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So, now the federal gub’ment wants to criminalize risk. Yup, apparently, the Justice Department is investigating JP Morgan Chase (Ticker: JPM) for its “whale” trade. (Some whale; it represents about 1% or more of its capital.)
Here is...
Morgan Stanley clients had been clamoring for shares ever since the IPO was announced, but it was, until now, unclear who would be eligible to get them.
Over the last couple years, we’ve written time and again about the mainstreaming of alternative investments with the rise of alternative mutual funds and ETFs. But data released by Cerulli Associates gives even more credence to the argument th...
Active ETFs have been making a big splash lately, especially with the recent launch of PIMCO’s Total Return ETF (ticker: BOND). But a new report by Lipper finds that active ETFs are more expensive than index funds, but so far haven’t outperfor...