Asset Managers Bleed $50B as Active-Investing Crisis Deepens
Alliance, Franklin and Waddell had biggest quarterly redemptions; investor shift from active to passive funds accelerating.
Franklin Templeton Sued for Using Own Funds in 401(k) Plan
Franklin used its own funds in the plan when "better-performing and lower-cost funds were available," the lawsuit says.
Puerto Rico's Debt Deal Goes to Supreme Court
High court likely to rule by June in battle with bondholders.
In Volatile Times, Fund Managers Seek Risk-Averse Income: Morningstar Panel
Fund managers disclose where they are taking risks and finding returns with rising rates on the horizon.
The End of Mark Mobius’ Reign as King of Emerging-Market Stocks
The pioneering advocate for small, growing economies suffers a dry spell.
Top Portfolio Products: China Bond ETF From Global X
AssetMark adds donor-advised fund, while Franklin Templeton launches Social Security optimizer tool.
Investors Want Higher Yields but Fear Rising Rates: Survey
Franklin Templeton poll finds many fixed-income investors lack understanding of key bond dynamics.
Top Portfolio Products: NASDAQ OMX Adds Two ETF Listings
MainStay adopts three funds from Cushing, including two focused on MLPs; more
PIMCO’s Gross QE4 Warning: Here Be Inflationary Dragons
PIMCO bond guru Bill Gross leads the charge in expressing all the inflation fears that the Fed unleashed with its December QE4 announcement.
Top Portfolio Products: Franklin Templeton Takes Stake in K2 Fund of Hedge Funds
This week in portfolio product announcements, Franklin Templeton completed a majority stake acquisition in K2 Advisors, MFS added to its target date fund lineup and more.