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Money managers prep for $1.5 trillion in corporate cash
INVESTING MUTUAL FUNDS AUG 17, 2018
Money managers prep for $1.5 trillion in corporate cash

Big players like Fidelity and BlackRock are creating new strategies for companies that are repatriating overseas funds.

Funerals are becoming one last extravagant display of wealth
NEWS INDUSTRY NEWS AUG 17, 2018
Funerals are becoming one last extravagant display of wealth

Rolls-Royce hearses and gospel choirs are among the features of high-end memorial services.

Pension plans are the new tax dodge for rich business owners
RETIREMENT RETIREMENT PLANNING AUG 16, 2018
Pension plans are the new tax dodge for rich business owners

Barred from 20% tax break, wealthy professionals have found a new way to avoid hefty tax bills.

Cerulli to take over MMI's data platform
YOUR PRACTICE FINTECH AUG 16, 2018
Cerulli to take over MMI's data platform

New effort will combine historical, current data.

Pensions are the new tax dodge, especially for rich business owners
RETIREMENT RETIREMENT PLANNING AUG 15, 2018
Pensions are the new tax dodge, especially for rich business owners

Barred from 20% tax break, wealthy professionals have found a new way to avoid hefty tax bills.

Bull run that has taken U.S. equities to record highs may be nearing peak
INVESTING EQUITIES AUG 14, 2018
Bull run that has taken U.S. equities to record highs may be nearing peak

Bank of America Merrill Lynch survey suggests bull run approaching peak, while survey respondents cite a trade war as biggest risk

SEC charges two firms in municipal bond 'flipping' scheme
INVESTING FIXED INCOME AUG 14, 2018
SEC charges two firms in municipal bond 'flipping' scheme

Agency says Core Performance Management and RMR Asset Management Co. misrepresented their identities to snap up newly issued bonds.

Wells Fargo loses $161 million team to Ameriprise
NEWS INDUSTRY NEWS AUG 14, 2018
Wells Fargo loses $161 million team to Ameriprise

John Burg and Tamara Colon of Temecula, Calif., join employee unit.

Hedge fund giant splits with Morgan Stanley on call on dollar peak
NEWS INDUSTRY NEWS AUG 13, 2018
Hedge fund giant splits with Morgan Stanley on call on dollar peak

Man Group strategist argues that the dollar's rally has further to go amid an escalating trade war.

Wells Fargo tests investor patience with latest scandal
NEWS WIREHOUSES AUG 13, 2018
Wells Fargo tests investor patience with latest scandal

The bank's stock had rallied in recent months after it announced a big increase in dividends and buybacks in June