Goldco releases a Bitcoin IRA, Ernest Romer III is accused of defrauding clients, and SIFMA redesigns its website to avoid "bottomless silos of information."
Even after a selloff last week amid rising tensions between the U.S. and North Korea, a Bloomberg Barclays index of global junk bonds still yields 5.3 percent, 100 basis points below the average for the past five years.
Institutional quant hedge funds have addressed the risk issues that caused 2007 losses, but the newer retail products cannot.
If anything, the market’s ability to bounce back is getting stronger.
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Consistency of income, not the level of income, is what drives investor satisfaction.
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Fee pressure on active managers will continue, even when active outperforms passive.