Dai-ichi to buy up to 20% of struggling mutual fund company; 12 straight quarters of redemptions
Two prominent mutual fund companies are hard at work moving beyond the specialties that made them well-known in the first place.
Janus' lesser known bond funds played a big role in a Japanese life insurer's decision to buy a stake in the firm.
Fund firm plans to offer 17 active exchange-traded funds; weighed down by sagging interest in mutual funds
Dube failed to provide commission with documents on eight separate occasions, regulator claims; administrative hearing pending
Co-managers of ultra-concentrated fund put entire net worth on the line
But list from Commission does not show which companies actually took action; fuel to the fire?
TCW has doubled his mutual fund assets from 2009, when Jeffrey Gundlach's departure led to a number of client defections
Angry that ex-employer is trumpeting Lipper award for fund he used to run
Governors say central bank could cut money-fund firms off at the source; 'capital drain'
SEC chairman stands her ground in testimony before Congress; industry dubs reform 'deadly medicine'
'We are waiting direction from the chair,' says deputy director of Investment Management Division
Scottrade, Russell out of the pool; FocusShares failed to gain investors' focus
Nimbler exchange-traded fund outperforming flagship mutual fund by yards; 'difficult to beat the market when you are the market'
Knight Capital Group Inc. opened its books to potential buyers, including private-equity firms and at least one securities-industry rival, as it seeks an investment or takeover to survive after a $440 million trading loss.
A veteran regulator who has been instrumental on issues involving the investment advisory sector is leaving the Securities and Exchange Commission.
