Michael McDonald

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Top Stock Pickers Crush S&P While Failing To Stem Outflows

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Investors keep gravitating toward index-tracking funds.

Grantham’s Bear Market Call Tests Patience Of GMO Fund Investors

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Jeremy Grantham’s GMO is paying the price for yet another contrarian call by its co-founder.

TIAA CEO Ferguson, A Potential Biden Appointee, Plans To Retire

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Roger Ferguson has been mentioned as a possible candidate to become Treasury secretary in the Biden administration.

Harvard Posts $10 Million Loss With More Financial Strife Ahead

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The school may be facing two straight years of financial losses for the first time since the 1930s.

Fidelity Investments To Hire 4,000 People In Next Six Months

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The firm said the additions will be in areas including financial advisors and customer service agents.

Bill Gross Says Investors Should Play Defense As Stimulus Ebbs

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Gross favors value stocks that pay healthy dividends.

Fidelity Launches Inaugural Bitcoin Fund For Wealthy Investors

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Fidelity adds its establishment name and star power to the fledgling and controversial cryptocurrency asset class.

Fidelity Assets Under Management Reach Record $3.3 Trillion

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Fidelity's AUM had increased by 15% year-over-year as of June 30.

Gundlach Says Trump Will Win, Gold Should Head Higher

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The DoubleLine Capital CEO believes the polls don

Seth Klarman Says Fed Is Infantilizing Investors In 'Surreal' Market

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The Baupost hedge fund manager says market conditions are unsupported by economic data.

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