Finance

The industry is generally skeptical of automated advice platform growth projections, which PwC sets at $800 billion over the next five years.

The firm wants to adopt a new benchmark that would add specialty REITs to the mix.

The analytics provider claims to serve more than 2,000 clients, including 92% of the top asset managers.

Outperformance helps the sin industries be profitable, the Journal of Portfolio Management authors found.

Even though MiFID II doesn't go into effect until Jan. 3, executives have complained they still lack clarity about its rules.

Sept. 11: Managers have been told to prepare for spending more on research and trading services they get from banks.

The pension fund wants to outsource some or all of its $26.2 billion in private equity investments with the money manager, people close to the matter said.

Once the world’s largest, the mutual fund got its first monthly inflow in more than four years.

If retirement is abstract to clients, ask specific questions to make it more real to them, such as: “Where will you be living? What does your house look like? What are you doing?"

Clients are wary about investing in companies that might never develop a product beyond the R&D stage, says ROBO Global’s CEO.

Sept. 4: As managers acquaint themselves with the AI and automation industries, one firm has been deeply invested in the burgeoning field.

Those recognized for their excellence in innovation and leadership across the asset management industry includes State Street CEO Jay Hooley.

USAA Capital held over $513 million in market value of the Wall Street giant’s large-cap, emerging market and international ActiveBeta funds.

Some firms are hiring more analysts and salesmen in hopes for a windfall from the rules.

A cornerstone of what drives American capitalism, the number of IPOs has plunged even as the stock market, and tech stocks in particular, have been hitting new highs.

In addition to launching new smart beta funds, the firm may look to expand into “a whole host of different asset classes,” according to one executive.

The real concern is not just that actively managed funds could disappear but that the entire market could be left for dead.

The new European Union rules were discussed on 50 earnings calls since BlackRock reported results on July 17, up from 17 mentions in May and June.

Jeffrey Sherman’s bond fund returned 14% on average over the last three years, besting 99% of all large-cap value funds tracked by Bloomberg.