Expense allocation is an area of regulatory risk, as finance, legal, and compliance professionals at asset management firms know all too well. The SEC Division of Examinations (EXAMS) scrutinizes ...

Plan sponsors can pay ERISA plan expenses themselves or, under certain circumstances, from plan assets. Understanding what costs can be expensed to the plan — and which expenses should come out of the ...

Mutual fund feeds and expenses are charges that may be incurred by investors who hold mutual funds. Running a mutual fund involves costs, including shareholder transaction costs, investment advisory ...

Mutual fund feeds and expenses are charges that may be incurred by investors who hold mutual funds. Running a mutual fund involves costs, including shareholder transaction costs, investment advisory ...

Frank Sinatra sang that the best things in life are free, and the investment industry is slowly starting to come around to that wisdom. Most major brokers have eliminated commissions on basic ...

The fund underperformed its custom benchmark during the quarter. Ten of 14 underlying active strategies outperformed their fund-specific benchmarks over the period. At quarter-end, the tactical ...