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'Welcome': Mutual Funds Reopen Their Doors to New InvestorsABC NewsThe velvet rope is dropping in front of more mutual funds. Some smaller corners of the market have stalled recently, even as the Standard & Poor's 500 index closes in on its record high. That means some fund managers are … Read entire story.
Source: mutual funds – Google News
By Greg Roumeliotis (Reuters) – Blackstone Group LP , the world's largest alternative asset manager, on Thursday reported lower-than-expected third-quarter earnings, but said it was well positioned to profit from market jitters and put more of its $42.3 billion in undrawn investor capital to work. As markets rallied …
Washington (AFP) – US-led air strikes on a Syrian border town killed “several hundred” Islamic State fighters but it may still fall, officials warned Wednesday, acknowledging significant jihadist gains in Iraq and Syria.While Iraqi troops prevented the jihadists from seizing a lynchpin provincial capital near Baghdad, a senior US …
Retirees who rely on fixed income streams are happier and likelier to spend in their golden years — here’s how to do it If you’re like most Americans, your focus for retirement is to build a sizable investment portfolio, do your best to maximize the returns from that portfolio, and then carefully withdraw from it […]