Mutual funds

It’s the second straight year that Cliff Asness’ quant firm is announcing layoffs.

In what was a stellar year for corporates, governments nearly missed the list entirely.

Average management fees will be cut 8% on an asset-weighted basis.

It’s easier — and more lucrative — for financial firms to pander to clients’ worst instincts than help subdue them.

The 82-year-old company’s strategy has helped secure net inflows in all but one of the five years through 2018.

Already, the fund has agreed to transactions involving German wind energy project developer PNE and Altice Europe’s Portuguese fiber assets.

Data reported by the Investment Company Institute.

As asset managers create younger wholesaling teams, they're also adapting models that leverage digitally savvy hybrid roles.

Failing to enroll in a health care plan and taking on a hefty student loan debt are just two of the most common blunders younger clients should avoid.

Despite the exodus, all of the mutual funds and ETFs on the list posted net gains for the year.