Interest rates

Fed stops bond buying, stays with federal funds rate near zero

Fed stops bond buying, stays with federal funds rate near zero

The Federal Open Market Committee’s bond-buying program will end this week, members announced Wednesday at the end of a two-day meeting, citing “substantial improvement” in the...

October 29, 2014 | 03:32 pm

Money managers tame their expectations on the economy, survey shows

More money managers are adopting a moderate outlook on U.S. economic growth, a quarterly survey by Northern Trust shows.

October 16, 2014 | 04:13 pm
GARP managers hold firm on EAFE portfolios despite losses

GARP managers hold firm on EAFE portfolios despite losses

Some global growth-at-a-reasonable price money managers are coping with client losses stemming from underperforming Europe, Australasia and Far East strategies.

October 13, 2014

Fed sees pickup in economic growth

Members of the Federal Open Market Committee expect faster economic growth in the second half of 2014 and in 2015 under current monetary policy, according to minutes from the September meeting that...

October 08, 2014 | 03:21 pm
Appetite for yield is driving demand for real estate, say panelists

Appetite for yield is driving demand for real estate, say panelists

The hunt for yield is driving global investors' interest in adding real estate to their portfolios and creating selling opportunities for holders of core property portfolios, said speakers at the...

October 07, 2014 | 10:02 am
 Draghi says ECB will purchase assets for at least two years

Draghi says ECB will purchase assets for at least two years

The European Central Bank will buy assets for at least two years to boost inflation and economic growth in the eurozone.

October 02, 2014 | 10:32 am
Fed: One more month of tapering, funds rate stays low

Fed: One more month of tapering, funds rate stays low

Members of the Federal Open Market Committee voted to finish tapering their bond-buying program with a final $15 billion in purchases in October.

September 17, 2014 | 03:48 pm
Outlook for timing of rate hike little changed from June

Outlook for timing of rate hike little changed from June

In its latest summary of economic projections released Wednesday, the Federal Open Market Committee's outlook for the appropriate timing of raising the fed funds rate was little changed from June....

September 17, 2014 | 03:27 pm
Higher yields, without increased risk

Higher yields, without increased risk

With equity markets at a historical peak and interest rates still low, rebalancing a portfolio is a painful proposition. Rather than investing in traditional fixed income, however, institutional...

September 11, 2014 | 10:07 am
Yellen facing hard call on when labor market has healed

Yellen facing hard call on when labor market has healed

Federal Reserve Chairwoman Janet Yellen said she still isn't satisfied with the U.S. labor market. Deciding when she is won't be easy.

August 22, 2014 | 03:44 pm
Rerisking without regret

Rerisking without regret

With new actuarial tables threatening lower funding status, pension investors should consider reversing the course of de-risking embedded in their glide paths and increasing their allocation to...

July 30, 2014 | 05:48 pm

FOMC continues tapering, low rates

Members of the Federal Open Market Committee voted Wednesday to continue tapering their bond-buying program, dropping to $25 billion in monthly purchases from $35 billion in June. Information...

July 30, 2014 | 03:38 pm
Headwinds remain despite progress, Yellen tells Senate panel

Headwinds remain despite progress, Yellen tells Senate panel

Federal Reserve Chairwoman Janet Yellen told a Senate committee Tuesday that “the economy is making progress, and eventually, if we continue, the day will come when I think it will be...

July 15, 2014 | 02:45 pm

Cambridge urges longer duration for fixed-income portfolios

Pension funds that want to reduce risk in their portfolios should consider moving away from traditional core fixed-income strategies benchmarked to the Barclays Capital Aggregate Bond index, a paper...

July 15, 2014 | 03:13 pm
Fed likely to end bond-buying program after October meeting

Fed likely to end bond-buying program after October meeting

The Federal Open Market Committee's bond-buying program is likely to end after its October meeting, said minutes released Wednesday of the group's June meeting.

July 09, 2014 | 04:07 pm