Regulation
SEC to Start T+1 Settlement Next Week
Securities transactions will have to settled by the following business day.
Tag: Mutual Fund
Regulation
Gensler Defends Swing Pricing Proposal Despite Growing Bipartisan Pushback
The chair of the SEC testified about its regulatory agenda, which includes the swing pricing proposal, to the Senate Banking, Housing and Urban Affairs Committee on September 12.
Risk
Infinity Q Agrees to Settle SEC Overvaluation Charges
About $570 million to be returned to investors.
Regulation
SEC Wants Funds to Reveal More Proxy Voting Information
The regulator proposes disclosure rule changes regarding ‘say-on-pay’ votes and securities lending.
Corporate Moves
Exclusive Interview: Ted Aronson Will Shutter His Value-Oriented Firm
AJO Partners is closing after nearly 40 years of investing, as its style suffers. Founder's team wants to launch a successor, but he will be on the sidelines.
Alternatives
ESG ETF Investing ‘Should At Least Double’ This Year, Says Industry Savant
Investor interest has jumped amid challenges in the coronavirus crisis and George Floyd protests.
Coronavirus - COVID-19
UK Equity Funds Weather Market Turmoil Surprisingly Well
Fixed income unexpectedly takes brunt of record monthly outflow of UK mutual funds.
Asset Management Culture
BlackRock Commits $50M to Coronavirus Relief Efforts
The institutional investor joins firms such as JPMorgan in mobilizing around the relief effort.
Asset Allocation
More Active Managers May Make a Comeback This Year: Mercer
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
SEC Settles Charges Against 79 Advisers
Violators agree to return more than $125 million to clients.
Market Moves
China’s Fund Industry Forecast to Quintuple by 2025
UBS said it expects Chinese mutual fund assets to reach nearly $7.5 trillion.
Market Moves
Fidelity Eyes Chinese Mutual, Pension Fund Markets
Company to provide domestic investment products to institutional investors, and high net worth individuals.
Risk
TOBAM President Opens Up about New Bitcoin Mutual Fund
Choueifaty discusses heavy research prior to fund’s launch, Bitcoin criticism.