Investments

The combined fund, expected to finalize later this year, will retain the Windsor name and continue to focus on large- and mid-cap value stocks.

Brokers and fund managers are turning to innovation to remain competitive and capture new customers.

Renewed friction between Washington and Beijing threatens to undermine a trade deal signed only months ago, further jeopardizing global economic prospects.

Citadel Securities is humming at record pace as the coronavirus upends finance, moving dozens of employees and their families to a work-from-resort bubble.

With marketing, reporting and the Junxure CRM, the acquisition brings much more than a robo advisor to the asset manager.

Even some of the industry’s cheapest products “may be overpriced” in that they’re “mirroring a passive index,” an expert says.

The central bank said it “will generally not purchase shares of an ETF that are trading at a premium” of 1% above its net asset value.

As the S&P 500 bottomed in late March, mom-and-pop darlings enjoyed weeks of inflows. Since then, the trend has shifted.

CEO Dan Arnold says the pandemic “will create some structural change across the market and the industry.”

“Concerns over the program's ability to pay promised benefits have been around for a long while, but they're heightened,” an expert says.

Many of the executives selected this year say the industry’s future may lie in its sudden change to a fully virtual business model.

Funds advised by Katie Koch, whose firm has about $1.8 trillion under supervision, are beating their benchmarks at an 80% rate in 2020.

It’s the latest example of how firms who spent the past decade battling low yields are now raising cash to seize on deep discounts from the coronavirus.