(Bloomberg) -- Investors in U.S mutual funds and exchange-traded funds are paying lower fees than ever before to have their money managed as they shift cash into cheaper products that track indexes, especially those sold by Vanguard Group Inc...
(Bloomberg) -- Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street...
(Bloomberg) -- Blackstone Group LP, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity Investments...
(Bloomberg) -- The fund linked to U.K. Prime Minister David Cameron’s father in the leaked Panama documents may be sparking questions about tax avoidance, though whoever invested in it didn’t fare so well...
Just like a smart driver focuses on the road ahead while scanning all mirrors in the car, smart CEF investors and their advisors should focus on long-term income and cash flow goals, while considering information from all available sources.
(Bloomberg) -- The mutual fund David Iben oversees lagged behind more than 95 percent of its peers for two consecutive years. This year, the chief investment officer’s performance stands out for the right reason...