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May 6, 2011

iShares Silver has $1 billion outflow

BOSTON (Reuters) – A record $1 billion outflow from the iShares Silver Trust (SLV.P: Quote, Profile, Research, Stock Buzz) in the week ended Wednesday helped feed silver’s torrid price decline, just as the fund’s earlier inflows aided the prior rally.

Many more small investors can trade the iShares exchange-traded fund than participate in the precious metals futures market, and that can exacerbate the volatility of day-to-day price moves, investors said.

Apr 28, 2011

Bernanke’s call helps clarify investing moves

BOSTON (Reuters) – Federal Reserve chairman Ben Bernanke
spoke this week with the kind of reserve expected of a central
banker — but for investors looking for cues on what next for
U.S. rate policy his view spoke volumes.

Gold lurched higher, the dollar continued to slip, making a
new three-year low, while stocks and bonds rose.

Apr 21, 2011

BlackRock first quarter gets boost from popular ETFs

BOSTON (Reuters) – BlackRock Inc (BLK.N: Quote, Profile, Research, Stock Buzz) increased its adjusted operating income 13 percent in the first quarter, as investors poured into its stock, bond and alternative asset funds.

The New York-based firm earned $819 million, or $2.96 per share, excluding some expenses, compared with $727 million, or $2.40 per share, a year earlier, BlackRock said on Thursday.

Apr 21, 2011

Popular ETFs give BlackRock a first quarter boost

BOSTON, April 21 (Reuters) – BlackRock has made a
series of acquisitions over the last decade, but its 2009
purchase of Barclays Plc’s exchange-traded funds (ETFs)
business may look the smartest this quarter.

Though they carry among the lowest fees of any products for
investors, BlackRock’s iShares line of ETFs produce high-margin
profits for the New York-based firm, which posts earnings later
on Thursday.

Apr 19, 2011

After S&P move, time to get defensive

BOSTON (Reuters) – Time to brace for leaner times in America.

Underneath all the angst over Standard & Poor’s warning to downgrade the United States’ AAA credit rating within two years, investors say the most important message is that austerity is around the corner.

And that means investors are looking to invest in so-called defensive stocks that can grow revenue even in bad times. Treasury bonds and non-U.S. bonds including emerging market securities rather than companies that rely heavily on a robust economy and low interest rates.

Apr 18, 2011

After S&P warning, a shift in investing strategy

BOSTON (Reuters) – Investment advisers and fund managers tried to look past a market-wrenching downgrade of the U.S. credit outlook and pointed out that bonds, defensive stocks and non-U.S. dollar investments will survive better in a slowing economy.

Standard & Poor’s on Monday downgraded its credit outlook for the United States to “negative,” citing the risk that policymakers may not reach agreement on slashing the huge federal budget deficit. The warning heightens pressure on Congress to agree to more cuts.

Apr 6, 2011

BlackRock aims to double U.S. retail funds by 2014

BOSTON, April 6 (Reuters) – BlackRock Inc may be best known
for its huge institutional bond accounts and iShares
exchange-traded funds, but the firm is planning a massive
expansion in old-fashioned mutual funds and related retail
offerings.

Already the world’s largest asset manager, New York-based
BlackRock (BLK.N: Quote, Profile, Research, Stock Buzz) wants to double its $300 billion U.S. retail
business by the end of 2014, Frank Porcelli, managing director
and head of U.S. retail, told Reuters.

Apr 5, 2011

Bargains and havens amid Europe’s debt woes

BOSTON (Reuters) – Europe’s frayed economic union is being hit at regular intervals by bad news from its ‘fringe’ members.

Once-stalwart countries like Ireland and Spain moved to that edge last year and their rehabbing is far from complete.

Apr 5, 2011

ETF Edge-Bargains and havens amid Europe’s debt woes

BOSTON, April 5 (Reuters) – Europe’s frayed economic union
is being hit at regular intervals by bad news from its ‘fringe’
members.

Once-stalwart countries like Ireland and Spain moved to
that edge last year and their rehabbing is far from complete.

Mar 24, 2011

MFS, Janus overcame past troubles for performance awards

BOSTON (Reuters) – MFS Investment Management and Janus Capital Group have climbed back from crises over the past decade to win back investor confidence with improved performance and reduced risk taking.

Boston-based MFS, a unit of Canadian insurer Sun Life Financial, and Janus, based in Denver, were among just four large fund firms awarded for consistent and top performance over the past three years by Lipper, a unit of Thomson Reuters.

    • About Aaron

      "Boston-based reporter covering investment management and investing. Previously worked at Businessweek in Boston and at The Industry Standard and Reuters in Washington, D.C."
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