The firm and its fund distributor will pay $40 million to settle claims in what the SEC says is 'first' in an ongoing series of investigations.
The upside of avoiding energy stocks and the pain of a strong dollar.
<i>Breakfast with Benjamin:</i> The financial sector has been a laggard and in fact hasn't been an early cycle winner since 2011. But the picture is getting brighter.
From movie posters and Hermes Birkin handbags to Apple 1 computers and Nobel Prize medals, these alternative investments score big.
The right strategy will help clients avoid penalties that can last a lifetime.
The benchmark equities gauge rose 0.1% to end Monday at 2,128.28, after briefly rising above its record closing level of 2,130.82 during the session.
Rising rates might hurt REITs initially, but they could benefit from a strengthening economy. <b><i>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150712/REITS2015" target="_blank">Our Focus on REITs special report</a>)</b></i>
Long-time investment manager led the firm to become world's largest mutual fund company at its peak.
<i>Breakfast with Benjamin:</i> Earnings season started out strong but weak numbers from bellwethers like Apple are slamming the brakes on the market's rally. Buckle up.
The myriad of options now available in the market makes choosing the right ETFs a challenge, particularly for complex portfolios.
It's not that there are fewer decreases in U.S. equities &mdash; it's that declines have gotten longer, averaging almost two days, and the rebounds are weakening.
The idea that one could profit from buying a stock as soon as possible after its addition to an index is announced, then selling it when it enters the index is tempting.
Past patterns show that Carl Icahn's worries about havoc in the market are not grounded in fact.
Agency claims private equity maven defrauded investors, breached fiduciary duty. She says action is illegal and she's out to save companies, jobs.
Legendary activist investor sounds the alarm while BlackRock CEO pushes back.
Liquidity, performance concerns and business conflict cause the expanding hedge-fund firm to take a more traditional approach to mutual funds.
Confusion remains over who ensures the contract purchase meets Treasury's guidelines.
The key is bringing liquid alts more in line with hedge fund strategies
Finra says Wells Fargo, Raymond James and LPL self-reported their failures to waive sales loads for Class A shares for retirement accounts and charities.
Memo cites concern over illiquid investments and elevated volatility in manager's Advantage Fund.
