As one investor, with $50 million in the well-known analyst's fund, asks for redemption, three execs depart from fund that launched in November 2013.
New report from Morningstar casts doubt on the relative cost advantages of popular exchange-traded funds. And there is, of course, the Vanguard effect.
Despite potentially lower costs and better outcomes for investors, broker-dealers are taking a cautious approach to a product that could slash their revenue.
As economic strength and Fed policy push the greenback to a 7-year high, market strategists see knock-on gains for other assets.
In a preliminary decision, the Securities and Exchange Commission has rejected applications for nontransparent ETFs from BlackRock, Inc. and Precidian Investments, determining that the proposals are not in the public interest.
Up to $13.6 billion in fresh equity expected to flow from listings, mergers and special distributions.
In a two-part tradeoff, John Hancock will acquire New York Life's Retirement Plan Services business, and New York Life will take on a block of John Hancock's life insurance business. One deals bolsters John Hancock's retirement reach and the other the other New York Life's insurance reserves.
Giving the Fed credit and blame for pushing markets past fundamentals.
Midweek <i>Breakfast with Benjamin:</i> If it isn't Bill Gross, it's something else. Plus: The Russia crisis is hitting some 401(k)s too; the bull market could be in jeopardy; who's going to calm the markets; cuts at Wells and giving finance a bad name.
<b>Game Changers: Dealing with Dementia</b> Cognitive decline doesn't just rob the elderly of their mental capacity. Advisers and their firms often are left adrift, forced to make crucial decisions affecting the financial affairs of elderly clients.
Fast-growing ETF money managers told marketing can help navigate shifting tides in asset flows.
Well-known RIA partners with BlackRock's iShares division to invest in companies exposed to potentially paradigm-shifting technologies.
Resist the temptation to increase risk for low savers, as every dollar becomes more important.
The gap will probably endure for years as job growth spurs demand for office, retail and apartment properties faster than Americans can buy new houses.
IRS will auction an annuity that was part of a contract Darryl Strawberry signed with the Mets nearly 30 years ago.
Monday's <i>Breakfast with Benjamin</i> features stocks poised to move higher in a holiday-shortened week. Plus: Lots of data in just a few days, OPEC plays a game of chicken, and using dividend stocks to make up for an under-funded retirement portfolio
American Realty Capital Properties Inc.'s former chief accounting officer alleges the ex-chairman ordered numbers to be changed.
Smart money should be focused on finding ways to help advisers first navigate the liquid alts world.
REIT czar resigns from RCAP, boards of 11 AR Capital affiliates. New chairman says change allows company to simplify governance, minimize 'perceived' conflicts and cut complexity. (And check out <a href="//www.investmentnews.com/gallery/20141223/FREE/122309998/PH"" target=""_blank"" rel="noopener noreferrer">the triumphs and trials of Nick Schorsch</a>.)
What are the investor benefits to transparency? Do most investors really care if they can actually see and examine their ETF holdings every day?
