Asset managers

Data reported by the Investment Company Institute.

The firm says it has moved away from the products after an implosion of a vast array of arcane bets against stock market volatility.

Cloud-based platforms may pose a disruptive threat to asset managers and custodians offering fixed-income products.

The proliferation of esoteric funds not easily understood by retail investors has created greater potential for damage.

The last time the industry’s largest ETF experienced redemptions close to this pace was before the financial crisis.

Credit Suisse said it will liquidate an ETP, effectively wiping out a fund whose market value topped $2 billion just three weeks ago.

Headcount dropped by 413 brokers year-over-year, but productivity per FA jumped by 29%.

U.S. Bancorp is reviewing whether it will remain a custodian after the fund went from buying Latin American real estate to cannabis producers.

The bank’s asset management business merged teams overseeing fundamental U.S. equity value and growth strategies.

ETF Managers Group accused the exchange of favoring interests in a competing product.

The increase comes after a 2% to 4% cut in 2016 when the firm reported its first revenue decline since 2009.

The firm wants to rid advisors, and their clients, of traditional paper checks.

Following the cryptocurrency's recent decline, a new fund will accept virtual coinage for investment in private companies.

The index rose more than 300 points, reaching its highest close ever.

Smart beta growth, fee wars and more attention to risk-management are key trends to watch, say six experts surveyed by Money Management Executive.

The combined businesses will boast approximately $3.9 billion in revenue.

The challenge for Tim Buckley isn’t just managing growth. It’s ensuring they can keep investors’ feet on the ground.

The new tax law is expected to drive more money into investment products and push stock and bond prices even higher, says CEO Laurence Fink.

Data reported by FUSE Research.

Portfolio managers from T. Rowe Price, Fidelity and Pimco are among those nominated for the awards.