FUND Stock Recent News

Companies are moving to commit to constituents beyond shareholders. But the results will depend on leadership from both companies and government officials, Goldman’s Abby Cohen says.

Aneri Jambusaria, who led Fidelity’s planning office, reportedly becomes LPL Financial’s executive vice president of strategy.

There are still more hurdles Franklin Resources needs to overcome before its acquisition of Legg Mason is complete, but the Federal Trade Commission has granted its approval.

Karen McDonald, managing director at Morgan Stanley Wealth Management, is one of Barron’s 100 Most Influential Women in U.S. Finance in 2020. Read more about her career and accomplishments here.

A joint venture formed by property mogul Sam Zell and private-equity firm Colony Capital has backed out of a deal to pump close to $200 million into Approach Resources, the bankrupt West Texas oil-and-gas drilling company.

The U.S. money managers are applying to manage and sell mutual funds in China, in what could be a watershed moment for a global investment industry eager to access the country’s huge pool of individual investors.

None out of the 23 CEF sectors positive on price and zero out of 23 sectors were positive on NAV this week. Liquidity crash hits CEFs. NHF cuts by -50%, but sti

Two big money managers wagering that struggling mall owners can still pay their debts have been hit by the retail devastation brought on by the coronavirus pandemic.

Debt markets are still seeing pockets of illiquidity and valuations hadn’t fallen enough outside of the energy patch to provide enough margin of safety, says one strategist.

Jennifer Johnson, CEO of Franklin Templeton Investments, is one of Barron’s 100 Most Influential Women in U.S. Finance in 2020. Read more about her career and accomplishments here.