The bank's strategists raised their recommendation on the banking and insurance sector to overweight
Plan fiduciaries could have to prove that nonfinancial factors of ESG funds are in the best interest of workers, one lawyer said
The changes modernize private market rules and make it easier for small companies to obtain financing, according to SEC Chairman Jay Clayton
Pennsylvania Real Estate Investment Trust and CBL & Associates Properties cited pandemic-induced pressures on their tenants and, in turn, themselves
Both small-cap shares and value strategies have taken a beating this year as the coronavirus sparked an economic crisis
Concerns about the renewed rise in coronavirus cases has shifted safe-haven buying to the dollar
The key is targeting exposure with active management and subsectors
The S&P 500, the Dow and Nasdaq all off more than 3%
Agency also seeks comments on whether additional rules are needed to protect investors buying complex products
The company's CIO didn't rule out the possibility, but said it looks increasingly unlikely, while speaking at the Schwab Impact conference on Wednesday
VA sales drop 10% in Q3, while fixed annuity sales increase 11%
The measure would build on the SECURE Act, but its legislative path is uncertain
Under the rule change, only managers with at least $3.5 billion in equities would have had to publicly report their holdings, up from the current $100 million threshold
Peter Zaffino, currently the company's president, will succeed current CEO Brian Duperreault March 1
Stocks pared their losses during the afternoon as the biggest tech companies recovered
Bondholders are getting back just a few cents on the dollar as a result of weakened covenants, explosion in corporate debt
The industry is overly dependent on the markets for revenue growth, according to an InvestmentNews pricing study
The European Union's first social bond was vastly oversubscribed, suggesting the market for such securities is underserved
It is arguably a scary time to be a retirement plan sponsor, and many might forgo liability coverage
Some managers are exploring other investments, ranging from options to currencies, to provide the protection that traditionally came from Treasuries
