David Winters says passive investors are rubber-stamping compensation packages.
They say rule didn't go far enough and more stringent measures may be necessary.
Learn more about ClearBridge's outlook and valuation approach to growth
Cboe temporarily halts trading twice to calm market, as initial volume exceeds dealers' expectations.
Citigroup, JPMorgan Chase predict average interest rates across advanced economies will climb to at least 1 percent in 2018.
With $18 billion in assets, FS Investments and KKR will have the largest BDC on the market.
Several factors, including consolidation in the independent advice industry and PE's own growing mountain of cash, are fueling the zeal to invest.
Regulators question why investors would pay more for additional liquidity on a long-term product.
The "income, diversify and interest rate" pitch was never the main draw for brokers.
Ladenburg Thalmann subsidiary agrees to pay restitution of almost $250,000 for overcharges.
Conservative bond portfolio will return only about 3% annually over the next decade, making it hard for pensions to meet their targets.
Firm is back in hot water for poor supervision of VA sales, among other violations
Advisers should understand each product's unique advantages and drawbacks.
Firm censured, agrees to provide remediation to clients affected.
IMS was the wholesaler in charge of selling United Development Funding IV, which is under investigation by the FBI.
Adviser interest in ESG expands along with investment options.
Growth in the environmental, social and governance niche is tremendous. New research illuminates the causes and why advisers should care.
He sees strong economic growth continuing into next year, supporting companies with accelerated revenue, earnings and cash flow.
Technology is making it easier, and cheaper, for advisers to trade many shares without holding funds.
Under a draft proposal being considered by insurance commissioners, agents would be required to put "the interests of the consumer first and foremost."
