In the Margins
Morgan Stanley, the largest U.S. brokerage by salesforce, is dropping mutual funds from Vanguard Group as of Monday, Aug. 7. Morgan Stanley spokeswoman Christy Jockle said Morgan Stanley's goal was to close out underperforming and less popular funds, and that the client assets held in Vanguard mutual funds represents a small percentage of all client assets in mutual fund investments. Read the original story from Reuters.
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 ...