Since 2003, the lowest-cost mutual funds have taken the lion's share of assets as the benefits of low fees became widely recognized and advisors moved away from commission-based accounts.
Bill Nygren says Oakmark took small positions in two well-managed firms--Chesapeake and Apache--that could see significant upside when prices bounce back.
Amazon's third-party-selling business and investments for 'supernormal growth' were not well accounted for in the market valuation, says Oakmark manager Bill Nygren.
Although not as cheap as it was, the stock market's valuation today isn't much different than long-term historical averages and is more attractive than competing investments like bonds and cash, says Oakmark's Bill Nygren.
Utilities' sharp drop since January has created buying opportunities among some quality names with long dividend-growth histories, strong balance sheets, and attractive growth prospects.
The U.S. economy is bouncing back from first-quarter headwinds, but in the long run it can't grow more than about 1.5% per year, says David Kelly, chief global strategist for J.P. Morgan Funds.
Managers at the Morningstar Investment Conference paint a gloomy scenario for fixed income, reports Morningstar FundInvestor editor Russ Kinnel.
Liquidity is not as robust as it used to be, but the asset management industry has continued to grow, creating new issues for fixed-income investors, says Janus fixed-income CIO Gibson Smith.
Most couples are not on the same page when it comes to their finances or retirement plans, says Fidelity's Kristen Robinson Darcy.
Investors should watch the velocity of rate increases, keep Greece in perspective, and mind diversification in a world with very few good values.