NEW YORK (Reuters) – Spoiler alert: None of the useful things you can do about your money right now involve your 401(k). Financial advisers tend to caution long-term retirement investors to stay the course during times of high volatility, like now with financi... More »
NEW YORK (Reuters) – When clients tell financial adviser Catherine Valega that they want to invest their money in women, they are not always clear what they mean. To be honest, there is no real answer yet. If you have less than $1 million, investing with a gen... More »
NEW YORK (Reuters) – When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only “do good” when he was actively giving the money away to needy causes. Then Cordes discovered impact investing. “We b... More »
NEW YORK (Reuters) – If you have gone to Goldman Sachs Group Inc’s (GS.N) internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe. Visitors are met with a background of lush greenery, alon... More »
NEW YORK (Reuters) – How interested are people in trading stocks for free? Very. In early October, after TD Ameritrade announced it was switching to zero commissions from $6.95 on most trades, client call volume increased 20% and new client call volume shot up... More »
(The writer is a Reuters contributor- the opinions expressed are his own.) By Chris Taylor NEW YORK(Reuters) – When Charles Schwab stares intently at his smartphone, you can be sure of one thing: He is checking the stock market. The 82-year-old has been in a h... More »
NEW YORK (Reuters) – Harvard Business School is known for guiding the next generation of financial leaders through compelling case studies in management, innovation and global intelligence. Now the curriculum includes impact investing, which incorporates posit... More »
LONDON (Reuters) – After years of using the internet, satellites, algos and other innovations to mine ‘Big Data’ for that edge over rivals, the world’s biggest investment firm is trialing a gizmo that puts the focus back on humans — its own portfolio managers.... More »
NEW YORK (Reuters) – Anyone with a boring 9-to-5 job and some culinary talent has at some point probably dreamed of opening their own food truck. Just think of it: Hitting the road, hanging out at music festivals, making delicious food, being your own boss. Wh... More »
HONG KONG (Reuters) – Activist investing in Asia is rising steadily, driven more by local players rather than headline-grabbing foreign firms, as the region’s regulators pay greater attention to corporate governance, according to research from JP Morgan (JPM.N... More »
FILE PHOTO: Berkshire Hathaway shareholders walk by a video screen at the company’s annual meeting in Omaha, Nebraska, U.S., May 4, 2013. REUTERS/Rick Wilking/File Photo NEW YORK (Reuters) – Billionaire Warren Buffett prodded ordinary investors on Saturday to ... More »
Can you make serious money by capitalizing on human foibles? More »
Pop quiz: What percentage of long-term stock market returns are thanks to the humble dividend? Five? 10? 20? More »
Known for his bracing, no-bull personal finance advice aimed at Generation Y and beyond, Ramit Sethi is also patient. More »
Ken Griffin, Founder and Chief Executive Officer of Citadel, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2017. REUTERS/Lucy Nicholson Ken Griffin, founder and chief executive of hedge fund firm Citadel LLC, s... More »
A woman walks on Broad St. past the New York Stock Exchange during the morning commute April 30, 2014. REUTERS/Brendan McDermid When it comes to industries, Wall Street is about as male-dominated as they come. So many people just assume that men are better inv... More »
Several large investment firms are betting on U.S. energy bonds on the view that they have more room to run even after a sharp rebound in performance in 2016. More »
Activist investor Bashar Qasem, President and CEO of Azzad Asset Management Inc, speaks to a client during a conference in Huntington Beach, California, U.S. February 18, 2017. REUTERS/Mike Blake Shareholder activism is rare in Islamic finance, but one wealth ... More »
Mutual fund managers are shifting their portfolios from Mexican exporters and manufacturers into companies that focus on penny-pinching consumers as fears over President Donald Trump’s trade and immigration policies threaten to disrupt relations between the tw... More »
A mortgage specialist speaks with a client at a JPMorgan Chase foreclosure consultation event in New York, in this March 31, 2011 file photo. REUTERS/Shannon Stapleton/Files Tired of the on-again-off-again tease of a government rule that would make financial a... More »
Hedge fund investor Leon Cooperman, the chief executive of Omega Advisors, told CNBC on Thursday his firm’s assets had shrunk to $3.4 billion after the U.S. Securities and Exchange Commission’s insider trading charges. More »
NEW YORK The steep decline and subsequent rebound in the U.S. stock market over the first three months of the year were a boon to U.S. small cap managers, who took advantage of what some considered a short window of low prices to add shares in companies rangin... More »
NEW YORK In an increasingly anxious world, more financial advisers are fine-tuning their bodies with yoga to clear their thinking and make the right financial choices. So the next time you walk into a financial planner’s office, do not be surprised if you find... More »
Investors pulled $2.3 billion in assets from Pacific Investment Management Co’s flagship fund in September, up from $1.8 billion the previous month, as market sentiment soured over persisting concerns of the impact of Chinese slowdown on the global economy and... More »
NEW YORK Mohamed El-Erian, chief economic adviser at Allianz SE, said Monday that turmoil in stock markets was creating opportunities for investors, but could prevent the Federal Reserve from hiking interest rates next month. El-Erian also said that equity mar... More »
NEW YORK Investors worldwide pulled $1.2 billion out of precious metals funds in the week ended July 29 on expectations for higher U.S. interest rates and weakness in Chinese shares, data from a Bank of America Merrill Lynch Global Research report showed on Fr... More »
NEW YORK Investors pulled $3 billion in assets from Pacific Investment Management Co’s flagship fund in June, compared with $2.7 billion the previous month, in another sign Pimco is stabilizing since last fall’s departure of star manager Bill Gross. The Pimco ... More »
