Top Portfolio Products: Vanguard Tweaks Money Market Funds
Plus, Advent updates its Black Diamond wealth platform, and Lincoln enhances an annuity suite.
Flood of 401(k) Suits Expected if Tibble Prevails in Supreme Court
Oral arguments begin Tuesday in the first 401(k) excessive-fee case that the high court has agreed to hear.
ICI: Too-Big-to-Fail Label Would Hurt Mutual Fund Investors
BlackRock, Fidelity and other U.S. mutual fund companies are pushing back against claims that some firms may be too big to fail.
Islamic Pension Shift May Boost Investment Opportunities
Asset management industries in Asia and the Middle East may find a surprising boost to growth in the form of Islamic pension funds.
Why Do Active Fund Managers Closet Index? It's in Their Interest$
A new study seeks to locate active mutual fund managers’ incentives for closet indexing. One likely candidate: it will help their comp.
SEC Floats Two-Pronged Money Fund Reform Plan
SEC Chairwoman Mary Jo White said Wednesday that the two reforms could be adopted separately or combined into a single reform package.
How to Hold On for Commodities’ Wild Ride
A little-known commodities index sports long-term performance more than double that of either the Dow Jones-UBS or Goldman Sachs indexes.