F-Squared Pays SEC $35M Fine to SEC for Misleading Performance Advertising
SEC says F-Squared's AlphaSector used back-tested performance data that mistakenly inflated results by 350%, not actual performance numbers.
New Hire Roundup: Gamble Named Managing Director at F-Squared
This week in new hires, F-Squared Investments named Paul Gamble managing director, and Sean Curry and Kimberly Palleon moved up at BMO Global Asset Management.
Genworth Wealth Adds 4 Strategists, 8 Strategies
“I call it the happy meal,” says Genworth Wealth Management President and CEO Gurinder Ahluwalia of the firm's simplified menu of portfolio strategies for indie advisors.
Top Portfolio Products: Russell Reconstitutes Indexes
New products introduced over the last week include a reconstitution of several Russell Indexes to be completed by Friday; a new fund from Fidelity; and a new inflation-neutral strategy from F-Squared.
How to Detect if Your Fund Manager Is a ‘Closet Indexer’
There’s a simple trick for advisors to figure out whether an actively managed mutual fund tracks its benchmark index too closely. Ever hear of R-squared?