Funds articles

Target-Date Funds May Fall Short for Retirement Savers

Target-date funds, or what some call TDFs, have become the investment of choice for many folks saving for retirement. You buy one fund that is aligned with your anticipated year of retirement and you don’t have to do much else. But one expert says TDFs, while good on paper, fall short of being the ideal


Time to Book Profits on the S&P 500 ETF

The S&P 500 is traded using the exchange-traded fund called SPDR S&P ETF Trust (SPY) , which active traders call “Spiders.” We know that Spiders declined into bear market territory from their all-time intraday high of $293.94 set on Sept. 21 to their Dec. 26 low of $233.76, down 20.4% marking the bear market. From this


Hedge fund Highfields Capital to close, return billions to clients

Boston hedge fund Highfields Capital Management is returning billions in client money and converting into a family office, founder Jonathan Jacobson told investors in a letter Wednesday. The decision to return money to investors would mark one of the largest hedge fund closings in recent history. Jacobson started the $12.1 billion stock-trading firm in 1998


Junky Loans Surpass Junk-Bond Market as Investors Chase Higher Yields

On Wall Street, junky loans have overtaken junk bonds. Fitch Ratings said Monday that loans to companies with low credit ratings — known as leveraged loans — climbed to $1.22 trillion outstanding in May. That figure, up 20% from a year earlier, outstripped the junk-bond market, which slid by 1% to $1.21 trillion in May from the

Why the latest round of rock-bottom ETF fees may be a non-event for investors

Is the ETF fee war nearing a cease-fire? Over the past several years, the primary trend in the fund industry has been a massive shift into not just passive products, but also low-fee ones. Exchange-traded funds, which on average charge less than their mutual-fund equivalents, have been among the primary beneficiaries of this shift. But

Credit Suisse, Activist, activism, hedge fund, big bank, break up, RBR Capital Advisers

Activist Fund Wants Credit Suisse Broken Into Three Parts

Swiss hedge fund RBR Capital Advisers is set to unleash an activist campaign seeking to break up Credit Suisse Group AG   (CS ) . According to the Financial Times, citing sources, RBR Capital has accumulated a stake of between 0.2% and 0.3% and has put together a presentation it will release later this week

Indexes, Indices, Activists, hedge funds, Activist hedge funds, S amp P 500, Russell 3000, Nasdaq, Index funds, MSCI

How Index Funds Help Activists Secretly Buy Blocks

Activist investor Andrew Shapiro is keeping a close eye on June 22. That’s because the FTSE Russel is expected to rebalance its Russell 3000 index on or around that day and he sees it as a tremendous opportunity to accumulate a significant position in a potential target company. “A lot of index funds go in