BlackRock

The firms broke with Climate Action 100+, a group of money managers overseeing more than $33 trillion, during this proxy season.

Close to 80% of strategists cited competition from the mega-managers as their most significant challenge last year.

Just five asset managers hold about 80% of the new money added to the municipal-bond market this year.

Investors wary of an intensifying trade war have piled into the firm's bond products, boosting net flows to $151 billion, according to the company.

The asset management and software giants plan to start the rollout of their 401(k) tool and app later this year.

Despite an environment of, “Hey, go figure it out,” there are ways advisors can properly prepare clients, In|Vest attendees are told.

Regulators are asking cannabis fund providers to produce third-party legal opinions verifying they don’t violate state or federal laws.

The average expense ratio among the leading 20 is nearly 40 basis points cheaper than what investors paid on average last year.

Outstanding options riding the world’s most heavily traded government debt product are near the highest level this year.

An unprecedented 58 funds were closed in the six months through June, marking the industry’s worst-ever start to a year.

Defined-maturity funds offer traditional fixed-income interest payments.

Markets have been whipsawed by mounting concern over softer economic data and President Trump’s trade wars with major partners.

Bullion gains have intensified amid signs that the Fed and other central banks are turning more dovish on monetary policy.

They say banks have good policies but discourage use of them.

The firm says it will focus the new funds on tech, demographics, urbanization, climate change and emerging global wealth.

Under new leadership, the firm’s iShares unit intends to create funds that it says go beyond traditional sectors and geographic focuses.

Worries over weak U.S. data, the impact of President Trump’s multi-front trade war and the interest rate outlook has whipsawed investors in recent weeks.

Activist investors have taken large stakes in at least 100 of the products so far this year.

BlackRock will appoint an “independent fiduciary to vote” on proxies, according to a spokesman.

The SEC has just approved an ETF with negative fees — a sign that fund managers need to continue adjusting to their straitened circumstances.