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Asset managers already allocated $11 billion to developing new funds to comply with the requirement.
March 6
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Following criticism for its faulty 2016 election algorithms, the firm appointed a new research director to collaborate with its quants and money managers.
March 5
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While investors have been won over by the promise of better returns than plain-vanilla funds, issuers can justify charging more for the additional complexity.
March 1
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CEO Abigail Johnson's estimated net worth grew to $11.2 billion from $8.6 billion last year.
February 28
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The moves may push some shareholders to rebalance their positions, likely at a cost.
February 27
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Managers sold $24.6 billion of the loans in the region last year, the most since the financial crisis.
February 26
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The scrutiny puts a spotlight on a small corner of the $3.4 trillion ETF industry.
February 23
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So-called stable coins may be the “key to unlocking widespread adoption,” a virtual currency founder says.
February 21
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The company has been in conversations with ETF Securities and Global X, say people familiar with the matter.
February 20
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The firm had strong net inflows to its U.S. Income Fund as well as strategies including long duration and income.
February 16
