(Bloomberg) -- The new chief executive officer of the California Public Employees’ Retirement System said the largest U.S. pension fund may look to add more investments in private equity and real estate to increase returns and close its...

(Bloomberg) -- Equity investors jumping into the post-Brexit rally in emerging markets are underestimating the dangers of slowing economic growth and global political turmoil...

(Bloomberg) -- Once-reliable tools for active managers are being sapped of their potency by an aging bull market, sending mutual funds to some of their worst relative returns in history...

(Bloomberg Gadfly) -- When it comes to trading bonds for big dealers, too much information can be a bad thing...

(Bloomberg View) -- The bond market is telling us that Milton Friedman's 1969 thought experiment -- freshly created money appearing in people's bank accounts, known as helicopter money -- may be closer than we think...

The equity/bond ratio rule of thumb worked well, until it didn’t. Advisors need to turn elsewhere to hedge their risks.