New service is a result of demand from Genworth advisers who are looking for help either to sell or expand their practices.
Takes majority stake in Yacktman Asset Management; start of a trend?
Legendary bond investor Dan Fuss says investors should swap market risk for company risk
Federated Investors Inc.'s pending acquisition of $5 billion in money market fund assets from Fifth Third Bancorp could be just the beginning of a spending spree.
Fifth Third Bancorp announced on Thursday that it is selling its money-market fund operations. Given that scale is crucial in a business currently crimped by low-interest rates and a regulatory clampdown, you can bet more regional banks will follow suit.
Will bring in its own team as replacement; another loss for giant fund firm
