Madison Avenue Securities didn't disclose or didn't adequately disclose conflicts associated with compensation the firm received from certain advisory client investments.
Different methodologies and ratings scales can cast the same security in a slightly different light.
Lawyers are concerned about what they consider vague demands for more disclosure.
Stefan Hoops, head of the German lender’s corporate bank, will assume the top role at DWS from June 10.
A Financial Planning Association survey finds rising rates of advisers planning to increase and decrease ESG use this year.
Marc Korsch, who was booted from the securities industry last year, has a staggering 33 disclosure items on his BrokerCheck report.
The deal for Bank of New York Mellon's European credit and debt subsidiary expands Franklin Templeton's access to alternative investments.
‘No compelling evidence’ of ESG’s impact on cost of capital, says Jim Whittington of Dimensional Fund Advisors.
DWS has faced regulatory probes in the US and Germany after its former chief sustainability officer, Desiree Fixler, went public with greenwashing allegations last year.
Fitch Ratings noted that the rating affirmation reflected Advisor Group's "improving scale as one of the largest independent financial advisers in the U.S."
Increases are one and four basis points; cuts are two basis points. The changes were made to funds with fiscal years ending January 2022.
The company will rename the product line with the funds switching to underlying investments in Putnam ETFs that follow ESG criteria.
Eric Satz, founder and CEO of Alto, says investors need to add alternatives to their retirement accounts, especially in the wake of the market’s carnage.
Russia funds yielding between 300% and 3,000% represent the ultimate value trap. A better bet would be funds offering much lower yields.
The agency’s goal is to give investors more and better information so that they can determine whether companies and investment funds are living up to their ESG promises, the SEC chief said.
The agency proposed a set of rule changes related to fund names and ESG disclosures made by advisers and investment providers.
The minutes confirmed support by most officials to continue such increases over at least their next two gatherings.
Only 40% of hedge funds globally made money in the first quarter, compared with 61% in the previous three months.
As digital assets sell off, some crypto industry leaders are realizing that government rules aren't such an evil thing after all.
There is a struggle to define ESG, and opponents are using that to their advantage.
