Steven Cohen, who less than four years ago was barred from managing money for external clients, is plotting a return with a lot more money than when he left.
Backlash to an attempted Vanguard takedown, investors are better at timing the market and Merrill Lynch adds an international advisor in Miami.
Though fixed income funds haven’t grown like equities, year-to-date total money to bond and balanced funds is north of $250 billion.
Redemptions are happening in gold, real estate and utilities as nearly everyone anticipates the U.S. Federal Reserve to raise its rate.
U.S. equity funds continue to lose money as Trump policies look less like a reality.
