12/08/2014
When Bill Gross bolted Pimco in late September after months of mediocre performance in his Total Return Fund, clients including Wells Fargo & Co. and Charles Schwab Corp. pulled over $61 billion from the Newport Beach, Calif.-based money manager.
12/08/2014
The energy infrastructure strategy invests primarily in companies that own and operate midstream assets, such as pipelines, terminals and processing facilities, which have long useful lives and offer attractive rates of return.
12/05/2014
CFA Institute, the global association of investment professionals that sets the standard for professional excellence, has added BlackRock to the growing list of investment firms that claim compliance with its Asset Manager Code of Professional Conduct.
12/04/2014
British insurer Legal & General has launched a U.S. index fund management business, the U.S. unit said, as it looks to capture some of the growing U.S. passive fund market.