Active Managers Get Cold Shoulder From Institutional Investors
By Michael S. FischerVanguard is the top passive manager, with others nipping at its heels, Cogent finds.
March 23, 2018
BofA Merrill to Pay $42M Over Secret Electronic-Trading Deals That Included Madoff SecuritiesFrom 2008 to 2013, the bank did not tell institutional clients it was routing 16 million equity orders to electronic liquidity providers.
March 23, 2018
Trump Threatens Spending Bill Veto, Raising Prospect of ShutdownPresident Donald Trump said he's considering a veto of the $1.3 trillion spending bill that won final passage by Congress Friday morning, reversing…
March 22, 2018
Washington State Launches Online Retirement MarketplaceRetirement Marketplace allows businesses and individuals to comparison shop for low-cost, state-verified retirement savings plans.
March 22, 2018
These Actively Managed Funds Tie Fees to PerformanceAllianceBernstein has just launched its FlexFee funds on multiple advisor platforms including Schwab, TD Ameritrade, Pershing, LPL, Merrill Lynch and Morgan Stanley.
March 22, 2018
Stocks Tumble After Trump Orders Tariffs on $50B Worth of Chinese GoodsThe Dow was down more than 700 points Thursday on fears that retaliation will spark a trade war.
March 22, 2018
Van Law to Step Down as Head of Raymond James' RIA GroupThe departure is 'surprising news,' recruiter Jon Henschen says.
March 22, 2018
US Portfolio Performance Surpassed European Peers in 2017Currency was a key factor in disparate performance, catching many investors unwary of risk, Natixis reports.