The $7 billion deal will advance Morgan Stanley's push into investment management as it shifts away from trading.
“We were on a good roll through January and February. Then came March," CFO Stephen Scherr says.
The sale to France's Amundi gives Italy's largest bank a capital infusion as it seeks to meet tougher regulatory requirements.
The combination of Britain's Henderson and Janus comes amid the continuing shift of investors to cheaper passive investment funds.
The SEC says 13 firms negligently relied on F-Squared's false performance claims about an ETF product in promoting it to their customers.
New rules for lease accounting are coming. Are CFOs prepared?
Federal Reserve officials are wary that a surprise increase in interest rates could spur panic among investors.
