA, saying that he doesn't want them to damage the industry
Recent market volatility is prompting Congress to examine the role ETFs may play in the gyrations. At the same time, ETF vendors are squabbling over the best way to dampen the risks arising from the popular funds.
John Cole Scott believes that sometimes it would be easier to squeeze blood from a stone than provide his clients with the retirement income they demand from their assets
Investing in equities these days should come with a warning for those who suffer from motion sickness
Fidelity Investments has replaced the manager of its $3.1 billion Fidelity Small Cap Stock Fund, which has declined 15.7% this year.
BlackRock boss Larry Fink has once again slammed synthetic ETFs, which are sold mainly in Europe. His point? The funds make investors counterparties in swaps. But the head of Societe General's Lyxor unit, which sells such exchange traded funds, has fired back. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110921&Category=FREE&ArtNo=921009998&Ref=PH>The ETFs with the biggest outflows &raquo;</a> | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111110&Category=FREE&ArtNo=111009917&Ref=PH>Top 10 dividend-paying ETFs &raquo;</a>
Exchange-traded funds are in the right place at the right time, according to the results of an investor survey conducted by The Charles Schwab Corp.
Kenneth Heebner, whose CGM Focus Fund was one of the top-performing U.S. stock mutual funds over the past decade, bought shares of Morgan Stanley as the bank posted its biggest quarterly drop since 1998
To start the Vanguard Total International Bond Index Fund and Vanguard Emerging Markets Government Bond Index Fund
Seventh straight month of net outflows; bond funds a different story
Funds rely on leverage, synthetics to amp up performance
Worried clients pulling out of equity, plumping up debt investments
Bill Miller's decision to relinquish the reigns of Legg Mason Capital Management Value Trust in April is unlikely to herald big changes in how the $2.8 billion fund is being run, according to the fund's incoming lead manager, Sam Peters
Legendary fund manager Bill Miller finally gave up the ghost, unloading his entire stake in Eastman Kodak. The damage? The Legg Mason Capital Management Value Trust took a $550 million hit from the sale.
