In recent days, corporations and institutional investors like BlackRock, Fidelity, and Vanguard have issued welcome statements decrying racial inequity and injustice.
UBS Wealth Management USA is adding separately managed accounts from seven well-known fund companies to its menu of proprietary strategies that waive outside manager fees, citing the success of a strategy introduced earlier this year on UBS-advised strategies.
The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees.