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.
Morningstar’s June Winners & Losers
More than 80 funds get new ratings, while one target date series is placed under review by the research firm.
Gary Shilling: Falling Oil Prices Could End the Stock Market Rally
The economist and money manager who correctly forecast the decades-long bond rally explains why lower oil prices are bad, not good, for stocks.
Top 10 Best Performing ESG Funds of 2017: Morningstar
Who says you have to sacrifice performance for sustainability? These 10 funds have returned more than 24% since last June, according to Morningstar.
Grantham’s GMO Dissolves International Stock Team as Assets Fall
A more quant-focused global equity team takes over strategies; GMO’s assets under management have fallen steeply in recent years.
What's Next for the DOL Fiduciary Rule?
A Morningstar regulatory specialist says changes to enforcement and even a delay in the full rollout date are possible.
4 Portfolio Models to Help Advisors Segment Clients
These models are examples of advisors acting as "buying agents" focused on the "best outcomes" for clients, says Fidelity's Sanjiv Mirchandani.
T. Rowe Price Launches Retirement Income 2020 Fund: Portfolio Products
Also, AssetMark adds a free tool for advisors to assess the value of their businesses, plus new ETFs from Goldman Sachs and U.S. Global.
SMA Manager of the Year Brendan Clark on Diversifying Your Methodology
“Obviously, we believe in diversification of asset class, but we take it one step further and even diversify our methodology," says Brendan Clark of Clark Capital