New Hire Roundup: Morningstar Shuffles Leadership
Meanwhile, the SEC has appointed a new equity market structure committee, which includes FINRA CEO Richard Ketchum.
Gross’s New Janus Fund Got $700M From His Advisor’s Brokerage
Bill Gross may be getting the ultimate vote of confidence from none other than Bill Gross.
Gross ‘Is Our Peyton Manning’: Janus Exec
The fund firm has its eyes on making a touchdown with its first ETF.
Fixed Annuity Sales Dip in Q3: IRI
Fixed annuity sales cooled in Q3 from a five-year high while variable annuity total sales remained stable, according to IRI's Q3 2014 Annuity Sales Report.
Jack Bogle: Investing Outside U.S. Not Worth the Risk
Also, Bogle says role of advisors should be to keep clients from making bad investment choices.
Fall of the Bond King: Gross Lost an Empire as PIMCO Cracked
Interviews with 25 current and former PIMCO employees paint a complex picture of the events that led to Gross’s departure.
Boomer Demand for Annuities to Stay High Despite Low Rates
Three-quarters of advisors say most clients want guaranteed retirement income, IRI report shows.
BlackRock’s Rieder Fund Snags PIMCO Assets
Rieder, who runs the $4.1 billion fund, has delivered 7% over the past year, making it the top bond fund.
Orion Integrates Data Aggregator Quovo as T3 Tech Conference Kicks Off
The deal will bring aggregated data from thousands of financial institutions to a leading portfolio trading and rebalancing system.
Gross Exit Prompts $27.5 Billion in Withdrawals From PIMCO Total Return
But redemptions "slowed sharply" after the first five trading days of October, PIMCO said.