May 5, 2016 – Not every ETF launch works. But a team effort and a compelling idea can make an ETF a success in an industry where a handful of dominant firms and smaller players compete aggressively for assets.
May 5, 2016 – MetLife, the largest U.S. life insurer, posted first-quarter profit that missed analysts’ estimates as investment income declined on a slump in hedge fund holdings.
May 3, 2016 – Low rates may prove a more enduring challenge than even MetLife Chief Executive Steve Kandarian’s fight against government regulation.
May 2, 2016 – Jon Xu, chief technology officer and co-founder of FutureAdvisor, says the financial industry has only begun to tap the data available to it.
May 2, 2016 – Gregory Nassour helps run almost $100 billion in U.S. bond mutual fund money -- but there's a reason you've never heard of him. He works at Vanguard and shuns the limelight.
Apr 28, 2016 – Robert Crowe, through his lawyers, is arguing the facts of his case should prevent the SEC from bringing charges of securities fraud against him.
Apr 28, 2016 – The shift to passive has caused much soul searching, not to mention cost cutting, at some of the world's biggest money managers.
Apr 27, 2016 – Net income also dropped to $319 million, or 79 cents a share, from $373 million, or 89 cents, a year earlier, the firm reports.
Apr 27, 2016 – Investors paid 61 cents for every $100 managed in 2015, down from 64 cents in 2014 and and 73 cents five years ago.
Apr 26, 2016 – Smart-beta styles underlie about one in five ETFs globally with an estimated $400 billion under management, and if they plunged, millions of investors would be burned.
Apr 26, 2016 – French serve as head of beta solutions, the money manager said in a statement.
Apr 25, 2016 – One retirement plan advisory firm's digital approach offers product providers a lesson on how to overcome the client education gap and reinvigorate the learning process.
Apr 25, 2016 – Mutual and hedge fund managers dodged the toughest provisions of newly proposed U.S. pay rules designed to discourage excessive risk-taking on Wall Street.
Apr 22, 2016 – The wealth management division of Morgan Stanley is developing a program with a focus on goal-based planning instead of budgeting and debt management.
Apr 22, 2016 – Fidelity needn’t settle for another me-too lineup of smart beta ETFs.