But the fact that lots of money flowed into a fund with a terrible record doesn't necessarily mean that everyone who invested during that period suffered.
The claimants alleged the Connecticut investment bank negligently supervised its broker.
President Trump's decision to halt the DOL fiduciary rule drew mixed reactions from industry professionals.
Divorce distribution and management fees
Offers guarantee on services.
A number of factors — DOL fiduciary, low interest rates and longevity — are coming together in favor of annuities if certain impediments are eliminated.
While some call the annuities 'odious' due to complexity, others believe they're more straightforward than other annuity products.
On Jackie Hunt's watch, home of what was once the world's largest bond firm reported its first net inflows since 2013, ending a painful period that culminated in the departure of star co-founder Bill Gross.
Insurers are speeding up their closures of L-share products as regulators crack down, but are quickly introducing new fee-based contracts.
Schwab and Vanguard at opposite ends of robos' performance spectrum, advisory firm's report finds.
For income portfolios, panelists at the Inside ETFs conference suggest wide diversification among dividend-paying stocks, corporate bonds and international debt.
Former bond king doubts Trump-led economy will register a long-term growth rate above 2%. (More: <a href="http://www.investmentnews.com/article/20161215/FREE/161219961/charts-say-bond-bull-market-has-gasped-its-last-breath" target=”blank">Charts say bond bull market has gasped its last breath</a> )
In a recent letter, the Labor Department said target date funds using annuities may be a prudent default investment option for employers.
Participants at the Inside ETFs conference in Hollywood, Fla., said smart beta could provide new opportunities for some funds
In his annual letter to CEOs, he said BlackRock will keep a close eye on how companies are responding to the growing backlash against the impact of globalization and technological change.
And passive once again clobbers active.
While most of the money went into index funds, $50 billion flowed into active funds that buy bonds or a mix of stocks and bonds.
