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American Funds, the nation's second-largest fund family, recorded substantial asset outflows last year. Yet, the fund family has been ultra-successful over the long term. Is it time to buy American Funds?
Every month, we hope, you flip through our pages and click through our website to find a few things worthy of your reading time — a few things that inform and entertain, that deepen your understanding of the business of providing financial advice...
The Securities and Exchange Commission has tapped Eileen Rominger, former global CIO of Goldman Sachs Asset Management, as its new director of investment management. She replaces Andrew “Buddy” Donohue, who left the agency in November...