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International

News

Morningstar Announces Fund Manager of the Year Nominees

16 individuals or teams are nominated in the four-category list.

Asset Managers Face Stricter Rules for $77 Trillion Industry

The Financial Stability Board recommended that regulators bolster oversight of exchange-traded, mutual and other funds.

BlackRock Cuts Fees on ETFs as Price War Moves to Smart Beta

The reductions cover six of the firm's 17 multifactor offerings.

Barclays Severing Ties With Up to 7,000 Clients to Boost Returns

Since 2014, the bank has culled 17,000 clients as tougher capital rules make dealing with many smaller firms less profitable.

JPMorgan Draws IRS Whistle-Blower Complaint Over Pension Funds

The bank may be on the hook for hundreds of millions of dollars in tax penalties, lawyers say.

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