Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second…
Gundlach says ‘LQD’ corporate bond fund looks like…
Jeffrey Gundlach speaking at the Sohn conference in New York on May 4, 2016.David A. Grogan | CNBCBillionaire hedge fund manager Jeffrey Gundlach said Monday a popular exchange-traded fund is incredibly overvalued given some of…
View: RBI’s action may not be a panacea,…
Investors are elated that the Reserve Bank of India has come to their rescue with a Rs. 50,000 crore cheque to mutual funds so that they pay their investors without roiling the markets. A promise…
Franklin fallout: Credit risk funds to face redemption…
In the aftermath of Franklin Templeton Mutual Fund winding up its six debt schemes, industry experts believe credit risk funds are going to face redemption pressure from investors, worried about the safety of their money.…
Activist fund with a soft touch looks to…
A Sierra Wireless display at a trade show.Source: Sierra WirelessLion Point Capital, run by alumni of Elliott Associates, Perry Capital and Starboard Value, struck an agreement this month with Sierra Wireless, a struggling telecom hardware…
View: Why you’re not one of the world’s…
By Barry RitholtzHow would you like to generate 40 per cent annual returns for three decades? Build a firm with billions of dollars under management that's the envy of the industry? Become so influential that…
‘Liquid funds, GOI bonds are better bets’
What next, and what should we do? That’s the question savers are asking after Franklin Templeton stunned Mumbai’s financial community late Thursday, announcing the seizure of six debt plans that cumulatively managed Rs 26,000 crore…
Mutual fund industry should choose between corporate and…
Franklin Templeton India shuttering six of its debt funds has triggered the automated debate whether debt funds are good for poor investors and how reckless the fund managers have been in choosing where to invest.…
‘Big Short’ Steve Eisman likes the big US…
Renowned investor Steve Eisman said Thursday U.S. banks are an attractive investment following the coronavirus-induced market sell-off."I actually think long-term, the best cyclical play out there are the very large banks," Eisman, senior portfolio manager…