In Ameriprise case, federal judge rules chief executive of the firm's mutual fund unit must hand over documents in lawsuit over retirement plan's use of proprietary funds.
Despite putting more money in mutual funds, advisers are working with fewer fund managers. This has meant declines for Pimco and BlackRock, while DFA and American Funds remain favorites.
Pimco continues to stand by its beleaguered co-founder, William H. Gross, following a report that the legendary bond manager threatened to resign after clashing with executives.
“Bond King” Bill Gross says fund has turned a corner, but investors keep moving money out.
The ex-wirehouse executive is throwing her weight and her money behind a revived mutual fund that invests in publicly traded companies that have greater numbers of women in management positions, saying values and returns can align when advisers invest in gender diversity.
Morningstar survey shows a quarter of advisers look to standard index benchmarks to evaluate 'liquid alts.'
On a major trading day, “passive” fund managers will be active traders as portfolios change.
Bond uncertainty lifts 'unconstrained' alts funds as Janus introduces second new offering in space this year
At a New York investing conference, the DoubleLine bond fund manager takes a bearish view on housing
HighTower debuts fee-for-service platform for independent wealth managers after signing its first client, an advisory firm with $19.9 billion under advisement.
