The Securities and Exchange Commission's appointment of Eileen Rominger, an 11-year veteran of Goldman Sachs Asset Management, as its new director of investment management, marks the first time in decades — if ever — that the agency has named an industry executive with no legal background to the position.
When the federal government starts weaning the economy off the various stimulus programs put in place after the financial crisis, one fund manager believes high-quality growth stocks once again will start leading the market.
Exchange traded funds seen as ideal for portfolio weighting and diversification; 'it's not a fad'
Mutual funds still dominate retail fund assets in broker-dealer wrap programs
RiverPark looking at launching actively managed exchange-traded funds; 'going to tread slowly'
Acquisition by company's subsidiary gives financial industry giant entrée into the market for active offerings
Brokerage firm's inaugural list of exchange-traded funds targets retail investors; 48 funds in all, 11 from Schwab.
With megabanks besieged by regulators and facing a public backlash over the 2008 credit crisis, portfolio managers increasingly are looking at smaller banks as a value play in the financial services sector
Guggenheim Partners LLC is in talks about combining its former Claymore Group Inc. exchange-traded-fund business with its Rydex SGI business, according to people familiar with the situation
Western & Southern Financial Group Inc.'s decision to base its variable annuity investment options on exchange-traded funds is a positive for the insurer, allowing it to better manage market risk tied to the products, according to Moody's Investors Service
Scott Page, who has managed the top-performing bank loan fund over the past five years, said that the debt is still attractive, even after a two-year rally
The three Transparent Value offerings based upon the Dow Jones RBP directional indexes include a U.S. large-cap aggressive index fund, a U.S. large-cap defensive index fund, and a U.S. large-cap market index fund
Guggenheim Partners LLC, an investment firm founded by the famous family for which it is named, announced today it is acquiring Security Benefit Corp. — and with it Rydex SGI.
Soviero tops among managers of diversified U.S. equity funds over the past ten years; big chunk of junk
Moving funds from CDs into checking accounts, money market deposit accounts; poised to get back in the market?
Lawyers cite risk of information overload; 'confusing' to participants
As part of the Pension Protection Act of 2006, the Labor Department granted plan sponsors a “safe harbor” to enroll participants automatically in a handful of investment products designated as qualified default investment alternatives
More detail? Less detail? Groups disagree about the DOL's plan to hike disclosure about the funds
