Watch out, Vanguard. Capital Group wants the active investing crowd to up its game.
The group, which has about $1.2 trillion of investor and institutional assets under management (or roughly half of Vanguard’s global AUM) in its American Funds and other products, released a study on Monday highlighting how often its funds have beaten the S&P 500. It’s also beefing up its sales force in the hopes of stemming recent outflows and finding more ways to work with financial advisors.
According to Capital Group, the American Funds general sales force, which works with all types of financial advisors, will be expanded to 145 from 115 over the next six to eight months. The organization also has a separate group of institutional wholesalers, 10 of whom focus on the RIA channel.
“Recently, conversations about investing have become too narrowly focused,” said James F. Rothenberg, chairman of Capital Group, in a press release. “It has become apparent that there is only one voice out there, a voice contending that passive investing is more attractive. We need to challenge that assumption.”
Top Stock Picks 2015: (BANC)
First PacTrust Bancorp, Inc. operates as a bank holding company for Pacific Trust Bank and Beach Business Bank that provides retail banking services to individuals and small to mid-sized businesses. The company offers various deposit accounts, such as checking and savings accounts, money market deposits, certificate accounts, retirement accounts, interest bearing demand accounts, and certificates of deposits. Its loan portfolio comprises commercial and industrial loans, commercial real estate mortgage loans, multi-family mortgage loans, small business administration guaranteed business loans, construction loans, lease financing, single family 1-4 unit residential mortgage loans, home equity lines of credit, home equity loans, and other consumer loans. In addition, the company offers leasing and financing services, cash and treasury management services, card payment services, remote deposit services, ACH origination, and employer/employee retirement planning products. Furth er, it provides mobile, online, and telephone banking services; automated bill payment services; electronic statements; safe deposit boxes; and direct deposit and wire transfers. As of December 31, 2012, it operated 19 banking offices in San Diego, Los Angeles, Orange, and Riverside counties in California; and 24 single family mortgage loan production offices in California, Arizona, Oregon, and Washington. First PacTrust Bancorp, Inc. was founded in 1941 and is headquartered in Irvine, California.
Advisors' Opinion:- [By Markus Aarnio]
Banc of California (BANC) operates as a bank holding company for Pacific Trust Bank and Beach Business Bank that provides retail banking services to individuals and small to mid-sized businesses. Banc of California bottomed at $4.44 in December 2009 and is currently trading at $14.47 or 225.9% above the low made in December 2009. This performance is in line with the performance of the Financial Select Sector SPDR ETF.
- [By Tim Melvin]
He opened a position in shares of Banc of California (BANC) in the quarter. The company is the holding company for Pacific Trust Bank and Beach Business Bank in the San Diego area. The bank has 60 locations and more than $3.5 billion in assets, and it just completed the acquisition of three institutions — The Private Bank of California, The Palisades Group and CS Financial –� which increased total assets by almost $1 billion. The shares trade right at book value. Banc of California is well positioned to benefit from a strong recovery in California and may eventually become a buyout target itself.
5 Best Managed Healthcare Stocks To Own Right Now: Pike Electric Corp.(PIKE)
Pike Electric Corporation provides energy solutions for investor-owned, municipal, and co-operative utilities in the United States. The company?s services include siting, permitting, engineering, designing, planning, constructing, maintaining, and repairing power delivery systems, including renewable energy projects. Its planning and siting process leverages technology and the collection of environmental, cultural, land use, and scientific data to facilitate negotiations and permitting for powerlines, substations, pipelines, and renewable energy installations. The company also provides design, engineering, procurement and construction, owner engineer, project management, multi-entity coordination, grid integration, balance-of-plant, and thermal rate solutions for individual or turnkey powerline, substation, and renewable energy projects. In addition, it offers overhead and underground powerline construction, up gradation, and extension services for distribution networks a nd transmission lines with voltages up to 345kV, energized maintenance work for voltages up to 500kV; and substation construction and service. Further, Pike Electric Corporation provides a total energy solution platform, including preliminary studies, planning, siting and permitting, engineering and design, construction, procurement, and grid interconnection services. Additionally, it offers storm restoration services, which include the repair or reconstruction of parts of a distribution or sub-500 kV transmission network comprising substations, power lines, utility poles, or other components damaged during flash floods, hurricanes, tornadoes, and snow, ice, or wind storms, as well as other natural disasters. The company was founded in 1945 and is headquartered in Mount Airy, North Carolina.
Advisors' Opinion:- [By Damian Illia]
Finally, I always like to see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the return on equity. The ratio has decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness. Moreover, it is worse than those shown in the table like Aegion Corporation (AEGN), EnerNOC Inc. (ENOC), MYR GroupInc. (MYRG) and Pike Corporation (PIKE).
5 Best Managed Healthcare Stocks To Own Right Now: Guidewire Software Inc (GWRE)
Guidewire Software, Inc. (Guidewire), incorporated in 2001, is a provider of system software to the global property and casualty insurance industry. The Company�� solutions serve as the transactional systems-of-record for, and enable the functions of a property and casualty insurance carrier�� business, such as underwriting and policy administration, claims management and billing. Guidewire has developed a suite of configurable applications that are delivered through a Web-based interface and can be deployed either on-premise or in cloud environments. Its Guidewire InsuranceSuite includes Guidewire PolicyCenter, Guidewire ClaimCenter and Guidewire BillingCenter applications, which enable a range of property and casualty insurance operations. The Company derives its revenues from licensing software applications, providing maintenance support and providing professional services, principally consisting of implementation and training services. Guidewire�� license revenues are primarily generated through annual license fees. In May 2013, Guidewire Software Inc acquired Millbrook Inc.
Guidewire PolicyCenter
Guidewire PolicyCenter is the Company�� underwriting and policy administration application that serves as a system-of-record that supports the policy lifecycle, including product definition, underwriting, quoting, binding, issuances, endorsements, audits, cancellations and renewals. PolicyCenter integrates the underwriting process of evaluating risks and establishing the appropriate policy terms and pricing.
Guidewire ClaimCenter
Guidewire ClaimCenter is the Company�� claims management application for claim intake, assessment, settlement and processing of claim-related financial transactions. ClaimCenter provides property and casualty insurance carriers with the tools built within a business rules-based claims application.
Guidewire BillingCenter
Guidewire BillingCenter is its billing and receivables management a! pplication. It automates the billing lifecycle, enables the design of a range of billing and payment plans, manages agent commissions and integrates with external payment systems. BillingCenter handles direct and agency billing for all property and casualty insurance lines of business, and its dual-entry accounting core integrates with a property and casualty insurance carrier�� general ledger.
The Company competes with Accenture, Computer Sciences Corporation, MajescoMastek, Tata Consultancy Services Limited, AQS, Inc., OneShield, Inc., StoneRiver, Inc., Oracle Corporation, Pegasystems Inc. and SAP AG.
Advisors' Opinion:- [By Seth Jayson]
Guidewire Software (NYSE: GWRE ) reported earnings on May 28. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended April 30 (Q3), Guidewire Software beat expectations on revenues and beat expectations on earnings per share. - [By Wallace Witkowski]
Shares of Guidewire Software Inc. (GWRE) �rose 5.2% to $47.30 on moderate volume after the insurance software maker topped Wall Street estimates for the fiscal first quarter.
- [By Eric Volkman]
Guidewire Software (NYSE: GWRE ) results for the company's fiscal Q3 have been released. For the quarter, revenue was $68 million, an improvement over the $57 million it posted in the same period the previous year. The bottom line turned red, however, swinging to a loss of $2.7 million ($0.05 per diluted share) from Q3 2012's profit of $3.1 million ($0.05).�
5 Best Managed Healthcare Stocks To Own Right Now: Portlogic Systems Inc (PGSY)
Portlogic Systems Inc. (Portologic), incorporated on June 22, 2004, is a development-stage company. The Company is engaged in developing and licensing portal software products and related services. The Company operates six divisions, including m2Meet, m2Bank (Mobile to Bank), m2Market, m2Ticket, m2Kiosk and m2Workflow. The Company has developed a product that it licensed to its customers to enable them to operate their own online social networking portal without requiring any technical programming or Website design skills. The Company licenses portal software products and provide custom software programming services to customers who license its products. The Company�� portal software products are designed to enable customers to administer a ��ortal��that can be accessed online by other users. Each type of portal that it licenses to customers has a standard pre-programmed functional framework along with content and appearance customized according to the customer�� particular requirements. The Company�� customers retain ownership rights over any content that they provide to customize their portal. On June 18, 2012, Portlogic incorporated a wholly owned subsidiary, VOIP 1, Inc.
The Company hosts the portal software licensed to its customers on the Company�� own servers. The Company�� portal software products include an online administration interface which its customers can use to manage the functionality, appearance, and content of their portal, such as what users are able to see and do when they visit the portal. As a result, customers that license its software can operate their online portal using only a personal computer and Internet connection. They do not need to have any programming knowledge, additional software, hosting capabilities, or additional hardware.
The Company also offers, in exchange for additional licensing fees, plug-in products that can provide additional functions to the basic portal software licensed by the Company�� customers. The Company eithe! r owns the plug-ins or licenses them from third parties. The Company offers one fully developed portal software product. This product is an online social networking system marketed to entrepreneurs who wish to operate their own online social networking or dating business. The Company markets this product through one of its Websites, at www.internetdatingsoftware.com.
The m2Meet is a community networking software solution, being developed from its Web based source code. m2Bank is a financial transactions system that facilitates bill payments, money transfers, and account management. The m2Market is a mobile marketing solutions, including a Bluetooth push technology that is used to deliver marketing materials to mobile phones. The m2Ticket is a mobile ticketing sales engine, which manages the sale and delivery of tickets through mobile phones for the transportation and entertainment industry. The m2Kiosk is a line of standard and custom kiosks hardware and software which integrates with mobile phone applications in the marketing, financial, and ticketing industries. Its m2Workflow is a customer relations management (CRM) on mobile phones for service industries.
Advisors' Opinion:- [By Peter Graham]
On Monday, small cap marijuana stocks Alternative Energy Partners Inc (OTCBB: AEGY) and Medical Cannabis Payment Solutions (OTCMKTS: REFG) surged 117.86% and 17.95%, respectively, while tech stock Portlogic Systems Inc (OTCMKTS: PGSY) sank 20%. However, it appears that only one of these small cap stocks has been the subject of disclosed paid promotions or investor relation activities. So what will these three small caps do today and the rest of the week? Here is a quick look to help you decide on a trading or investing strategy:
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