Top Electric Utility Stocks For 2014

“Simply put, a fiduciary does the right thing. Sounds straightforward, right? As straightforward, perhaps, as investing in low-cost index funds. Shouldn’t everybody be doing it?”

Thus did Michael Zeuner, a founder and board member of The Institute for the Fiduciary Standard, begin the festivities at a Thursday luncheon in New York honoring John Bogle on the occasion of his new book, The Man in the Arena (Wiley), and for his career-long advocacy not just of index investing but of putting the investor first.

(Bogle's book was edited by Knut Rostad, the institute's president and a ThinkAdvisor contributor.)

Zeuner, managing partner of WE Family Offices, then listed the specific legal definitions of the fiduciary standard before summing up the standard as "doing the right thing," admitting that nevertheless the concept is “anathema” in the financial services industry.

“It’s far more profitable and lucrative to sell things and exploit the knowledge gap,” he said, between individual investors and “those who are paid to create and/or sell investment products.”

Best Insurance Companies To Watch For 2015: Malaysian Pacific Industries Bhd (MPI)

Malaysian Pacific Industries Berhad (MPI) is an investment holding company. The principal activities of MPI, through its subsidiaries are manufacturing, assembling, testing and sale of integrated circuits, semiconductor devices, electronic components and lead frames to customers globally. The Company�� operating geographical segments include Asia, The United States of America, and Europe. The Company's subsidiaries include Carsem (M) Sdn Bhd, Recams Sdn Bhd, Carsem Holdings Limited, Carsem Semiconductor (Suzhou) Co., Ltd, Dynacraft Industries Sdn Bhd, Carter Realty Sdn Bhd, Carter Realty Sdn Bhd and Carsem Holdings (HK) Limited. Advisors' Opinion:

• [By Sofia Horta e Costa]

  Michael Page International Plc (MPI) increased 1.1 percent to 490.2 pence after Goldman Sachs Group Inc. upgraded the stock to buy from neutral, saying the recruitment firm will benefit from a pick-up in the European economy.

Top Electric Utility Stocks For 2014: Hyundai Motor Co (HYMTF)

HYUNDAI MOTOR COMPANY is a Korea-based company principally engaged in the manufacture and distribution of automobiles and automobile parts. Along with its subsidiaries, the Company operates in three business divisions: vehicle division, financial division and other business division. Its vehicle division manufactures automobiles under the brand names of Genesis, Tucson, Equus, Veloster, Azera, Sonata, Elantra, Accent and others, and commercial vehicles, including trucks, buses, special vehicles and others, as well as provides automobile maintenance services and related components. Its financial division mainly provides automobile financing services and credit card services. Its other business division includes construction of railways and others. Advisors' Opinion:

• [By Live investor]

  Although Camry�� been the highest selling model in the U.S. in the past 12 year, competition is tightening as Ford (F), Nissan (NSANY), Honda (HMC), and Hyundai (HYMTF) are luring customers with their stylish offerings. Honda last redesigned its Accord in 2013, and this year it�� Hyundai, which unveiled the all new 2015 Sonata. What�� challenging for Toyota is that German luxury giant Mercedes-Benz has introduced cars within the $30,000 range that invades the territory of the Camry. Ford Fusion and Nissan Altima have earned positive response from buyer and critics as well. Credit goes to the car engineers who have paid great attention in designing the car, making it look stylish.

Top Electric Utility Stocks For 2014: Eaton Vance Senior Floating-Rate Trust (EFR)

Eaton Vance Senior Floating-Rate Trust (the Fund) is a closed-end management investment company. The Fund�� investment objective is to provide a high level of current income and preservation of capital by investing primarily in senior, secured floating rate loans (Senior Loans). Eaton Vance Senior Floating-Rate Trust invests in various industries, including healthcare, publishing, cable and satellite television, chemicals and plastics, and business equipment and services.

The Fund invests at least 80% of its total assets in Senior Loans. The Fund may also invest in second lien loans and high yield bonds. Eaton Vance Management serves as the investment advisor of the Fund.

Advisors' Opinion:

• [By John Dowdee]

  The following 10 funds satisfied all of these conditions:

  BlackRock Float Rate Strategies (FRA). This CEF sells at a discount of 3%, which is low compared to an average premium of 2% over the past year. The distribution has been managed at 6.1% and a small amount (less than 10%) has been return of capital (ROC). However, this has not negatively affected net asset value (NAV) so has not been destructive. The fund holds 447 securities, with 90% in floating rate loans. FRA utilizes 27% leverage and has an expense ratio of 1.7%, including interest payments. Eaton Vance Floating Rate (EFR). This CEF sells at a 1% premium, which is low compared to an average premium of 5% over the past year. The distribution is 6.2%, none of which was ROC. The fund holds 800 securities, with 90% in floating rate loans. About 85% of the securities are from U.S. companies. EFR utilizes 35% leverage and has an expense ratio of 1.8% including interest payments. ING Prime Rate Trust (PPR). This CEF sells for a premium of 2%, which is below the average premium of 5%. It has a distribution of 6.8%, none of which was ROC. The fund has 350 holdings, virtually all in senior loans and from US companies. PPR utilizes 29% leverage and has a high expense ratio of 2.1%, including interest payments. Invesco VK Dynamic Credit Opportunities (VTA). This CEF sells for a discount of 5%, which is below the average discount of 1%. It has a distribution of 7.1%, none of which was ROC. The fund has 495 holdings, with 76% in floating rate loans. About 25% of the loans are from non-US companies. VTA utilizes a relatively low 20% leverage but still has a high expense ratio of 2.1%, including interest payments. Invesco VK Senior Income (VVR). This CEF sells for a discount of 1%, which is below the average premium of 3%. It has a distribution of 7.1%, none of which was ROC. The fund has over 500 holdings, with 89% in floating rate loans. Almost all (95%) securities are from US companies. VVR ut

Top Electric Utility Stocks For 2014: Fibria Celulose SA (FIBR3)

Fibria Celulose SA, formerly Votorantim Celulose e Papel SA, is a Brazil-based company involved in the production and sale of short fiber pulp. The Company operates pulp manufacturing plants in Aracruz (Espirito Santo), Tres Lagoas (Mato Grosso do Sul), Jacarei (Sao Paulo) and Veracel (Bahia). Additionally, the Company is engaged in the cultivation of eucalyptus. It has plantations in the Brazilian states of Sao Paulo, Minas Gerais, Rio de Janeiro, Mato Grosso do Sul, Bahia and Espirito Santo. In 2011, the Company sold a business unit active in paper production. The Company has a number of subsidiaries in Brazil and abroad, including Normus Empreendimentos e Participacoes Ltda, Fibria Overseas Finance Ltd and Fibria Celulose (USA) Inc, among others. On October, 2013, the Company announced merger by incorporation of Normus Empreendimentos e Participacoes Ltda, a wholly-owned subsidiary of the Company, in order to simplify the corporate structure. Advisors' Opinion:

• [By Julia Leite]

  Fibria Celulose SA (FIBR3), the world�� largest pulp producer, climbed after settling a tax dispute with Brazil over profits at its foreign units. Iron-ore producer Vale SA (VALE5) gained before a report due this weekend forecast to show manufacturing is still expanding in China, the company�� main export market.

• [By Harry Suhartono]

  The Ibovespa dropped 1.8 percent as iron-ore producer Vale SA (VALE5), whose main export market is China, snapped a two-day gain. Pulp producer Fibria Celulose SA (FIBR3) retreated after posting quarterly earnings that trailed analysts��estimates. Brazil plans to sell dollar bonds due in 2025, creating a new benchmark security in international markets, and buy back notes maturing in as little as four years.