BofA Merrill Lynch Fund Manager Survey Finds Concerns of Overvaluation in Both Equity and Bond Markets


Dateline City: NEW YORK Bonds Seen as Most Overvalued in Survey’s History Investors see growing overvaluations in both bonds and equities and have signaled concern about a valuation bubble forming, according to the BofA Merrill Lynch Fund Manager Survey for April. The proportion of global investors saying equity markets are overvalued Read more [...]

The Single Most Obnoxious Retirement Fund Fee: How To Dump It


Necessary investment fees drive me nuts. They basically take money out of your pocket and enrich a broker or middleman and eat into your returns. That's why I hate 12b-1 fees, which are hungry little gremlins that silently devour your retirement savings. Although you've probably never heard of these charges, they basically [...] Forbes - Personal Finance Read more [...]

BofA Merrill Lynch Fund Manager Survey Finds Investors Migrating out of U.S. Equities Amid Expectations of Fed Rate Hike


Dateline City: NEW YORK Preference for European Equities at Record High Global investors have significantly pared back U.S. equity allocations as belief grows that the U.S. Federal Reserve will raise rates in the second quarter, according to the BofA Merrill Lynch Fund Manager Survey for March. A net 19 percent of global Read more [...]

BofA Merrill Lynch Fund Manager Survey Finds Investors Exuberantly Bullish on Europe After Promise of ECB Action


Dateline City: NEW YORK Weakening Expectations in China Limit Impact on Global Growth Outlook Global investors are significantly more positive on the outlook for Europe after the European Central Bank’s announcement of quantitative easing to reflate the region’s economy, according to the BofA Merrill Lynch Fund Manager Survey for February. Read more [...]

Miley Cyrus and Rihanna Support MAC’s AIDS Fund


Coming together for a good cause, Miley Cyrus and Rihanna stepped out for MAC Cosmetics And The MAC AIDS Fund presentation of “It’s Not Over” on Tuesday (November 18). The “We Can’t Stop” baby looked fierce in a black crop top ensemble as she mingled with fellow guests, which included her new boy toy Patrick Schwarzenegger. Meanwhile, Rihanna looked uncharacteristically demure in a pink and white skirt suit as she posed on the red carpet. In related news, Miley scored an international Read more [...]

BofA Merrill Lynch Fund Manager Survey Finds Investors Fretting Over Monetary Policy as End of U.S. QE Looms


Dateline City: NEW YORK Risk Appetite Declines in Response Concerns over the imminent end of quantitative easing in the U.S. have left investors much less confident in the outlook for the global economy and corporate profitability, according to the BofA Merrill Lynch Fund Manager Survey for October. After a sharp fall of Read more [...]

Bank of America Charitable Gift Fund Enhancements Offer Donors Greater Efficiency and Flexibility


Dateline City: NEW YORK Personalization and Automation Within the Donor-advised Fund’s Online Portal Provide Superior User Experience; Donor-advised Fund Growth Reflects Strategic Giving Trends Bank of America today announced enhancements to its Charitable Gift Fund designed to help donors increase the efficiency and strategic impact of Read more [...]