Investment News

Eric Sorensen is one of the last standing men of his generation. As one of the early quants, Sorensen, now 71, is the oldest quant researchers running a large quantitative investment firm — one currently with over $46 billion under management. As head of Boston-based PanAgora Asset Management, he looks at trends in artificial intelligence,…

Read More “King Of Quants” Questions Machine Learning: “Can Machines Learn Without Humans?”

It’s one of those things everyone who has thought about retirement knows: Younger people are supposed invest in stocks, and older people should mostly own bonds. But two of the most respected wealth managers in the country say that’s a bad approach. The objections come from Jeff Erdmann, who has topped Forbes’ list of the…

Read More Two of America’s most acclaimed wealth managers for the ultrarich explain why a famous approach to retirement investing is dead wrong — and reveal what people should do instead

*Prices as of opening Friday, April 5, 52-week high represents all-time high That was followed by J.P. Morgan’s strong earnings and CEO Jamie Dimon’s comments that the U.S. economy was strong. The third driver was Chevron’s $33 billion acquisition of Anadarko, which sparked a rally in the energy sector as traders speculated on more deals.…

Read More Stocks are at an inflection point that could take the market to new highs

On April 8, the Global Development and Economy program at Brookings and IFC hosted an event to discuss impact investing, as well as findings from IFC’s report “Creating Impact: The Promise of Impact Investing.” Impact Investing: Achieving Financial Returns While Doing Good Transcript Good morning everybody and thank you for the opportunity to share with…

Read More Impact Investing: Achieving Financial Returns While Doing Good

American savers have lost $500 billion to $600 billion in interest payments on bank accounts and money market funds thanks to the Federal Reserve’s post financial crisis policies, according to Wells Fargo analyst Mike Mayo. Mayo included the statistic in a research note about the Congressional hearing scheduled for Wednesday called “Holding Megabanks Accountable: A…

Read More American savers lost an estimated $500 billion due to low interest rates since the financial crisis

Let’s face it: You’re never going to be as wealthy as Warren Buffett. He’s a one-of-a-kind success story that’s spawned countless imitators — none of which have come close to rivaling his generational dominance. But you can still use Buffett’s core investing techniques tenets to your advantage. And Credit Suisse is here to help you.…

Read More Credit Suisse studied 20 years of Warren Buffett’s acquisitions in order to replicate his approach — and it’s identified 12 stocks you should buy right now

It may be an earnings season to forget DataTrek Research’s Nicholas Colas believes the upcoming round of quarterly numbers will be the most contentious in about three years, and he’s worried they could spark the next stock market downturn. “Right now expectations are for a negative 3.9% comp from last year. That’s the worst comp…

Read More Wall Street will likely see worst earnings season in about three years, Nick Colas warns

The top-ranked wealth manager in the US says a few simple pointers can help millennials and other young investors avoid major mistakes as they decide what to do with their money. Jeff Erdmann of Merrill Lynch’s private banking and investment group has topped Forbes’ list of the best wealth managers in America for three years…

Read More America’s No. 1-ranked wealth manager for the ultrarich breaks down the 3 mistakes every millennial investor should avoid — and what they should do instead