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"BlackRock is potentially a very powerful partner for advisors," says Sean McDermott, Corporate Insight analyst.
August 27 -
Mutual fund giant Fidelity Investments is warning deflationary pressures in the U.S. are building.
August 27 -
BlackRock said it is acquiring digital wealth management firm FutureAdvisor, joining the ever more crowded ranks of robo advisors.
August 26 -
A wave of selling gripped global markets as the rout in all but the safest assets deepened.
August 24 -
Turbulence in financial markets gathered momentum amid intensifying concern over slowing global growth, pushing the Dow Jones Industrial Average into a correction and giving other stock gauges their worst losses since 2011.
August 24 -
With retirement savings plans directly in focus, the Labor Department is one step closer to implementing a new fiduciary standard whose scope heartens supporters and troubles critics.
August 19 -
Alibabas finance affiliate unveiled a wealth management app to help less well-heeled Chinese buy into hundreds of funds and track stocks from Hong Kong to the Nasdaq off their smartphones.
August 19 -
The biggest investors are increasingly using ETFs as a way to dabble in inefficient and opaque bond markets.
August 18 -
Asset managers took lead roles to vehemently oppose the DoL's fiduciary standard proposal. In the course of the Department's hearings, some representatives fared better than others under scrutiny.
August 17 -
Municipal bond sales in the U.S. are set to decrease in the next month while the amount of redemptions and maturing debt falls.
August 17 -
After riding a market boom to return almost six times the global industry average in the first five months of this year, Greater China-focused hedge funds had their worst month since September 2011.
August 14 -
A limited domestic market and a weak native currency have spurred a number of Canadian mutual fund providers to look to the U.S. retail market for growth opportunities.
August 13 -
Most mutual fund managers spread their money across many securities to curb risk, while a handful eschew traditional diversification and load up on a few holdings, convinced the rewards outweigh the dangers.
August 13 -
Critics: DoL fiduciary rule would harm investors; Advocates: Americans' "retirement savings are being depleted by conflicts of interest every day."
August 12 -
Pimco has overcome the departure of bond trader Bill Gross and a record period of outflows from its funds may be on the verge of ending, said Munich-based Allianz, the companys owner.
August 11 -
Concerns about over-regulation and accusations of industry cynicism led the opening of the Labor Department's hearings on its proposal to impose fiduciary requirements on retirement advisors.
August 11 -
The sudden closure of a TAMP spurred a competitor to seek a position to benefit from its demise, recognizing an opportunity to ramp up its growth plans, asset base and workforce.
August 10 -
Warnings of a liquidity crisis in the bond market are a myth created by Wall Street in hopes of repealing regulation, said Krishna Memani, the chief investment officer of OppenheimerFunds.
August 10 -
Investors yanked the most money in five weeks from municipal-bond mutual funds after Puerto Rico defaulted on debt.
August 7 -
Manulife Financial, Canadas largest insurer, posted earnings that met analysts expectations as gains in insurance and asset management were tempered by rising interest rates.
August 7






