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The fund, co-managed by Dan Ivascyn and Alfred Murata, returned an average of 8.5% annually over the last five years.
April 5 -
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Workers who withdraw from their 401(k) plan lose about 25% in compounded growth.
April 4 -
The Labor Department will now conduct a review with an eye toward amending or rescinding it.
April 4 -
Betterment's co-founder announces he is stepping down, while Wealthfront's ex-CEO joins the board at Acorns.
April 4 -
Michael Hughes is responsible for LoopUp's product development and platform operations worldwide, based in San Francisco. Prior to LoopUp, he was a founding member and CEO of Pagoo, a pioneering VoIP company. He played a key role in setting strategy, fundraising, building the early stage team and expanding into Europe and Asia. Prior to Pagoo, he was a strategy consultant with Monitor. He has an MEng from Imperial College, an MBA from Stanford as an Arjay Miller Scholar, and was awarded a Sainsbury Management Fellowship by the Royal Academy of Engineers. Michael was made a Member of the Order of the British Empire in Her Majesty’s 2017 New Year’s Honors List for services to graduate development via the Silicon Valley Internship Program.
April 4 -
Charles Banks pleaded guilty to wire fraud related to loan refinancing for sports merchandising venture Gameday Entertainment.
April 4 -
The firm’s chief received a nearly 60% raise in 2016, dwarfing the compensation of several rivals.
April 4








