TIPS for the Long Run?

By Kerry Pechter
Whether you'd prefer the new Dimensional Target Date Retirement Income Funds over one of the "big three" TDFs might depend on whether you share Robert Merton and Zvi Bodie's belief that stocks aren't necessarily safe in the long run. (Photo: Merton explaining the Black-Scholes-Merton options pricing model in 1977.)

Wisdom from Advisors to the ‘One Percent’

By Kerry Pechter
To satisfy super-rich clients, be as inventive as Ray Croc when he invented the 15-cent hamburger, advisors at UBS, Merrill Lynch and Manchester Capital Management told members of the Money Management Institute last week in New York.

‘De-Risky’ Business

By Kerry Pechter
Prudential has dominated the burgeoning market in jumbo pension buyouts. In the week following Prudential deals with JC Penney and Philips Electronics, RIJ spoke with Peggy McDonald (above), an actuary and a leader in the insurer's pension risk transfer team.
Featured

Social Security Spousal Benefits Still Unfair

By Eugene Steuerle
The recent closure of the "file and suspend" loophole as a Social Security claiming strategy doesn't make spousal and survivor benefits under the program any less unfair, writes this Urban Institute scholar and former deputy assistant secretary of the Treasury.
News

Third quarter for S&P500 was worst in four years: fi360

By Editorial Staff
The S&P 500 had a return of minus 6.44% in the quarter and is minus 5.29% year-to-date. That was better than global equity performance, as the MSCI All Country World ex-US returned minus 12.1% in the quarter and is minus 8.28% year-to-date.

Spike in cash takeovers could be bad omen: TrimTabs

By Editorial Staff
“Merger activity tends to swell around market tops as confident corporate leaders turn to deal-making to boost earnings and revenue late in the economic cycle,” said David Santschi, CEO of TrimTabs, a Sausalito, CA research firm.