Portfolio

If your clients have been aching to invest in master limited partnerships without the usual headaches that they bring, you now have options.

CHICAGO — Yields on floating-rate municipal prepaid gas bonds with ties to BP have spiked to nearly 9% from less than 0.5% as credit analysts continue to cut their ratings on the oil giant.

During his keynote address at the Morningstar conference, Jeffrey Gundlach forecast radical policies out of Washington that would include higher taxes and warned that deflation and the debt overhang will continue to impact investor for the next five years.

Vanguard's top executive said at the Morningstar Conference that it’s not just liquidity, but trust, and perhaps an overhaul of the regulatory system through the creation of a systemic risk council, to restore investing.

Yields on floating-rate municipal prepaid gas bonds with ties to BP have spiked to nearly 9% from less than 0.5% as credit analysts continue to cut their ratings on the oil giant.

A lack of investor confidence in the market has triggered advisors to work feverishly to strenghten client retention techniques over acquiring new customers.

RS Investments of San Francisco has entered into an agreement to adopt the portfolio management team of Oak Value Capital Management.

RS Investments, San Francisco, announced Thursday it has entered into an agreement to acquire the portfolio management team of Oak Value Capital Management, Inc. of Chapel Hill, N.C. RS will also acquire "certain assets of that firm, including its investment management relationships," the company said.

CHICAGO—The $787 billion debt overhang the federal government absorbed from the failed banking sector from the 2008 credit crisis will not come due until 2020, or perhaps later.

Vanguard Group announced Thursday an aggressive expansion strategy to expand its index fund family.The Valley Forge, Pa., mutual fund giant plans to introduce 19 new funds with exchange-traded fund in an effort to offer a wider array of low-cost stock and bond options. The firm will also launch ETF shares of its flagship Vanguard 500 Index Fund.