Mutual Funds

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BlackRock Announces Job Cuts Affecting Less Than 1% Of Staff

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The firm said in January that it would dismiss 500 employees, or roughly 2.5% of its global workforce.

AI Is Coming For Wealth Management. Here's What That Means

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Experts weigh in on how artificial intelligence will change the money business.

Pimco To Pay $9 Million SEC Fine For Fee, Disclosure Probes

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Pimco failed to disclose key information about how swaps could impact its Global StocksPLUS & Income Fund, the SEC said.

Big U.S. Stocks Surely Can't Outperform Forever

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Was Warren Buffett right all along and you should just invest in the S&P 500 with a bit in bonds as a hedge? Yes.

Anti-ESG Funds' Hot Start Has Fizzled, Morningstar Says

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These funds attracted a lot of attention last year but inflows have since slowed to a "drizzle," the research firm says.

Capital Preservation + Price Appreciation = Results

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The FMI Common Stock Fund has a successful 40-year track record.

Franklin Templeton To Buy Putnam As Desmarais Family Exits

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Traditional fund managers face pressure to consolidate and tap new markets.

Managers Choosing ETFs, SMAs Over Mutual Funds, Cerulli Says

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But the research firm said mutual funds will continue to serve a role in retirement accounts.

Young Investors Diving Into Crypto Investments, Report Says

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A new study says more than half of young adults are investing, with crypto assets one of their prized targets.

Citi Says Buyers Plow $21 Billion Into U.S. Stocks

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Volatility readings have also fallen to the calmest levels seen in over a year.

Venture Firm Insight Partners Misses $2 Billion Goal For Fund, Raises $1.3 Billion

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The tech venture giant reportedly sought more than $2 billion.

Top-Performing Fund Manager Bets On AI, Cloud Tech; Shuns Apple

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The fund manager is among a chorus of market participants bullish on AI-related stocks.

The Patent That Helped Vanguard Clients Pocket Big Gains Expires

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The structure allows mutual funds to act like ETFs by generating returns for investors while minimizing taxes.

AllianceBernstein Launches High-Yield Bond ETF

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The launch is the first time the firm has converted a mutual fund into an ETF.

Funds Sold As 'Sustainable' Hit By Crossborder Reality Check

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Only 4% of "sustainable" funds can expect to get past U.S., U.K. and European watchdogs, a new study says.

Envestnet Now Has ETFs, Too

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The new active/passive funds are primarily aimed at financial advisors who use the firm's wealth management platform.

U.S. Turns To Familiar Name To Clean Up $114 Billion Banking Mess: BlackRock

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The FDIC has counted on Larry Fink to pick up after the SVB and Signature failures.

The Case Against Market Timing

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Sitting on the sidelines in cash is a surefire way to sabotage returns.

Money Market Funds See 2023 Boom, Cerulli Says

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Amid bank turmoil and likely cash sorting, these funds gathered some $362.1 billion in March alone.

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