Staging ad blitz in subway station in D.C. where most SEC employees arrive for work
Dollar-a-share peg little more than a marketing gimmick that confuses investors; this is not a bank account
“There have been hundreds of money fund bailouts, where the funds would have broken the buck if the manager hadn't stepped in,” said Robert E. Plaze, deputy director of the Securities and Exchange Commission's Division of Investment Management
Walter wants industry participants to cool the rhetoric, refrain from issuing public statements; 'destructive disengagement'
Legendary bond investor not a big fan of market-cap-weighted fixed-income funds; 'who's supposed to go broke here?'
Federated Investors Inc.'s pending acquisition of $5 billion in money market fund assets from Fifth Third Bancorp could be just the beginning of a spending spree.
Fifth Third Bancorp announced on Thursday that it is selling its money-market fund operations. Given that scale is crucial in a business currently crimped by low-interest rates and a regulatory clampdown, you can bet more regional banks will follow suit.
Fund giant reduces expense ratios on its $21 billion emerging-markets fund, five others
Will bring in its own team as replacement; another loss for giant fund firm
The late Howard Schow co-managed the $30 billion Vanguard Primecap fund since its inception almost 30 years ago
Analyst also blasts high management turnover and use of proprietary funds
Named best large equity fund company; Nuveen and GuideStone take home top awards
