The company failed to monitor plan fiduciaries' handling of investment and record-keeping fees, the judge wrote
Retirement plan sponsors might change their views on risk, especially for participants near retirement
The new fee structure addresses how the asset manager will handle conflicts of interest inherent in its arrangement with the Fed
How did the Treasury Department respond to market volatility caused by the coronavirus? What do the Lipper Awards say about ESG investing? InvestmentNews Chief Content Officer George Moriarty has the answers.
The regulator is allowing mutual funds to borrow from managers or other funds to meet redemption requests
How far did digital currencies fall in March? Why do advisers need to keep an eye on nontraded BDCs? InvestmentNews Chief Content Officer George Moriarty discusses these topics
How did the Treasury Department step in as the pandemic sparked volatility? What do the Lipper Awards say about ESG investing? InvestmentNews Chief Content Officer George Moriarty answers both questions
A bear market could lead to more hands-on investing, but advisers haven't had to beat the market in more than a decade
Asset manager consolidates two actively managed funds to better compete with index products
Funds for expansion come from new, existing investors
The gap between some funds' price and the value of their assets could lead to problems
Here's a look at how a basic portfolio of 60% stocks and 40% bonds performed following six major market events in recent decades
The company said that an employee and a trader both tested positive for the coronavirus
The plan temporarily permits the use of its exchange stabilization fund to guarantee money market funds
Why do small asset managers incorporating ESG criteria have trouble gathering assets? Which banking giant is pushing greenhouse gas emitters to clean up? George Moriarty looks at each of these.
The inflows into SPY came as the S&P 500 Index plunged amid fears about the economic fallout from the coronavirus
The high-yield debt market is pressured by the plunge in oil prices and the pandemic, the fund manager said
The company has been sued again over its use of its own products in its retirement plan
IBDs sold more than $22 billion of the high-commission product over the past decade
The scenario has become more likely now that the Fed has slashed rates to close to zero
