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Latest News

Pimco at Odds With Goldman on Yellen as September Rate Bets Rise

– Federal Reserve Chair Janet Yellen’s speech Friday was hawkish enough for Goldman Sachs to boost the odds of a September interest-rate increase, while Pimco said there was nothing of note in her remarks.

Muni-Bond Investors Love Fund Managers Even When They Fall Short

Herbalife Falls After Ackman Says Icahn Tried to Sell Stake

Gold Believers From Soros to UBS Lose Faith in Miners’ Gain

Masters of Universe Flummoxed by Fed as Yellen Takes Stage



Blackstone to Shut Mutual Fund After Fidelity Pulls Out

Blackstone will shutter a mutual fund that allocates money to hedge fund managers following a large redemption by the vehicle’s main backer, Fidelity.

Pondering Active's Fate In a Fiduciary Rule Era

A key challenge posed by the pending fiduciary rule: are firms going to be active managers or are they going to be financial advisors?

Women In Need of Better Retirement Products

Many investment products are still designed with men's needs in mind, despite studies that show women are more active in saving for retirement.