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Genworth CEO Tom McInerney has been selling assets so the insurer has enough liquidity after being hit by losses on its long-term care coverage,
October 24 -
Investors added more than $750 million to ETFs that buy emerging-market stocks and bonds last week, extending the longest winning streak in more than a year.
October 24 -
"There's going to be a lot more raw data that firms will have to collect," says Paul Soltis, global market manager for fund administration service provider Confluence.
October 24 -
Will RBC's Christopher Vollmer, the current No. 1 on the regional ranking, return to the newest list? Or will a new young professional take the top spot? Advisers now have more time to join this elite group.
October 21 -
Demand has increased as investors seek alternatives to more than $10 trillion of debt globally thats yielding less than zero.
October 21 -
Why one asset manager says the high alpha of an equity long/short hedge fund may outweigh the cost benefits of similarly structured mutual funds.
October 21 -
Performance fees in the second half are expected to be similar to the 1.2 million Swiss francs ($1.2 million) earned in the first six months of the year.
October 20 -
Money from brokers and independent advisers accounted for about 50% of the $225 billion Vanguard has brought in this year.
October 20 -
Investor interest in low-volatility strategies reached a fever pitch earlier this year, with $8 billion pouring into the most popular funds.
October 19 -
McNabb said investors pay an average of 12 cents per $100 for Vanguards mutual funds and ETFs and that in five years that number could fall below 10 cents.
October 19 -
Massachusetts Mutual Life Insurance, Pacific Life Insurance and TIAA are among companies that have been pursuing deals to diversify operations and gain market share from publicly traded rivals.
October 18 -
Assets under management increased 13.6% as the firm brought in money to both its active and passive funds.
October 18 -
The money, barely enough for dinner at the Thai restaurant downstairs from his office, was Fujino's payout from a 2009 fire sale of the asset management firm he built from scratch.
October 17 -
Upcoming data will give investors more indications about the potential rate path, including figures on retail sales, consumer sentiment and producer prices.
October 17 -
The editors of On Wall Street are now accepting nominations for the overall Top 40 Under 40 ranking, and Top Regional Advisers Under 40 ranking.
October 17 -
Many ETFs will avoid some aspects of sweeping new U.S. regulations meant to ensure that asset managers can easily meet investors redemption demands.
October 14 -
The challenges that asset managers face: rising regulatory costs and growing pressure on fees from cheaper competitors.
October 14 -
Will Morgan Stanley's John Perry, the current No. 1, return to the newest ranking? Or will a new young professional take the top spot? Here's a chance for advisers to join this elite group.
October 12 -
The firm's move comes after BlackRock intensified the price war in the industry by reducing expenses on 15 of its funds.
October 7 -
The metal's retreat has taken place against a backdrop of investor concern that the world's leading central banks.
October 7



