As interest in socially responsible investing grows, research finds little performance penalty.
Program uses outside managers to screen to avoid certain companies or seek businesses that have shown success in environmental or social issues
Deal adds $1.5 billion in AUM to N.Y. Life, including $950 million in multi-strategy exchange-traded fund.
BlackRock's Laurence Fink just one CEO asked about what's going on in financial markets lately.
While a lifesaver for some clients, they remain a high-fee trap for many.
Indexing pioneer attracted more money from investors in the first 10 months of 2014 than it has in any full calendar year in its 39-year history, drawing some funds from Pimco outflows after Bill Gross' departure.
Returns in 2015 may be less than half of the 8.6% logged in 2014.
Pacific Life Insurance Co., the insurer where Pimco was started as a bond unit in 1971, is moving money from Bill Gross's old firm to Janus Capital Group, which the bond legend joined last month.
Bulls looking for signs that Friday's rally in stocks is the start of something bigger are taking signals from options and S&P 500 Index charts. And it's looking good.