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Execs at Morningstar Conference See the Silver Lining of Digital Disruption

– One inevitable change caused by low-cost, online competition is how advisors will structure their compensation, said Brian Leitner, senior vice president of practice management at Mariner Wealth Advisors.

CSOP Cuts China ETF Fee, Plans New Funds Following Stock Rout

Shelby Questions Role of FSB in U.S. Bank Policy

WisdomTree Looks to Fed to Boost Dollar-Hedged ETFs as Flows Ebb

For UBS, No End Soon to Puerto Rico Fund Fallout



Pimco's Total Return Reports $27.5 Billion of Withdrawals

The Pimco Total Return Fund suffered an estimated $27.5 billion of withdrawals in its first full month after the Sept. 26 departure of Bill Gross, its worst month ever for redemptions.

BlackRock Says ETFs Aided Bond Market Stability After Gross Exit

BlackRock, the world’s largest provider of ETFs, said the products acted as “shock absorbers” after Bill Gross’s unexpected exit last month from Pimco.

Pimco Is Replaced by BlackRock at $6.16 Billion Prudential Fund

Pimco seeking to stem redemptions after its co-founder Bill Gross left unexpectedly, was dropped as manager of a $6.16 billion strategy offered by a unit of Prudential Financial.