The prolonged bull market has created unreasonable expectations among U.S. investors, and it could be eating into their savings. According to new research from Natixis Global Asset Management, investors now need an 8.5 percent annual re...
The fee structure of the investment management industry—a percentage of assets under management—has been around for so long, and is so ubiquitous, that it almost goes unnoticed. Arguments can be made over whether the percentage is too...
(Bloomberg) -- Nirmal P. “Narv” Narvekar overhauled Columbia University’s endowment in the past 14 years, building a team that delivered top notch returns and minimized losses during volatile times. Now, he’s tasked...
(Bloomberg) -- Khemaridh Hy, late of Wall Street, starts at 5:15 a.m. with a Snapchat selfie and a caption that says, “Time for daily practice. Be present in the now!” After 20 minutes of meditation, he heads for the elevator and...
According to E*Trade’s latest quarterly study of investors, “ease of use” is the biggest driver of customer satisfaction with online investing tools. Two out of three investors surveyed said that more than anything, they want to feel confiden...
(Bloomberg) -- Takahiro Kusakari went from being a self-described bum getting by on bit-part acting roles in Tokyo to calling the shots at a $2.6 billion stock fund...
(Bloomberg) -- Trump's not favorite to win the election. If he wins, his administration might achieve little in its early days. Still, markets are woefully underprepared for the possibility of a Trump presidency, Morgan Stanley writes in...
Proud to be Great American.
Great American Life Insurance Company has introduced a new fee-based fixed indexed annuity with an optional guaranteed income rider that the firm says meets the compensation requirements of the Department of Labor’s...
(Bloomberg) -- Warren Buffett had $1.4 billion wiped from his fortune Tuesday after Wells Fargo & Co. fell 3.3 percent as the fallout continued from revelations that bank employees had opened more than 2 million accounts without clients...
