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Given the volatility of the past two decades in the stock market, starting with the 1987 market crash and ending with last year’s 40% meltdown, investment managers and financial advisers are beginning to update their portfolio risk management systems with stress tests that account for extreme events, The Wall Street Journal reports.
September 8 -
One of the biggest mysteries to emerge from the recession is why investors have stuck with their 401(k) in the face of a 55% market decline between October 2007 and March 2009.
September 8 - Money Management Executive
Eaton Vance is planning a bond mutual fund that will invest in Build America Funds, taxable debt being issued as part of the federal stimulus plan, filings show. It will be called the Eaton Vance Build America Bonds Fund.
September 8 -
PIMCO has joined the retirement income race with its Real Income Funds, a suite of mutual funds that ladder investments in TIPS to serve as an anchor for retirees' portfolios by offering them steady monthly income, inflation hedging and liquidity.
September 8 -
Forward Management has bold expansion goals — and it's aiming at bank trust departments to provide part of the growth, according to its president.
September 8 -
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When Fidelity recently announced that its assets under management grew 9% since the end of 2008 to $1.4 trillion and that its market share, already formidable at 11.7%, has now topped 12.4%, pundits scoffed that it was Fidelity's money market funds that drove this growth.
September 7 -
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Regulators are looking for ways to increase accounting safeguards for investment advisors who have custody of client assets, but an investment advisor's group says some of the proposed changes are too broad and go too far.
September 7 -
BlackRock made a big splash in the exchange-traded funds business this summer with its $13.5 billion purchase of the investment unit of Barclays Global Investors, and analysts and executives are waiting for the next shoe to drop.
September 7