October 30, 2014 – The most recent update to the ICI's framework for Financial Intermediary Controls and Compliance Assessment Engagements (FICCA) contains several noteworthy improvements.
BlackRock Inc., the worlds biggest money manager, cut fees on certain share classes of three fixed- income funds as the departure of Bill Gross from Pimco is sending billions of dollars to competing firms.
A roundup of industry highlights in the asset management industry.
Janus Capital Group Inc., the firm that hired bond legend Bill Gross last month, is positioned to pick up client deposits as his move sets an enormous amount of money in motion, said Chief Executive Officer Richard M. Weil.
Janus Capital is making waves in 2014 as it tries to climb toward the top of the asset management industry mountain.Current Issue
Women can make the fund provider industry a better place to work said a trio of powerhouse exec-utives at Money Management Executive's Women Reshaping the Fund Provider Industry roundtable.
The ETF industry has witnessed a number of new active ETF product introductions. As of mid October, 44 of the 161 ETFs launched this year were active as tracked by First Bridge Data.
The nation's second largest mutual fund manager has a new leader, but the last name will remain the same.
The drive for boutique fund providers to outsource in order to streamline operations is largely motivated by the largest providers that make it difficult, if not impossible, for many new players to enter the industry and succeed over the long run.
A small but growing number of fund managers are finding that patenting an index strategy can have strategic and marketing advantages.
|On the target date; that's what it stands for||0%|
|20 years after the target date; retirees might run out of money otherwise||0%|
|Target-date funds should always maintain exposure to equities||100%|