In the Margins
Investors withdrew $12.5 billion from U.S. stock mutual funds last week, the biggest redemption in more than four years. According to the Investment Company Institute, investors pulled about $12.1 from domestic stock funds and $461 million from equity funds that invest outside the United States. Read the original story from Bloomberg.
Most Read
Independent mutual fund directors saw markedly smaller increases in pay in 2017, when compared to the year prior, according to the results of the Independent Directors ...
The parties in a 2014 lawsuit accusing PIMCO of overcharging Total Return Fund shareholders while lavishly compensating CIO Bill Gross and CEO Mohamed El-Erian agreed this week ...
The board of T. Rowe Price Group's funds has elected an independent chairman for the first time, naming Robert Gerrard to the top spot at the ...
Merger & acquisition activity in the asset management business has been ticking up for years, and it doesn't look to be slowing down anytime soon. And ...