Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
Index tweak forces ETF providers to get creative.
Complaint naming Jackie Wadsworth, CEO of IMS Securities, centers around sale of VAs and real estate securities.
First post-merger mutual fund already filed.
Plus: BlackRock applies more low-fee pressure, the fallout from the falling pound, and don't work where you don't belong
Robertson also says he won't vote for Trump and will pick the Libertarian party instead.
The eleventh sector of the index alters the dynamics of the financial sector.
Sales of nontraded REITs have fallen off a cliff as the brokerage industry struggles to adapt to new regulations.
Robert Citrone, the Tiger cub who now runs one of the best-known macro hedge funds, is sounding the warning bell for investors.
Hybrid strategy between active management and index funds needs to perform and be cheap.
Plus: Here comes the bear market for bonds, Vanguard leads the way in net inflows this year, and Obamacare continues to crumble
Adapting to regulatory changes has been a struggle, meaning the nontraded REIT industry's worst fears have come true.
He is the second top executive to leave the company this year.
Embracing the reality of where the money is headed.
Plus: Goldman lowers the odds of a September rate hike, oil's bad day, and taxes worthy of your hatred
Former CFO Brian S. Block is being charged with overstating financial performance at American Realty Capital Properties Inc., now known as Vereit. <b><i>(More: <a href="http://www.investmentnews.com/article/20150921/FEATURE/150919894/how-nick-schorsch-lost-his-mojo"_blank">How Nick Schorsch lost his mojo</a>)</i></b>
Plus: Investors can't get enough of muni bond ETFs, finding robust yields in fine wines, and a pampered perspective.
