FA News

Mutual Funds Add $947 Billion In Assets In January

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January's $22.9 billion in inflows still falls short of December's $183.2 billion in outflows.

Health Insurers Sink As 'Medicare For All' Idea Gains Traction

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Some weakness may be related to a highly-anticipated drug pricing hearing in the Senate on Tuesday.

Maxine Waters Sets Date To Grill SEC Chairman On Reg Best Interest

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She has criticized Clayton and the SEC for not creating a higher, fiduciary standard for brokers.

The Affordable Financial Advisors? 80% Of NAIFA Work With Middle Class

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The group is positioning itself as America’s affordable advice alternative as it battles tougher sales-conduct standards.

Raymond James Launches Southern New England Complex

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The firm's traditional b-d is expanding in New England.

Apollo's Black Says 2013 Call To Sell 'Everything Not Nailed Down' Was Premature

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But he has no misgivings about selling in 2013, because it allowed the company to reduce risk and make money.

Fidelity Sued Over Mutual Fund 'Kickbacks' In 401(k) Plans

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The suit alleges that Fidelity's "secret payments" to third-party mutual fund providers breaches ERISA rules.

Toll Brothers Housing Orders Plunge As California Move-Up Buyers Vanish

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The company struggled to find move-up buyers in California, which is gripped by an affordability crisis.

Money Managers Get Break For Plane Purchases In Trump Tax Law

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The Republican-led tax overhaul provided a new incentive.

'Mega' Advisor Teams Control Two-Thirds Of Client Assets, Study Says

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Yet advisor teams with $500 million or more in AUM represent only a fraction of advisor practices.

Volatility Spurs Institutions To Beef Up Their Tactical ETF Use

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ETFs are getting a boost from market volatility.

Accurate Reporting Of Biofuels' Impact Needed

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Partnership for Policy Integrity files petition with SEC asking for transparency for bio-fuel companies.

ImpactAssets Releases Annual Database Of Impact Fund Managers

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The ImpactAssets IA 50 database of impact fund managers is now available online.

Pensions May Sell $26 Billion In Stocks By Thursday: Wells Fargo

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Pensions may have to sell stocks and buy more bonds due to the recent rally in U.S. equities.

Investors Are Winning Tug-of-War With Emerging-Market Analysts

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Analysts are beginning to increase their earnings estimates for emerging market companies.

No BBB Bust As $140 Billion Bet On Fallen Angels Is `Overpriced'

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Fear of downgrades may be boosting the corporate and high yield bond markets so far this year.

U.S. Said To Study Mysterious Bond Billionaire's Venezuela Deals

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The U.S. may sanction hedge fund billionaire David Martinez for his Venezuelan business dealings.

Vanguard Trims Fees On 10 ETFs

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The company has also cut expense ratios on 27 mutual funds.

Powell Tells Senators Fed Is Finding More Labor Market Slack

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The Fed chairman said that workers returning to employment are causing additional slack in the labor market.

CFA Institute Sues ARA Over Allegedly Dueling Designations

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The suit alleges that the ARA's CPFA conflicts with the CFA Institute's chartered financial analyst designation.