Roll-up's latest addition has $640 million in assets
An acquittal would undercut PNF credibility because of large fines requested.
Bulk of the outflow occurred at Allianz unit Pimco.
Move steps up competition among fintech startups.
Group will open office for firm in downtown Cincinnati, Ohio.
Passive mutual funds, ETFs and smart beta funds held $2.93 trillion in assets in Q4.
Buybacks are diverting cash companies should be using to make capital investments, GOP senator says.
ETF fees have fallen, but so far no providers have matched Fidelity's offer of free mutual funds
Purchase will allow Morgan advisers to court tech workers as they start to accumulate wealth
Letter cites proposal's 'weak and incomplete' economic analysis.
