News Feed

The majority of advisors (53%) said they measure performance based on longer-term goals, while they feel clients are focused on the short term. Clients are also more pessimistic about the markets yet they feel their own portfolios will do relatively well.

UBS paid U.S. brokerage chief Robert McCann nearly 9.2 million Swiss francs ($9.9 million) overall last year, with the executive usurping investment banking head Carsten Kengeter as the Swiss bank's highest earner.

PIMCO’S Douglas M. Hodge, managing director and COO of PIMCO, on the debate around how much investment managers should incorporate social responsibility into their investing decisions on behalf of clients.

Retirement executives at Fidelity Investments today have a few billion reasons to smile. That’s because the plan provider has renewed its contract with Raytheon Company, a technology and defense company, through 2017. The two companies have a 20-year relationship that began in 1992.

Royal Bank of Canada has acquired Mesirow Financial’s correspondent clearing and custody business in a transaction aimed at boosting its own correspondent services and advisor services divisions.

If an industry-wide fiduciary standard is adopted, what might the practicalities of meeting that standard be? Citi’s financial services unit has some possible technology-based answers to this question.

Russell Investments has launched two exchange-traded funds focusing on high dividend yield investments in American companies.

Nearly 54% of mutual funds taking part in a Bonaire Software Solutions study on distributor rebate payments said that tracking and reconciliation is their biggest challenge.

ING has released a new mobile application that allows ING retirement plan participants to access and manage their retirement plan account information in transit.

PIMCO's Bill Gross decided to take the active management he used to make the firm's Total Return Fund the largest mutual fund extant and apply it, with some variation, to bonds that could be traded at any time in an exchange-traded fund.