After five years on the job, CEO Wiliam Galvin sets plan to step down, says company needs an investor to lead it and names CIO Art Steinmetz as replacement.
Calvert launches diversified green-bond fund, an actively managed intermediate-term fund that will invest across bond subcategories
One plan would let value of some money funds float, another would impose redemptions.
The bank that manages $1.5 trillion in client asset is starting a hedge-fund unit led by a trader who specializes in government bonds and related derivatives.
Tradeweb deal will combine technology and services from BondDesk and Tradeweb Retail to create a rebranded Tradeweb Direct retail fixed-income division.
Yields on U.S. government debt rose as the Federal Open Market Committee said it will “await more evidence that progress will be sustained"
Fidelity is adopting a popular hedge fund strategy as the basis for a planned mutual fund, embracing event-driven investing. But don't assume they're going full-bore into the alternatives world.
Here's the criteria advisers should consider when determining whether actively managed or index funds are right for their clients. Think investor objectives, fund liquidity, safety, guarantees.
From the upcoming Twitter Inc. IPO to the prospects for the United States becoming energy independent, Dan Veru, chief investment officer at Palisade Capital Management LLC, has an investment angle to share.
Dimensional Fund Advisors has had $16.7 billion of net new deposits through the first three quarters of this year, more than in any previous calendar year, as advisers warm to factor investing, the cornerstone of the firm's investment philosophy.
As stock prices flirt with record highs, mutual fund managers, hedge fund honchos and private equity chiefs are finding few bargains. So they're moving to cash. Is that a bad sign for the market?
The technology sector, for one, is an area not typically considered value.
Finra's fraud allegations cited as Tony Thompson is urged to resign his role with the REIT he runs. <b>Also: <a href="http://www.investmentnews.com/article/20130811/REG/308119973">Details on Finra's initial allegations.</b></a>
Investors poured a net $45.5 billion into stock mutual and exchange-traded funds during October.
Activist investor ups his stake in technology bellwether but tells CEO to buy back stock.
Interest in Europe, emerging markets is climbing, Aberdeen survey shows
A pair of funds that track hedge fund filings are performing better than the real McCoys. But what's going to happen when stocks take a dive? Jason Kephart has the story.
European Equities: Time for domestically focused firms
iShares, Schwab, FlexShares launch funds based on investment factors
For the first time in more than 20 years, the money manager is tinkering with the way it builds its equity portfolios. Jason Kephart has the details.
