In the Margins
BlackRock has agreed to buy an $87 billion money market fund business from Bank of America. The deal will involve merging BofA money funds and separate accounts into BlackRock's offerings. The deal will bring BlackRock's cash management business to about $327 billion in assets. Read the original story from Bloomberg.
Most Read
The U.S. Supreme Court on Monday agreed to consider whether private parties should be allowed to bring claims that fund contracts violate the Investment Company Act ...
It's officially summertime, which means FBV's annual Summer Reading List is here. We curate the list each year by soliciting recommendations from our readers and friends ...
ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...
Members of the Heartland Funds board and Heartland Advisors management team spent a recent evening together sharing a meal. Of course it's not unusual for independent ...