Bond Lessons at 29,000 Feet: Hasenstab Has No Time for Your Fear

Aug 15, 2016

(Bloomberg Markets) -- “If I don’t get to the top,” Michael Hasenstab was telling himself, “I have to rename our fund.” Franklin Templeton’s star bond-fund manager found himself somewhere around 24,000 feet...

UBS: The Search for Yield Is a Lot More Complicated Than You Might Think

Aug 15, 2016

(Bloomberg) -- For all those chronicling the mad dash for yield since central banks around the world cut interest rates to record lows, UBS Group AG thinks it has the missing chapter...

Gold/Oil Ratio Flashing a Warning?

Aug 15, 2016

Gold, stocks and oil. Oh, my!

Record $33 Billion Pulled From Active U.S. Stock Funds in July

Aug 12, 2016

(Bloomberg) -- Investors pulled $32.9 billion last month from actively managed U.S. mutual funds that buy domestic stocks in July, the biggest monthly outflow in data going back to 1993, as money continues to move into low-cost passively...

80-Year-Old Beats HFTs to Grill Regulators on Treasuries Trading

Aug 12, 2016

(Bloomberg) -- When it comes to writing to the U.S. Securities and Exchange Commission, it turns out an octogenarian was faster than any high-frequency trading firm...

Wall Street Can’t Agree on When to Halt the U.S. Stock Market

Aug 12, 2016

(Bloomberg) -- The trading industry can’t find consensus on when to apply the U.S. stock market’s brakes during times of turmoil...

Fidelity Seeks U.S. Approval for New Type of ETF

Aug 11, 2016

Aug 11 (Reuters) - Fidelity Investments is seeking U.S. approval to offer a new type of actively managed exchange-traded fund, a regulatory filing on Thursday showed, as the fund company seeks to regain market share lost to low-cost index funds...

Clients Were Net Sellers of Equities in July

Aug 11, 2016

Click to enlarge. Investors were net sellers of equities in July, according to TD Ameritrade’s Investor Movement Index. The broker/dealer subsidiary of TD Ameritrade Holding said the selling, as well as lower volatility in widely held names (l...

Investors Are Cozying Up to MLPs Despite Oil’s Bearish Streak

Aug 10, 2016

(Bloomberg) -- After falling from grace amid crude’s collapse, master-limited partnerships, a darling of recent commodities booms, are winning over investors again thanks to their high payouts and long-term contracts...