With Fidelity Investments telling U.S. clients who live outside the U.S. that they can no longer buy or trade mutual funds in their brokerage accounts as of Aug. 1, what other moves might lie ahead as mutual fund providers respond to global regulatory changes?
Pacific Investment Management Co. named Eric Mogelof to head its business in the Asia-Pacific region as the company reshapes its leadership following the departure of former Chief Executive Officer Mohamed El-Erian.
BlackRock Inc.s Laurence D. Fink, chief executive officer of the worlds biggest money manager, said the regulatory process for identifying systemic risks in the financial markets needs to be more transparent.
Smart beta ETFs are set to attract assets from both active managers and passive indexes, many providers and analysts say.
When new mutual funds and ETFs hit the market, effectively communicating the focus of these investment platforms can often prove critical to their success out of the gate.
While IT budgets at buy-side firms have not fully recovered from the cutbacks of the Great Recession, front-office demands keep growing in quantity, complexity and required speed of response.
Goldman Sachs Asset Management (GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management (DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013
Mutual fund families have traditionally left the topic of how to allocate certain fund expenses to management and fund officers.
Rob Goldman founded Goldman Small Cap Research (GSCR)--not affiliated with Goldman Sachs--in 2009. He has over 20 years of investment and research experience as a senior research analyst and as a portfolio and mutual fund manager.
Innovation is a constant in any industry, but sometimes in the fund business its mark is not always obvious.