Two prominent mutual fund companies are hard at work moving beyond the specialties that made them well-known in the first place.
CEO Daniel Goodwin doesn't rule out legal action against Retail Properties of America Inc., which Inland formerly controlled.
Janus' lesser known bond funds played a big role in a Japanese life insurer's decision to buy a stake in the firm.
Some people are suggesting that municipalities consider bankruptcy as a strategy in fixing financial problems rather than a last resort, but the long term damage to cities walking away from their debt could be serious.
While any fund dubbed “absolute return” is automatically setting the bar way too high, the Causeway Global Absolute Return Fund deserves some credit for making every effort to remove market beta, which theoretically would leave investors with alpha, or absolute returns.
Fund firm plans to offer 17 active exchange-traded funds; weighed down by sagging interest in mutual funds
Dube failed to provide commission with documents on eight separate occasions, regulator claims; administrative hearing pending
Co-managers of ultra-concentrated fund put entire net worth on the line
But list from Commission does not show which companies actually took action; fuel to the fire?
TCW has doubled his mutual fund assets from 2009, when Jeffrey Gundlach's departure led to a number of client defections
Angry that ex-employer is trumpeting Lipper award for fund he used to run
Governors say central bank could cut money-fund firms off at the source; 'capital drain'
SEC chairman stands her ground in testimony before Congress; industry dubs reform 'deadly medicine'
'We are waiting direction from the chair,' says deputy director of Investment Management Division
