The Munich-based insurer said it can't put a total price tag on the debacle.
Many analysts see the recent run-up in value stocks as a long-term trend.
Nervous investors have been rapidly reducing their bets on growth stocks.
A forensic analysis of the industry resulted in the ESG tag being removed from more than 1,200 funds.
Will active management seize the opportunity to show its worth?
Market gurus like Jeremy Grantham have also suggested that a bubble may have formed in ESG.
The unprecedented slide in shares of Facebook's parent is hitting low-cost index funds, ETFs and 401(k) favorites.
Many of them profited on wagers that the Fed would tighten policy more quickly than many expected.
The Facebook parent plunged more than 20% in early U.S. trading on the back of poor earnings results.
The JPMorgan Equity Premium Income Fund employs an options strategy to generate yield.
In the week that pushed the S&P 500 Index to the verge of a correction, stock funds absorbed billions of cash.
American Funds and T. Rowe Price are among the other target-date fund companies being probed, state regulators announced.
Crossmark is expanding its lineup of Steward Mutual Funds to 11.
A new study has found that experience was more closely aligned with a money manager's skills.
Cathie Wood and Warren Buffett have both delivered returns of about 35% over the past 24 months.
During Cyrus Taraporevala's tenure, the firm's investment-management pretax earnings grew by 67%.
Vanguard has launched a hiring spree in the U.K. to staff its personal investment business.
BlackRock's portfolio includes $509 billion in sustainable assets, more than double the amount a year ago.
His firm's $1 billion Absolute Return fund just posted the best five days in its 23-year history.
Terry Smith, who manages about $39 billion, recommends companies that can outperform as inflation takes hold.