News

IMHO: No One To Blame

Like most of you, I have found the soaring price of gasoline to be enormously frustrating.

RIA Industry Rife With M&A Activity

Since 2006, the average number of annual deals among registered investment adviser (RIA) firms rose 37% in the last two years, to 48, and the increase in acquisitions...

Mutual Fund Assets Drop 5% in June

The combined assets of the nation's mutual funds decreased by $612.42 billion, or 5%, to $11.678 trillion in June, according to the Investment Company Institute (ICI).

Pax Fined $500k in SRI Violations Case

A New Hampshire socially responsible investment (SRI) money manager has agreed to a $500,000 settlement with federal regulators in charges it improperly bought securities despite its own SRI...

PIMCO Ventures to ETFs

PIMCO filed documents with the Securities and Exchange Commission (SEC) to launch its first bond exchange-traded fund (ETF), according to published reports.