New investment chief says Vanguard to stay lowest cost
NEW YORK (Reuters) - Tim Buckley, who takes over as chief investment officer at The Vanguard Group in January, has never managed money in his 20 years at the firm....
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Firms take longer to approve complex funds for sale
NEW YORK (Reuters) - With increased regulatory scrutiny of complex exchange-traded funds and exchange-traded notes, big brokerage firms are taking longer to make them available to financial advisers, according to...
Firms take longer to approve complex funds for sale
NEW YORK (Reuters) - With increased regulatory scrutiny of complex exchange-traded funds and exchange-traded notes, big brokerage firms are taking longer to make them available to financial advisers, according to...
BlackRock launches “frontier market” fund with global reach
NEW YORK (Reuters) - BlackRock Inc has introduced an exchange-traded fund that invests in "frontier markets", or small countries that do not qualify yet as emerging markets. Similar funds already...
BlackRock launches “frontier market” fund with global reach
NEW YORK (Reuters) - BlackRock Inc has introduced an exchange-traded fund that invests in "frontier markets", or small countries that do not qualify yet as emerging markets. Similar funds already...
BlackRock to lower fees on some ETFs to better compete
NEW YORK (Reuters) - BlackRock Inc will announce lower fees on some of its core iShares exchange-traded funds in the fourth quarter to better compete with lower-cost products, Chief Executive...
BlackRock to lower fees on some ETFs to better compete
NEW YORK (Reuters) - BlackRock Inc will announce lower fees on some of its core iShares exchange-traded funds in the fourth quarter to better compete with lower-cost products, Chief Executive...
Capital Group lures wealthy investors as mainstream flees
NEW YORK (Reuters) - Capital Group Companies has been luring wealthy private clients over the past few years with its long-term investment strategies as mainstream investors left the Los Angeles-based...
Capital Group lures wealthy investors as mainstream flees
NEW YORK (Reuters) - Capital Group Companies has been luring wealthy private clients over the past few years with its long-term investment strategies as mainstream investors left the Los Angeles-based...
SEC looks to see if weak controls worsened Knight loss: source
(Reuters) - U.S. regulators are working to figure out whether the trading snafu at Knight Capital Group that resulted in a $440 million loss and nearly destroyed the firm was...