Here we have highlighted the changes from the January 24, 2019, ECB Press Conference.
Institutions
Wong, et al vs. Fidelity – Finding New Ways to Get Revenue
In its thirst to maintain and grow assets under administration in an increasingly competitive and dwindling fee environment, a recordkeeper must find a balance between the services it offers and the overall (direct and indirect) revenue generated in support of such...
iGPS – A Distribution Solution for Asset Managers
iGPS can give new life to asset managers and recordkeepers as the optimum QDIA solution between a target date fund and a managed account.
Davis vs. Stadion Money Management, LLC + United of Omaha Life – a First Look
This class action lawsuit shines a light onto the revenue sharing (or possible self-dealing and prohibited transactions) relationship between a recordkeeper and a managed account provider. Although it is premature to suggest who will prevail in this suit, it is fair...
FOMC January 30, 2019, Press Conference Prepared Remarks
2019 begins the Era of Powell Transparency. In his first of eight “live” FOMC meeting press conferences this year, Chairman Powell stated that the FOMC is “committed to clearly explaining what we are doing and why we are doing it, both regarding the path of rates and...
FOMC January 2019 Press Release Language Change
Here we have highlighted the changes in the January 30, 2019, FOMC Press Release.
A Reflection on the 8th Circuit Appeal Court’s Decision to Dismiss Fiduciary Claims Against American Century
On June 30, 2016, a class action complaint was filed by Steve Wadman, et al (Plaintiffs), against American Century (Defendants). On January 23, 2019, Chief Judge Greg Kays, issued a finding of facts and conclusion of law and dismissed all counts in favor of...
Quarterly Market Commentary – 2018 Q4
This is the fourth quarter of 2018 market commentary which represents the current views of Chao & Company, LTD.
FOMC December 2018 Press Release Language Change
Here we have highlighted the changes in the December 19, 2018, FOMC Press Release.
Behind the Headline – R Star in Three Acts
There has been a great deal of uncertainty and anxiety pertaining to the number of Fed rate hikes remaining now that they have completed eight 25bp hikes since December 2015. We took recent public speeches and interviews from Chairman Powell and Vice-Chair Clarida to...
FOMC November 2018 Press Release Language Change
Here we have highlighted the changes in the November 8, 2018, FOMC Press Release.
2019 Annual Qualified Retirement Plan Contribution Limits
On November 1, 2018, the Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2019.
2019 HSA Plan Limits
On May 14, 2018, the Internal Revenue Service issued Revenue Procedure 2018-30 , announcing the 2019 inflation-adjusted amounts for Health Savings Accounts (HSAs), as determined under the Internal Revenue Code § 223.
Quarterly Market Commentary – 2018 Q3
This is the third quarter of 2018 market commentary which represents the current views of Chao & Company, LTD.
FOMC September 2018 Press Release Language Change
Here we have highlighted the changes in the September 26, 2018, FOMC Press Release.
FOMC August 2018 Press Release Language Change
Here we have highlighted the changes in the August 1, 2018, FOMC Press Release.
BOJ Press Conference July 31st – Committed to Stay The Course and be Flexible
Here is the Bank of Japan Policy Board’s press release on July 31, 2018.
ECB Press Conference July 26th – What has changed?
Here we have highlighted the changes from the June 14, 2018, ECB Press Conference.
Quarterly Market Commentary – 2018 Q2
This is the second quarter of 2018 market commentary which represents the current views of Chao & Company, LTD.
ECB Press Conference June 14th – What has changed?
Here we have highlighted the changes from the April 26, 2018, ECB Press Conference.