Portfolio

The Best. The Brightest. And the Secrets of Their Success.

On Wall Street identified the most prolific asset managers under 40, and these five came out on top for the regional firms.

Vanguard Group founder John C. Bogle said Wednesday that Republication presidential candidates’ pledge to not raise taxes as any part of a solution to the nation’s $1.2 trillion annual fiscal deficit “makes no sense.”

Investors seeking diversity, liquidity and competitive yields when compared to other fixed-income products are trying a relatively new alternative: municipal bond exchange-traded funds.

Retirement plan advisers’ top five concerns include new disclosure rules, market volatility, finding greater flexibility and customization in plans, measuring a given plan’s success and an expected redefinition of fiduciary status. Those are the results from a national listening tour conducted by Transamerica Retirement Services.

Investors' continuing obsession with purchasing Treasury bonds is a sign of 'irrational exuberance,' says the chairman of investment manager T. Rowe Price when 10-year yields are under 2.0%.

Investors’ continuing obsession with purchasing Treasury bonds is a sign of ‘irrational exuberance,’ says the chairman of investment manager T. Rowe Price when 10-year yields are under 2.0%.

It seems more and more common lately that when you turn on the T.V. or open your Internet browser there is breaking news of some sort of disaster. From direct financial disasters such as market volatilities to weather related disasters like floods, tornados and fires, to even more large-scale disasters like earthquakes, tsunamis and nuclear crisis; disasters are unavoidable. But how prepared are you to deal with a major disaster, or other unexpected events that can trigger change? Here are 10 steps that should help you and your firm build a disaster recovery plan so you can be prepared should the unimaginable arise:

Muni market participants say the rule in its current form could affect about half of municipal securities and reduce liquidity in the muni bond market. The Volcker Rule was part of the Dodd-Frank Wall Street Reform and Consumer Protection Act that became law in 2010.

The Tokyo Stock Exchange Group and the Osaka Securities Exchange said they plan to merge. The two exchange operators said their combination will “establish an unchallenged position” in domestic stocks and derivatives trading, as well as “enhance global competitiveness” of their platforms.