Standard Life to Buy Aberdeen in $4.7B Stock Deal
Aberdeen’s largest shareholder will support the all-share deal, which creates a $811 billion asset manager.
Research Affiliates Launches Smart Beta Factor Valuation Tool: Portfolio Products
In other product news, Hartford Funds expands its socially responsible investing lineup.
Asset Managers Struggle With Outflows, Fee Compression
The growing popularity of passive funds and poor performance of some active managers are buffeting the industry, according to a quarterly update from Moody's.
Yellen Says March Hike ‘Likely Appropriate’ If Progress Persists
The March 10 jobs report is the "most significant data report" Fed policymakers will have to measure that progress when they meet in mid-March.
Pimco’s New Bond Chief Is Nailing It
His $75 billion fund eclipses one formerly run by Bill Gross; low-key Dan Ivascyn makes contrarian bets in a tumultuous year.
Dow Passes 21,000, Dollar Jumps as Rate Hike Looms
The major market index surged more than 300 points today and has gained more than 1,000 points since January 25.
Fidelity Cuts Trading Prices, and Schwab Follows
The two firms have emerged as the industry's lowest cost big brokers.
Trillions of Dollars at Stake When Trump Addresses Congress Tuesday Night
Money managers, traders and analysts will be listening for details about the pro-growth policy agenda that Trump has promised.
Gold Has Rallied to a 3 1/2-Month High; What Happens Next?
Geopolitics, Fed rate policy, the direction of the dollar and Trump's economic plans could play key roles in the direction of gold prices.
Wait for It: Buffett Set to Release Investor Letter
This weekend marks the expected release of the Oracle of Omaha's yearly message to market participants.