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Federated Hermes sued over using own funds in its 401(k)
The company filled its retirement plan menu entirely with its own funds, some of which underperformed and had high fees, a plaintiff alleges.
SEC overhauls money-market fund rules to thwart rapid outflows
The regulator won't require 'swing pricing' for money funds after fierce pushback from the industry.
Federated Hermes to acquire C.W. Henderson
The Chicago-based specialist in municipal bonds manages $3.63 billion.
AllianceBernstein makes late push into ETFs
AB plans to launch active ETFs in the U.S. later this year, and it has recruited Noel Archard from State Street to head the effort.
Capital Group, Federated plant flags in ETF land
Traditional fund complexes are succumbing to the pressure to offer ETFs alongside more expensive mutual funds.
Federated enters ETF market with 2 active bond funds
The asset manager known mostly for its money market funds has high hopes for its late move into fast-growing exchange traded funds. The firm first filed plans to launch the fund 10 years ago.
