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Governance

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Gold Gives Bugs Best Half in 40 Years as Brexit Highlights Risks

Holdings in gold-backed ETFs rose 7.6 tons to 1,947.9 tons on Wednesday, the highest level since September 2013.

Fidelity Cuts Fees for 27 Index Funds in Bid for Passive Assets

The reductions will save current investors about $20 million annually, the firm says.

Brexit Shock May Have Silver Lining for Bruised Asian Investors

Asia’s equity markets were the first to suffer through a Brexit-fueled rout.

Blackstone Buys Stake in $13 Billion Distressed Fund Marathon

The investment "helps with institutionalizing our firm," said Andrew Rabinowitz, Marathon Asset Management's newly appointed president.

Inside the Debate on Retirement Plans

Executives from the Alternative and Direct Investment Securities Association discuss challenges the nontraded REIT industry faces in light of the DoL's newly introduced fiduciary rule.

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