CHICAGO — Pension consultants and third-party administrators want bundled providers, including industry giants such as Vanguard and Fidelity, to disclose their revenue-sharing arrangements with affiliated service providers, but the bundled providers are balking.
PHILADELPHIA — Even though he was aware that it would violate their contracts, Gary Black, chief executive of Janus Capital Group Inc., told the company’s portfolio managers last October that they would receive pay cuts, according to a lawsuit filed last month.
Leasing often represents the alternative to making an investment in a non-financial asset. In many cases when the asset is essential, such as with a car or home, we can perform a buy-versus-lease analysis to determine which approach to take. Here I examine leasing’s strengths and weaknesses, and evaluate its uses for the car or home.
PONTE VEDRA BEACH, Fla. — Thanks to the largesse of the FedEx Cup, the best retirement plan in sports just got better.
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
The tax-services giant reported a first-quarter net loss of $302.86 million, or $0.93 per share.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Investment companies will now be able to invest in the company’s ETFs beyond the limits of Section 12(d)-1.
The First Trust Dow Jones STOXX Select Dividend 30 Index was launched as an exchange traded fund.
Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.
