The Securities and Exchange Commission has launched a broad examination of alternative mutual funds, the Wall Street Journal reported.» Read More
Around the world, nearly every asset class is expensive by historical standards.
*Copper market seen tilting into deficit from 2016. Copper has lost almost a third of its value from a peak in 2011 due to a slowdown in top metals consumer China, which buys about 40 percent of global output. Copper miners' shares represented by the Thomson Reuters GFMS pure-play copper companies index fell by almost 40 percent over the same period.
Even as BlackRock is set to amass $1 trillion in exchange-traded fund assets, investors increasingly send money to low-cost leader Vanguard.
NEW YORK, June 30- Even as BlackRock Inc is set to amass $1 trillion in exchange-traded fund assets in its iShares business, U.S. retail investors increasingly prefer to send their money to low-cost leader Vanguard Group, highlighting a weak spot for the world's biggest money manager.
Asset manager BlackRock disclosed on Friday that it may be facing possible civil charges by U.S. securities regulators.
Sharp market swings could hurt those selling volatility insurance. The Financial Times reports.
NEW YORK, June 24- Jack Bogle, a celebrity for low cost investors, faces a disconnect with his own fan base when it comes to corporate governance. Meanwhile, investors are increasingly moving cash to Vanguard and rivals like BlackRock Inc, known for index funds and other low-cost products, giving the firms more influence.
NEW YORK, June 23- Executives at top U.S. wealth managers say they need more technology to maintain their market-leading positions as younger investors seek to manage their money in a digital world, but research shows firms are not keeping up with client demands.
NEW YORK, June 20- Federal Reserve chief Janet Yellen signaled that rational exuberance is just fine.
*Goldman Sachs, Morgan Stanley underwriters to IPO. The Israel- based company listed Goldman Sachs and Morgan Stanley as lead underwriters to the IPO, according to a regulatory filing. Mobileye's other top shareholders include Goldman Sachs Group Inc, Fidelity Investments, BlackRock, and Enterprise Holdings, the No 1 U.S. car rental company.
In our Talking Squawk blog, Joe appears on "The Daily Show" in a clip of his Rick Perry interview; Becky loses her breath on TV; and Andrew talks cocktails.
A leveraged ETF is an exchange-traded fund that aims to amplify the return of its underlying benchmark.
Moves by central banks around the world have put a floor on stocks, the BlackRock boss said, advising investors to stick with equities.
We need to have more governmental policy, says Larry Fink, BlackRock CEO & chairman, sharing his thoughts on how to put the economy back on track though tax reform and infrastructure programs. There has to be a public/private type of combination, says Fink.
There is a huge pool of money that needs to be put to work, says Larry Fink, BlackRock CEO & chairman, providing his thoughts on investing in stocks and bonds.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on the crisis in Iraq.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on the job market. There are pockets were employers are finding it more difficult to hire people and that is causing fragmentation, Fink says.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on central bank policies, equity valuations and inflation. I believe we are going to have higher trending inflation in the United States versus Europe, says Fink.
Larry Fink, BlackRock CEO & chairman, shares his thoughts on Fed policy and its impact on the economy.
NEW YORK, June 18- Institutional investors including BlackRock Inc and Allianz SE's Pimco on Wednesday sued six of the largest bond trustees, accusing them of failing to properly oversee more than $2 trillion in mortgage-backed securities issued in the run-up to the 2008 financial crisis.