Money

EU watchdogs to study cost, performance of mutual funds

EU watchdogs to study cost, performance of mutual funds

Published 17/10/2017

European Union financial watchdogs will conduct a large-scale study into the cost and performance of mutual funds, a top regulator said on Tuesday. [more…]

Carlyle, OppenheimerFunds form wealth management venture

Carlyle, OppenheimerFunds form wealth management venture

Published 16/10/2017

U.S. private equity firm Carlyle Group LP and asset manager OppenheimerFunds Inc will form a joint venture to provide wealth management services to rich investors in the United States, the companies said on Monday. [more…]

Ivascyn`s Pimco Income fund surpasses $100 billion despite fee hike: sources

Ivascyn`s Pimco Income fund surpasses $100 billion despite fee hike: sources

Published 13/10/2017

The Pimco Income Fund (PIMIX), widely seen by investors and analysts as Pacific Investment Management’s new flagship fund, surpassed $100 billion in assets under management this week, even as fees were hiked on Oct. 2, two sources familiar with the matter said Friday. [more…]

U.S. domestic stock funds win cash for first time in six weeks: Lipper

U.S. domestic stock funds win cash for first time in six weeks: Lipper

Published 12/10/2017

U.S. fund investors stopped resisting the festive mood in equity markets and joined the party, pouring cash into domestic stocks for the first time in six weeks, according to Lipper data on Thursday. [more…]

Skip the health insurance tax question? Not so fast

Skip the health insurance tax question? Not so fast

Published 11/10/2017

With the fate of the Affordable Care Act up in the air after President Donald Trump took office in January, some taxpayers skipped a question on their 2016 returns that asked them to certify whether they had health insurance. [more…]

Early filers for college financial aid reap benefits

Early filers for college financial aid reap benefits

Published 11/10/2017

Want to increase your chance to get financial aid for college? File the Free Application for Federal Student Aid (FAFSA) by the end of 2017. [more…]

New Nobel Prize economist Thaler stumped by record markets

New Nobel Prize economist Thaler stumped by record markets

Published 10/10/2017

University of Chicago professor Richard Thaler may have won the Nobel Economics Prize on Monday for his work on behavioral economics, but the behavior of investors has him stumped. [more…]

Start planning now to care for elderly parents

Start planning now to care for elderly parents

Published 10/10/2017

If you have an aging parent and want a glimpse of what the future holds, look no further than Leslie Glutzer. [more…]

Q&A: Tamed `Wolf of Wall Street` Belfort shares new sales secrets

Q&A: Tamed `Wolf of Wall Street` Belfort shares new sales secrets

Published 09/10/2017

Jordan Belfort inspired the feature film "The Wolf of Wall Street," which starred Leonardo DiCaprio and portrayed the wealth and excesses that the head of former Long Island brokerage Stratton Oakmont enjoyed back in the 1990s. [more…]

Glimmers of `reflation` trade in U.S. funds, but no love for stocks

Glimmers of `reflation` trade in U.S. funds, but no love for stocks

Published 05/10/2017

The Trump administration's highly anticipated tax plan spurred modest flows into funds that profit from higher interest rates and inflation, Lipper data showed on Thursday, but that resurgent "Trump trade" did not boost stocks. [more…]