Portfolio managers who battened down their hatches for credit market squalls, falling U.S. rates and a sagging greenback led the ranks of fixed-income performers for the 12-month period through June 30, according to Morningstar Inc.'s separate-account/commingled-fund database.
Exchange traded notes — close cousins to exchange traded funds — are starting to catch on with some financial advisers because they allow access to hard-to-reach markets.
In the biggest shakeout thus far, 25 exchange traded funds already have closed this year, indicating that this fast-growing sector of the fund industry may be settling down.
The exchange traded fund world got a little more exciting this year with the introduction of the first truly actively managed ETFs.
The second quarter hasn't been kind to mutual funds that focus on the life insurance sector.
In a market roiled with trouble and strife, advisers who keep assets under custody with Schwab Institutional appear to be picking up clients from wirehouses and do-it-yourself investors at a prodigious rate.
Now that levels have been defined, you must communicate your new service levels to your clients.
Once considered the gold standard of web-based financial reporting technology, EDGAR, the Securities and Exchange Commission's long-serving form-based corporate filing system, is to be replaced.
Sales hit an estimated $24.6 billion during the second quarter, up 54.1% from the second quarter of 2007.
Sales were up 3.1% from June, but down 13.2% from the same month a year ago, according to NAR.
