Junk-bond fund posted $291 million of inflows during rout.
The fallout from Britain's shocking vote could last at least two years. Meanwhile, advisers told their clients to <a href="http://www.investmentnews.com/article/20160624/FREE/160629940/financial-advisers-reach-out-to-clients-as-stocks-plunge-in-brexit">keep calm and carry on</a> as stock markets tumbled, creating a buying opportunity.
Weighing the pros and cons of the new registered fund
<i>Breakfast with Benjamin</i> The commission is specifically looking at why some clients are in advisory accounts versus brokerage accounts.
Advisers and other professionals took to Twitter Friday to share their reactions and advice.
Uncovering value in unloved economies.
<i>Breakfast with Benjamin</i> As the Brexit vote approaches and markets face global uncertainties, the CBOE Market Volatility Index climbs above a symbolic threshold.
The insurer is trying to expand outside the affluent market with the purchase of a tech platform.
Plus: European activists hedge funds are nicer, Soros gets it all wrong, and crowdfunding for dummies
The average long-term government bond fund has soared 10.1% this year, according to Morningstar.
The firm hopes to make it easier for clients and advisers to understand sales charge reductions and waivers.
MetLife is the second major insurer to exit the brokerage business, in the sale of its adviser unit to MassMutual. Mergers may be on the rise due to the Labor Department's proposed fiduciary rule.
U.K. vote to leave the European Union after more than four decades of membership sends U.S. stock futures tumbling.
Plus: How well do you know your non-traditional bond fund, debunking dividend myths, and looking like a million bucks for less
The move would allow insurers to sidestep additional risk in distributing through independent agents.
Plus: Soros fights Brexit with scare tactics, what the Queen thinks about the Brexit vote, the smart-beta evolution, and alternative retirement lifestyles
New offerings for the younger market have made the life insurance industry ripe for disruption.
As of May, the exchange-traded fund industry has created 4,602 ETFs with 9,764 listings and assets of $2.996 billion from 247 providers on 63 exchanges.
The departures include top managers and the closure of some funds.
<i>Breakfast with Benjamin</i> Morningstar reshuffles the deck in the active-passive debate, expanding the framework to fold in strategic beta.
