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

01:00pm, Friday, 03'rd Apr 2020
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
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 individ
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

01:00pm, Friday, 27'th Mar 2020
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.
Zero out of 23 CEF sectors positive on price and zero out of 23 sectors positive on NAV this week. MLPs lead the downside. Several CEFs deleverage. Watch for ab
The bond exchange-traded funds of BlackRock, Vanguard and others traded at historic discounts to the net asset value of their underlying assets as the coronavirus pandemic roiled markets.
BlackRock and Vanguard Group made it more expensive for large Wall Street traders to redeem shares in some exchange-traded funds for cash this week, an acknowledgment of the deteriorating liquidity in
The coronavirus may have upended the stock market, but three big pending mergers in financial services—Charles Schwab‘s buy of TD Ameritrade, Morgan Stanley’s acquisition of E*Trade Financial, a
Although details of the transaction couldn’t be learned at press time, the company was expected to trade hands for at least $2 billion, including debt, said other people with knowledge of the deal.
The coronavirus (COVID-19) outbreak has serious financial implications for the Cleveland Cavaliers, their event staff and hourly workers included. Thanks to the efforts of Kevin Love and the Cavaliers
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