Fear Keeping Investors’ Cash Levels High: Merrill Survey
Fund managers worried about a shock coming from bond markets or central banks.
If You’re an Asset Manager Embracing Change, the Future Is Bright: Cerulli
The traditional distribution model is changing and managers must find ways to stay relevant, according to Cerulli.
IndexIQ Lowers Fees for 3 Currency-Hedged ETFs: Portfolio Products
Also, OppenheimerFunds and Direxion add ETFs; Harvest and Foundation Source launch continuing ed programs.
Vanguard Proposes Fund-Advisor Changes
The proposals were sent to the SEC on the same day the firm announced that CIO Tim Buckley would become CEO in January.
Vanguard CEO McNabb to Step Down
Chief Investment Officer Tim Buckley, who joined the firm in '91 as an assistant to then Chairman John C. Bogle, will become CEO on Jan. 1.
LPL Names 20 Fund Families on New Fiduciary-Friendly Platform
Some familiar names make the list of no-load mutual funds that will be offered, with several notable exceptions.
Yellen Sees Inflation Key Uncertainty Amid Moderate Growth
But she said it was "premature" to say that inflation won't reach the Fed's 2% target over the next couple of years.
Are Stocks Overvalued or Poised for More Gains?
Outlooks differ widely among strategists, even as many global stock markets continue to trade near recent, often record, highs.
Fidelity Is Said to Dismiss Hundreds of Workers, Axios Reports
Fidelity declined to comment on the report by Axios, which was founded by former Politico veterans Jim VandeHei, CEO, and reporter Mike Allen.
Pimco's Ivascyn Says Trump Jr. Controversy Alters Market Outlook
Likelihood of U.S. reforms dims as distractions increase; the Fed’s path on rates looks gradual as growth prospects slow.