Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@Sven Speaking of OSTIX, Carl Kaufman will be doing a 3rd qtr. teleconference tomorrow. Tune in here, if you have the time to spare:
https://secure.confertel.net/tsRegister.asp?course=6191432
I think VF meant to write ARTWX, instead of ARTGX.
https://www.artisanpartners.com/individual-investors/investments/global-equity-team/global-small-cap-fund-artwx.html
@Puddnhead Sorry, I intended to post something about the AMG situation and forgot to do it. For the deep skinny, check this link out:
https://investor.amgfunds.com/amg-aston-integration
To the extent that the Fund seeks to invest in the securities of Indian companies, it currently intends to do so by investing in shares of the Mauritius Subsidiary, a wholly-owned, investment holding company registered with and regulated by the Maur…
yes, clever boys.... click on the link, after finding the article cited in a Yahoo or Google search, and it goes to the article; however, however, try a copy & paste of the link from the search list and the same thing happens--- the link also ge…
"This transcript has been automatically generated by Sarah Palin and may not be 100% accurate."
I ... we might ... is that we ... were talking about ... the zero negative this negative interest rate policies of Europe and Japan ... forcing that ...…
@learningcurve Yes, apparently Fidelity has found that @Junkster is one of those special individuals with unique financial wellness needs, and they have tailored one of their programs to address his concerns (a.k.a. good old-fashioned incentive pay…
Prior warning have been given, by the IMF and by the US Treasury's Office of Financial Research. Fed regulators.... have done nothing!
In June of this year, the Federal Reserve said that the U.S. unit of Deutsche Bank, Deutsche Bank Trust Corp., h…
These will be expensive puppies, due to indirect/acquired expenses from the underlying:
http://www.etf.com/sections/daily-etf-watch/etf-watch-first-trust-adds-2-closed-end-funds
And, once again, we shall undoubtedly see a mismatch, perhaps quite a …
So, will there be one internal investigation, or two? This short Reuters report is worded slightly different than the Chicago Trib description.
https://www.fidelity.com/news/article/top-news/201609272228RTRSNEWSCOMBINED_KCN11X2NW_1
A special committ…
Be careful with your background coloration choices. For example, I'm pretty sure that the special blue box in the left column--- "statement of the obvious" disclaimer--- would appear to someone with blue-green colorblindness as just a box shaded gre…
oooooooh, you gotta (come on, sing along!)
Know when to hold 'em [that he did]
Know when to fold 'em [not so much]
Know when to walk away [couldn't do it]
Know when to run [say what?]
On the first of the 4, he was really really good; when times wer…
At the end of the first quarter of this year, Switzerland’s central bank held $119.7 billion in publicly traded stocks. The Swiss National Bank’s (SNB) web site indicates that it is now allocating 20 percent of its foreign currency reserves to stock…
@DanHardy I'm keeping inflation on the stove (on a "side burner") if only to keep myself honest. Is it starting, or is this only a meandering, to and fro? I don't think it's wise to bet too much on trend-following here. If the bond vigilantes beco…
It doesn't look like the big bond trading operations are particularly optimistic, and are becoming increasingly less so:
from http://www.bloomberg.com/news/articles/2016-07-28/three-things-that-show-investors-are-making-a-huge-bet-on-low-interest-r…
So, where would be the "breaking point" for people here? Does anyone have a plan?
I think, if the 10-yr goes on another rip up, I'm gonna be trimming some gains @1.25% and worry where I'm gonna put it after the fact. I am not gonna stick around and …
@MikeW You might put the Aston/Pictet International Fund on your watch list. It would be more similar to the Harbor fund than others mentioned so far. APINX is only two years old, but it has demonstrated good defensive properties since the dust-up …
@Ted Actually, the byline could have been better, and it was almost accidental that my half-addled brain didn't move on by. Thanks for playing clean-up and finishing off the post "right and proper," as I'd intended to do (lately, my glass being only…
Junkster Yes, that part of the first article was obviously outdated; I posted the link for the other stuff therein. Good point about TR vs NAV, I hadn't considered that, but then I just don't pay much attention to "highest in 92 weeks!""first time u…
Yes, a week of normal breathing and regular heart rate. A nice respite. But as this continues, and the financial MSM only pumps up the positive to keep the momo going (in their service to the industry), it might be smart to start looking for troub…
5.8% is a "steep discount", when the 3-yr ave. discount has been 9.6%?
43% levered, total e.r. of 2+%
Good yuck, investors; if a swan flies in, you're gonna need it.
After further reflection, they must have decided to drop "Global" from the name, as it was originally registered. It is now, simply, DL Infrastructure Income Fund, thereby removing any implication that the fund will be, fundamentally, ever-present i…
Advisory Research used to have a fund that was almost entirely preferreds, called Strategic Income, symbol ADVNX. I'm sure The Professor mentioned it on at least one occasion, but an MFO Search using the symbol gives me nothing. It still exists, but…
For those who do not remember, the concept of this exchange (and I think some seed money) was heavily supported and endorsed by Fidelity and T Rowe Price. Consequently, if you have investments at either of these firms, your portfolio manager probabl…
@DanHardy Maybe we should just cash out of our bonds, denominated in fiat this and that, while the getting is good (sort of), and escape into the virtual world--- Bitcoin was up 9.5% yesterday. :)
update oh, great, German 10-yr just joined the club…
It's getting ridiculous again. IMO, the global fixed-income markets are in complete disarray, with unprecedented distortions created by central bank manipulations, with about a 6-mo lag in effect every time. Throw out the old tried-and-true rules fo…