Capital markets

A new research company from the rock frontman and TPG Investments will gauge the effectiveness of sustainable investments.

The appointment comes after an earlier announcement of broad leadership changes at the firm.

The pessimism is especially unusual given that the group’s asset flows haven’t moved opposite the market in more than a decade.

In a surprise move, Liz Nesvold sells investment bank Silver Lane Advisors to Raymond James Financial.

Current billing systems present a number of compliance oversight issues for larger financial institutions, says co-founder Alan Moore.

The division’s chief investment officer and head of multi-asset solutions will take over in the interim as co-heads.

The reduction, which includes 15% of senior management, is part of a larger effort to cut costs and automate more business.

Brexit, worries about trade wars and rising interest rates have prompted a selloff in developed country stocks.

It's unclear how automated investment platforms will perform during a major market downturn and what that could mean for advisors' bottom lines.

Money managers would be better off selling holdings at random, a study suggests.

Institutional withdrawals amounted to nearly $35 billion in the fourth quarter.

Nearly all of the outflows came from mutual funds and ETFs that posted losses.

A growing body of research is looking into whether the expanding influence of passively managed funds is making companies less willing to compete.

Many NEXT Financial reps would cash out their company shares while it boosts technology under a deal with Atria Wealth, the parties say.

The funds include a wide range of offerings from emerging markets to precious metals, multi-strategy and REITs.

The Janus Henderson Global Unconstrained Bond Fund has experienced 10 consecutive months of redemptions, underperforming 80% of peers.

Outside investors are ready to exit, CEO Joe Duran tells Financial Planning.

The firm’s new CEO Ronald O’Hanley is pushing to reduce expenses, automate more functions and simplify organizational structure.

It's the firm's largest headcount reduction since 2016.

Slower economic growth and increased market volatility have investors seeking large companies with healthy balance sheets.