Subject Root Tag

As actively managed funds lose their luster, the mutual fund industry is working to capitalize on new trends.

The firm has embarked on an aggressive strategy to double the assets in its managed account group over the next five years and these two men are leading the way.

Section 165 has yet to happen but it should have the biggest impact.

Yields on money market funds have eroded since 2007, but the worst days may be over.

Clients should update their wills after births, deaths, marriages and — especially — divorces.

A practice management expert offers insight into the land of the semi-captive and dually registered advisor.

The precious metal plays the role of insurance: There when you need it and quiet when you don't.

The Bank of New York Mellon Corp., the country's sixth-largest bank with more than $1.3 trillion in assets under management, said late Wednesday that Robert Kelly has stepped down as chairman and chief executive officer due to differences with the bank’s directors regarding his management approach.

A Financial Industry Regulatory Authority arbitration panel has ordered Wedbush Securities and one of its former brokers to pay $2.9 million in damages and fees to an elderly investor who allegedly fell victim to a faulty investment scheme.

The Securities and Exchange Commission is seeking public comment on the use of derivatives by mutual funds over the next 60 days after publication in the Federal Register. If it determines that new regulations to protect investors are necessary, the SEC will consider passing and enforcing them.

The trade group representing clearing agents and exchanges in the futures market says that the Commodity Futures Trading Commission has underestimated the costs of potentially requiring broker-dealers and clearing firms to record phone and electronic communications and store records.

A bad day for financial engineers in Chicago continued Wednesday, when the Securities and Exchange Commission said the assets of a quantitative trading firm were frozen.

Over the next five business days through Sept. 6, the Dow Jones Golden Crossover Large-Cap Total Stock Market Index will decrease its equity allocation from 100% to 25%, moving that 75% allocation into the cash equivalent of short-term U.S. Treasury bills.

Fears of another recession could prompt corporate Treasurers and lenders to withhold financing, which in and of itself could raise the probability of less liquidity and further economic weakening.

BNY Mellon Asset Management tapped Christopher Sheldon as its new chief investment officer of The Dreyfus Corporation, the New York-based asset management and distribution firm overseeing more than $400 billion in mutual funds and separately managed accounts.

Morningstar has promoted William Harding to head of manager research for its investment management division, a new position in which Harding will develop best practices in investment manager research and selection.

A bad day for financial engineers in Chicago continued Wednesday, when the Securities and Exchange Commission said the assets of a quantitative trading firm were frozen.

BNY Mellon Asset Management has promoted Christopher Sheldon to chief investment officer of The Dreyfus Corp. Sheldon hails from BNY Mellon Wealth Management, where he was director of investment strategy and president of BNY Mellon Funds.

A closely watched index established by Dow Jones Indexes back in November 2010 began flashing red on Tuesday, a development that now has investors and their advisors reviewing the back-tested index’s history for signs of what’s to come and what investment strategies they should pursue next.