In the Margins
Eaton Vance posted weaker-than-expected earnings and revenue for its latest quarter, ending Jan. 31. Assets under management slipped 3% from the previous quarter to $302.6 billion, though they were up 2% from a year earlier. CEO Thomas Faust said market declines and outflows from floating-rate income and emerging market equity mandates more than offset strong organic growth in its other business segments. Read the original story from The Wall Street Journal.
Most Read
The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...
Securities brokerage firms are a critical part of the financial landscape, as they provide a vast array of products and services to the financial services industry, ...
The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...
As mutual fund boards prepare for their next quarterly meetings over the coming weeks, they likely are gathering talking points on several of President Trump's initiatives ...