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The $180 billion asset manager is moving ahead with plans for actively-managed ETFs that disclose their holdings like mutual funds.
February 19 -
The asset manager was stuck at $700 billion in AUM for 18 months. Faced with a grim reality, Franklin made the obvious move: It got bigger in a hurry.
February 19 -
The nearly $4.5 billion deal is another case of consolidation in the industry, as firms grapple with falling fees and the rising challenge from managers of index-tracking funds.
February 18 -
The BlackRock fund recorded its largest one-day outflow in five years as the sector becomes a political lightening rod for Republicans and Democrats alike.
February 13 -
Although roughly 40% of the actively managed industry beat their indexes, the worst-performers eked out an average gain of just 1.07%.
February 12 -
It’s the best debut for any U.S. ETF this year, and a sign it’s not the only firm that sees potential in the sector.
February 12 -
The federal judge said he would have sentenced the firm’s former chief executive to a year but gave him “a discount” for his extensive philanthropy.
February 7 -
Geospatial data may assist the muni industry with monitoring the economic impact of wildfires or natural disasters, an expert says.
February 6 -
The firm is testing a new robot designed to execute corporate-bond trades directly with bots at dealer counterparties.
February 4 -
The green investing movement has totaled at least $30.7 trillion of funds held in sustainable or green investments in 2018, up 34% from 2016, data show.
January 30