Economy

Dow Jones tops 17,000 as June payrolls rise amid ECB stimulus

Dow Jones tops 17,000 as June payrolls rise amid ECB stimulus

The Dow Jones industrial average on Thursday climbed above 17,000 for the first time as data showed employers added more workers than projected in June and the European Central Bank disclosed details ...

July 03, 2014 | 03:36 pm
Pioneers in performance, risk measurement feted

Pioneers in performance, risk measurement feted

Harry M. Markowitz, William F. Sharpe and Eugene F. Fama — all Nobel laureates in economics — are among the inductees into the Performance and Risk Measurement Hall of Fame.

June 23, 2014
Payden & Rygel uses soccer as  springboard for commentaries

Payden & Rygel uses soccer as springboard for commentaries

World Cup fever has struck money manager Payden & Rygel, with the Los Angeles-based firm looking at four matches between emerging markets countries as inspiration for its investment commentary.

June 23, 2014
BlackRock, PIMCO sue banks over mortgage-bond trustee roles

BlackRock, PIMCO sue banks over mortgage-bond trustee roles

BlackRock and Pacific Investment Management Co. are among investors that sued banks, including Citigroup and Deutsche Bank, over their roles as mortgage-bond trustees.

June 19, 2014 | 10:57 am
Fed: Tapering continues, rates stay low as economy improves

Fed: Tapering continues, rates stay low as economy improves

Members of the Federal Open Market Committee meeting Wednesday voted unanimously to continue tapering their bond-buying program, dropping to $35 billion in monthly purchases, down from $45 billion in ...

June 18, 2014 | 03:53 pm
Long-term Investing and Keynes' wisdom: Succeeding unconventionally

Long-term Investing and Keynes' wisdom: Succeeding unconventionally

The financial crisis has brought about a renaissance in Keynesian thinking, especially in relation to the debate over austerity vs. stimulus. But the great economist John Maynard Keynes was, perhaps, ...

June 12, 2014 | 08:00 am
Academics tackle  high-frequency trading problem

Academics tackle high-frequency trading problem

Three academics have identified a market structure they contend would enhance liquidity and stability, overcoming detrimental impacts to investors of high-frequency trading.

June 09, 2014
ECB’s interest rate cut could put pressure on pension fund liabilities

ECB’s interest rate cut could put pressure on pension fund liabilities

The European Central Bank’s decision to further cut interest rates in an effort to stave off deflation have been met with mixed reactions by money managers.

June 06, 2014 | 12:31 pm
Misery and stocks

Misery and stocks

Many years ago, economist Arthur Okun created the Misery index. It is simply the sum of the unemployment rate and the inflation rate. It tends to peak at the start of bull markets and to trough at...

June 05, 2014 | 03:40 pm
United Technologies puts final touches on 401(k) plan overhaul

United Technologies puts final touches on 401(k) plan overhaul

United Technologies this week will introduce two core options in its 401(k) plans that are designed to reduce portfolio volatility and address the impact of inflation.

May 26, 2014
Executives split over possible pension risk transfer crunch

Executives split over possible pension risk transfer crunch

A growing number of large pension risk transfer deals in the U.K. and U.S., coupled with an anticipated influx of deals across both markets, have left industry executives split over the potential for ...

May 26, 2014
The advancement of a bad idea

The advancement of a bad idea

Eleven member countries of the European Commission are planning to introduce a financial transactions tax in 2016. If it takes effect as planned, the tax could cost pension funds, not only in Europe...

May 26, 2014

Fed to start considering options for raising rates

Members of the Federal Open Market Committee agreed in April to consider “a range of options” for tightening the stance on monetary policy, according to minutes released Wednesday.

May 21, 2014 | 03:57 pm
Is oil demand hinting at slowing growth?

Is oil demand hinting at slowing growth?

According to Oil Market Intelligence, world crude oil supply rose to a record 90.2 million barrels per day on average in the 12 months ended April 30. The price of a barrel of Brent crude oil has...

May 21, 2014 | 12:25 pm
Real Estate Investing

Real Estate Investing

Three seasoned investment professionals debated the best approaches to real estate investment for institutional investors, provided insight into some of their best ideas for 2014 and beyond, and...

May 12, 2014 | 12:01 am