Hedge fund manager sees no current gains from transition focused fund.
Firm says tougher checks and balances have been implemented.
A memo from SEC COO Ken Johnson gives staff several weeks to accept a voluntary separation package or early retirement.
The defined-outcome products, once offered only to institutions, are undergoing increased scrutiny as experts pan questionable hedging benefits and lost upside opportunities.
Strategists expect softening market unless economic growth improves.
Despite earnings, investors are getting jittery about big tech growth.
Firms not reliant on US market, interest rates gain focus.
Trade war concerns are increasing including reignition of inflation.
The addition sounds risky at a time of cratering bitcoin prices, but the asset management titan says advisor demand is strong.
The Wall Street giant's decision to discontinue its climate pledges come amid a broader recalibration by some of the world's biggest banks.
