Investments

Treasuries fell for the first time in three days as U.S. lawmakers made progress on passing a budget and ending a partial government shutdown, curtailing demand for the relative safety of debt.

Successful San Francisco advisor says the strategy has helped her own firm's business -- as well as progressive causes.

The Swiss Bank is reviewing loans issued to clients in Puerto Rico. One brokerage customer said he was given credit to buy risky bond funds holding the island’s government debt.

While IT budgets at buy-side firms have not fully recovered from the cutbacks of the Great Recession, front-office demands keep growing in quantity, complexity and required speed of response.

Interest rate and credit risk continue to invade investor portfolios looking for an appropriate hedge against equity investments.

What do buyers of ETFs hate more than high expense ratios and trade commissions? Hidden fees.

loomberg -- Measures affecting Dodd-Frank Act requirements won’t move forward in Congress while the government remains shut down, according to two Republican leadership aides.

Mutual fund families have traditionally left the topic of how to allocate certain fund expenses to management and fund officers.

The firm is trying to find if its advisors improperly offered non-purpose loans to clients for purchase of its securities.

Nearly one in 10 investors now hold at least 50% of their portfolios in ETFs, up from 4% last year.

UBS O’Connor, the UBS AG unit with $5.2 billion of assets, plans to open its first Asia-focused hedge fund to investors later this year, said two people with knowledge of the matter.

BNY Mellon has announced the launch of an enhanced distribution "waterfall" capability as part of its private equity fund services.

Bloomberg -- Bank of America Corp., the second- largest U.S. lender by assets, completed the merger of its Merrill Lynch & Co. subsidiary into the parent company to simplify the corporate structure.

Bloomberg -- Pimco's Bill Gross said the U.S. will avoid a “catastrophic” default on Treasury securities even if lawmakers fail to extend the debt limit on the nation’s debt.

The vast majority of Americans 25 and older with more than $200,000 in investable assets surveyed in the Allianz Life 2013 Investor Market Perceptions Study say they are seeking some form of protection from losses as they accumulate assets for retirement.

The Federal government shutdown will leave most agencies overseeing the bond market mostly operational in the near-term, but the municipal advisor rule’s implementation will be delayed and issuers are worried that Build America Bond payments might be cut off or delayed.

Pimco's Bill Gross said the U.S. will avoid a “catastrophic” default on Treasury securities even if lawmakers fail to raise the debt ceiling.

Rob Goldman founded Goldman Small Cap Research (GSCR)-not affiliated with Goldman Sachs-in 2009. He has over 20 years of investment and research experience as a senior research analyst and as a portfolio and mutual fund manager.

Bloomberg -- A partisan stalemate that partially shut down the U.S. government may lessen the appetite of lawmakers for risking a debt default later this month.

Bloomberg -- Most U.S. oversight of financial markets and institutions will continue to operate as usual during a government shutdown because most regulators are funded with independent revenue.