Index investing giant has challenged the marketing of smart beta funds. Now it's turning to someone whose research has helped those funds grow.
Closet indexing, market timing are among the risks in long-short equity: analysts.
Northbrook, Ill.-based Relative Value Partners brings to 35 the number of affiliates of the deep-pocketed firm led by CEO Rudy Adolf.
The regulator is fighting a decision by its administrative judge to dismiss charges accusing two financial advisers of <a href="http://www.investmentnews.com/article/20140902/FREE/140909990/sec-charges-investment-adviser-with-fraud-for-not-telling-clients-of" target="_blank">not informing clients</a> they were paid by Fidelity Investments to sell certain mutual funds.
Investors stick with $22.6 billion fund as famed manager calls reason for negative returns temporary phenomenon.
Digital investment platforms with human advisers bring in account balances 10 times higher on average than regular robo-advisers.
A 68-year-old widower claims wirehouse did insufficient due diligence on the troubled money manager.
Diametrically opposed firms find common ground on importance of manager selection, differ on value of hedge funds.
Not having access to the market has been protecting mutual-fund investors from fast declines.
Thomas M. Rampulla's return to the U.S. comes after the firm recast itself as a patron of an industry that once saw it as a threat.
