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The Securities and Exchange Commission has charged the trustees, chief compliance officer and fund administrator of a pair of mutual fund trusts with causing untrue or misleading disclosures about the factors they considered when approving or renewing investment advisory contracts on behalf of shareholders.
May 2 -
There may be global institutions with no leaders. Or U.S-led institutions that are not global. But no global institutions with U.S. running the show any longer, said Ian Bremmer of the Eurasia Group.
May 2 -
Globally, exchange traded products are scooping up assets on a faster pace than in 2012, according to BlackRocks April 2013 ETP Landscape Report.
May 2 -
Finding something, anything, or any combination of investments that can generate an annual return of 5% on assets is a challaenge, as baby boomers retire at the rate of 10,000 per day.
May 2 -
We are seeing good cyclical improvement, Mary John Miller, Under Secretary for Domestic Finance in the U.S. Department of the Treasury. told the general membership meeting of the Investment Company Institute in its policy forum Wednesday. Now e need to tackle longer-term structural improvement.
May 1
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David Silver, who served as president of the Investment Company Institute from 1977 to 1991, has died.
May 1 -
Investors plunged back into bond funds with gusto for the week ended April 24, after two consecutive weeks of taking their foot off the petal, according to estimates from the Investment Company Institute.
May 1 -
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If the net asset value of a money market fund is forced to float, the ramifications on maintaining customer accounts are huge and could force them to move to other investments.
May 1 -
Sanford Bernstein, AllianceBersteins sell-side research arm, has a new head of sales. Rick Galiardo, joins the company in the role, which includes responsibility for the firms private label mutual fund sales.
May 1
