Active managers have struggled amid a turbulent economy, but Wellington Management believes that the tough ride for these managers may have reached an inflection point.
The head of Ireland’s National Treasury Management Agency has called overcharging by State Street “fraud”; multiple sources confirm that the Financial Services Authority is investigating the bank over transition management practices.
Chevron Corp., one of the world's biggest oil companies, has filed an ethics complaint against New York State Comptroller Thomas DiNapoli, who says the allegations are without merit.