Asset management

With the number of U.S. indexes far outstripping stocks, anxiety is mounting over whether the funds artificially inflate share prices, fueling bubbles.

CEO Manny Roman expects the move will help the firm cash in when the next economic downturn comes.

The new unit seeks to provide investors with fund-of-fund solutions.

It is not uncommon for asset managers to view these three functions as separate and distinct units with entirely different missions and goals.

Standout firms and individuals were awarded by NICSA their efforts in transforming industry operations.

Instead of the client’s grown children getting a preset amount at, say, age 25, the decision is strictly at the trustee's discretion.

Nuveen has pared allocations to non-U.S. developed market equities, while JPMorgan is dialing back global stocks positions in favor of U.S. shares.

Data reported by the Investment Company Institute.

The winners of this year’s NICSA NOVA awards highlight how disruptive technology and product development are reshaping the space.

Stellar U.S. economic data, hawkish monetary expectations and strong commodity prices have pushed 10-year and 30-year Treasurys to breakout range.

The mutual fund giant's head of wealth management technology says there's a way to improve how financial planning tools work together.

The firm is set to formally begin raising a new fund dedicated to this practice imminently, according to people familiar with the matter.

The BNY Mellon Womenomics Fund, which picks companies that hire and promote women, has beaten the benchmark Topix every year since its inception.

The S&P index of 18 asset management firms and custody banks is down nearly 11% this year, compared with a gain of more than 8% for the broad S&P 500.

The firm gathered nearly $1 billion since creating the industry’s first free index mutual funds in early August.

The expense ratios for these funds were closer to that of the average actively managed equity mutual fund.

While the industry scores relatively low in its digital capabilities, firms that invest in technology are growing nearly twice as fast as their peers.

A comprehensive sales-report system can help prioritize marketing efforts, and communicate information quickly and clearly to advisors.

The Fidelity Zero Total Market Index Fund attracted $753.5 million through Aug. 31, while the Fidelity Zero International Index Fund gathered $234.2 million, according to Fidelity’s website.

After two to three years into recovery from the region’s 2015-2016 downturn, one manager says there’s a rising chance of a shortened economic cycle.