With the S&P 500 up 80% since March 2009 and the specter of a correction looming, financial advisers are scrambling to keep clients calm and to make key adjustments to their portfolios.
Firm teams with Western Asset Management to launch actively managed fixed-income fund
State Street Global Advisors tabs former Goldman and Barclays executive to head its defined contribution business
Putnam Investments is planning to launch a mutual fund with a guarantee in the first quarter of next year.
The SEC's announcement last week that it is launching an investigation of the municipal bond market is aimed at increasing transparency and weeding out conflicts of interest.
It's now or never for financial advisers to get their voices heard as Congress fleshes out the final details of the financial services reform bill.
Count mutual funds and their investors among the big losers in the legal battle between the SEC and The Goldman Sachs Group Inc.'s broker-dealer unit.
A handful of big fund companies are revamping their target date offerings in hopes of limiting risk — and preventing another major blowup.