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The revenue earned by providers of stable value funds is at issue in a recent class action lawsuit.
Despite a management change, this fund retains its Bronze rating.
Mutual funds pass the Taleb test.
College savings just got a lot cheaper and more.
PIMCO granted patent for GDP-weighted global bond indexing scheme, Compass EMP rolls out 13 mutual funds, and American Century announces the liquidation of an S&P 500 Index fund.
Vanguard cuts fees on 30 mutual funds, Michael Mauboussin leaves Legg Mason, and Franklin Income takes on comanagers.
Plus, ICI proposes reforms and more manager shuffling.