How a new stadium could change Toronto FC’s fortunes

The new MLS expansion franchise Toronto FC is eyeing an ambitious $1.6 billion stadium that would be the largest in North America.The $1 billion project would be built in phases and would include two indoor venues, the first of which would be an indoor soccer stadium on the waterfront near the CN Tower.The stadium wouldRead More

Federal judge orders California pension plan to cover new benefits

CAFE, Calif.— A federal judge in California has ordered the state pension fund to cover the benefits of hundreds of thousands of retirees, saying the plan failed to adequately monitor its investment strategy and failed to ensure it was properly compensated for its risk.Federal District Judge John P. Zloch ordered the California Public Employees RetirementRead More

How to sell your stock portfolio to a federated investor

If you’re an investor in an ETF, then you’ve probably seen some variation of this phrase.Federated investors are those who hold stocks in ETFs, but do not own them directly.For instance, if you’re buying a stock in a mutual fund, but not owning it outright, you’re probably a federate investor.How do Federated Investors work?If you’reRead More