News Feed

Halloween offered a nice treat for the exchange-traded fund industry.

WASHINGTON — The Financial Stability Oversight Council will meet Nov. 13 to consider reform to money market mutual funds, the Treasury Department said Thursday.

President Obama said Friday he is asking the bipartisan leadership of the Senate and House of Representatives to come to the White House next week to begin negotiations to avert a set of tax increases and spending cuts that will automatically take effect in January if Congress fails to act.

A circuit court judge in Virginia dismissed a suit that charged BNY Mellon with overcharging the state’s pension fund for foreign exchange transactions. The dismissal came after the Virginia Retirement Systems announced a renewal of a services contract with BNY Mellon.

Another seemingly ho-hum Friday just got a lot more interesting in the mutual fund world.

Whitebox Advisors today unveiled its second alternative mutual fund to the retail market.

Aberdeen Asset Management has launched the Aberdeen Emerging Markets Debt Fund (AKFAX) in response to continued growing investor interest in the emerging market debt asset class.

One commodity fund has received the dreaded Negative rating from Morningstar.

Compliance is an issue every advisory firm has to deal with, but is your firm adequately prepared to execute effective compliance strategies?

Even if a deal is negotiated to avoid the so-called fiscal cliff, there are concerns on how the solution will affect clients’ portfolios.