Seek value, diversify globally, and have a financial plan to pursue personal goals, not index returns.
The risk of too much exposure to the future fortune of a client's company comes from more than just owning common stock.
In its 2017 Guide to Retirement, J.P. Morgan Asset Management says return expectations are down almost a percentage point, meaning investors will have to save a lot more to meet the same retirement goals.
Hedge funds are seeking new ways to stand out as the $3 trillion global industry reels from poor performance and big redemptions.
Christopher Brightman still calls emerging equities "an enormous bargain."
Ultimately Ackman acknowledged to the world that the headache of Valeant wasn’t worth it any more.