PIMCO's El-Erian: Debt Deal Will Only Bring Temporary Relief
PIMCO's CEO Mohamed El-Erian says that if passed, the debt deal should lift markets, but a downgrade is still a threat.
News Archive: Aug - 2011
Despite High Participation in Target-Date Funds, Uncertainty Looms Large
New research reveals that dissatisfaction and uncertainty surround target-date funds while participation in the funds is growing; industry experts have cited serious concern with the funds despite their strong rebound from losses during the financial crisis.
Northern Trust: US Institutional Plan Sponsors Achieve Positive Q2 Returns
US institutional investment plan sponsors in the Northern Trust Universe gained 1.2% at the median, the firm's latest research reveals.
Research: Perception That ESG Will Negatively Impact Returns Is False
Applying ESG factors to a portfolio does not negatively impact performance and may enhance it, new research reveals.
Adding to Bank of America’s Countrywide Legal Woes, Prominent Institutional Investors File Lawsuit
In another legal blow to Bank of America, a group of 15 institutional investors has sued the bank for allegedly misleading investors about the integrity of its subsidiary Countrywide Financial’s financial condition and lending practices.