Investors exit as the manager sticks to his guns.
World's largest provider of exchange-traded funds is cutting prices across its core ETFs in anticipation of a new U.S. rule.
No more commissions for 18 BlackRock ETFs.
Plus: Warren Buffett thumps Donald Trump on taxes, Russia drives energy ETF rally, and Ken Bone and his famous red sweater
Exchange-traded products are allowing investors low-cost access to asset classes previously available only to institutional investors.
Moody's says the sector is both vulnerable and attractive to those seeking to disrupt the national grid
Asset manager cuts expenses on nine mutual funds, after a string of ETF fee cuts by Charles Schwab and BlackRock. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160628/FREE/160629906/fidelity-takes-on-vanguard-by-cutting-prices-on-index-funds-etfs"" target="”blank"" rel="noopener noreferrer">Fidelity takes on Vanguard by cutting prices</a>)</i></b>
A 24% gain since January and an 8% drop since July
Focus on the costs inside the life insurance policies of clients and prospects, where they need management and advisory services arguably even more so than in their investment portfolios.
Some financial advisers question the idea of having a bond-free portfolio
How to deal with clients when your smart beta ETF recommendation goes south.
Index tweak forces ETF providers to get creative.
Plus: The SEC's fuzzy enforcement rules, a fighting chance for active management, and the worst part of being rich
Complaint naming Jackie Wadsworth, CEO of IMS Securities, centers around sale of VAs and real estate securities.
Estimates of saving $1,000 per employee per year for practices with at least 25 workers is enticing some firms to take on additional risk.
At least 80.1% of the shares in the unit, Brighthouse Financial Inc., will be distributed to MetLife investors under the plan.
The yield on the bellwether 10-year Treasury note has jumped from 1.37% in early July to 1.70 Thursday.
The deal creates a global active management complex with $320 billion under management.
The German bank's riskiest bonds also declined after a media report said the German government wouldn't step in to back the lender, fueling investor concerns about its weakened finances.
