It's common knowledge that mutual fund shareholders lost money in the late-trading and market-timing shenanigans that have recently consumed the fund industry. But shareholders have been losing many times more money over a longer period of time...
Bond investors have reason to fret these days. With the Federal Reserve holding its benchmark rate at just 1 percent, short-term funds pay puny yields. The economy appears to be recovering, implying that rates are bound to rise in the next year...
To measure Janus Mercury's fortunes in newspaper column inches is to believe the fund is a disaster. An aggressive growth specialist, Mercury suffered big losses in 2000 and 2001. That was followed by New York State Attorney General Eliot Spitzer...
To some, choosing the most talented money managers is easy. All an advisor has to do is examine their track records over, say, three to five years, and pick those that have performed the best. After all, that's more or less how we go about...
To the people who love them, style boxes are great diversification tools. Bob Olstein is not one of those people. Those boxes are artificial barriers, and somebody should rip them up, says Olstein, manager of top-performing Olstein Financial Alert...
Separate accounts or mutual funds? The choice can be difficult, and often advisors feel compelled to pick one and ignore the other. Indeed, until recently, the case against mixing two investment types in the same portfolio has been a potent one...
When stocks plunged in 2000, dispirited fund investors looked enviously at hedge funds. By selling short or investing in mergers, hedge fund owners could make money even when the S&P 500 collapsed. But hedge funds are far from a perfect solution...
With the economy improving and interest rates still near four-decade lows, bond investors might be feeling afraid, very afraid. And with good reason a sharp rise in rates would punish most fixed-income holdings. Government bonds, which enjoyed a...
The disclaimers regarding Morningstar's rating system have always been there for investors. Advisors have long warned that the company's famous star-based system is misleading in its simplicity, and academic researchers have concurred, saying...
Sen. Peter Fitzgerald, a first-term Republican from Illinois, chairs the only Senate committee investigating mutual fund trading abuses the Governmental Affairs Subcommittee on Financial Management, the Budget and International Security. As such...