Bloomberg

Bloomberg
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Vanguard struggling to break into European ETF market
MUTUAL FUNDS JUN 04, 2020
Vanguard struggling to break into European ETF market

Eight years after it launched its first European ETFs, the giant asset manager has less than 6% of the market, compared with BlackRock's 45%

Goldman names new wealth management head for N.Y. region
PRACTICE MANAGEMENT JUN 03, 2020
Goldman names new wealth management head for N.Y. region

Nicole Pullen Ross, who most recently headed the firm's Mid-Atlantic region, becomes one of its highest-profile black female executives

Piles of cash, short positions could push stocks higher
EQUITIES JUN 02, 2020
Piles of cash, short positions could push stocks higher

JPMorgan Chase sees the potential for billions to flow into equities at the expense of bonds to rebalance portfolios

Goldman rolls back bearish forecast for US stocks
EQUITIES JUN 01, 2020
Goldman rolls back bearish forecast for US stocks

Strategists abandon their call for the S&P to head back down to 2,400 and now say downside risks are capped at 2,750

Stock ETNs dominated by Ken Fisher see big outflows
ETFS MAY 29, 2020
Stock ETNs dominated by Ken Fisher see big outflows

The three exchange-traded notes have seen $3.5 billion in withdrawals this week

Oil ETF faces U.S. probes over disclosures
MUTUAL FUNDS MAY 29, 2020
Oil ETF faces U.S. probes over disclosures

Both the SEC and the CFTC are looking at whether USO properly disclosed its risks to investors

BlackRock attracts asset managers, wealth funds as PNC exits
RIA NEWS MAY 29, 2020
BlackRock attracts asset managers, wealth funds as PNC exits

Eight strategic investors accounted for 80% of the orders for PNC's stake in the giant fund company

Fed holdings of bond ETFs now total $2.98 billion
MUTUAL FUNDS MAY 29, 2020
Fed holdings of bond ETFs now total $2.98 billion

The central bank also signaled that its lending program for states and municipalities will open soon

New York gold traders stuck with glut
RIA NEWS MAY 28, 2020
New York gold traders stuck with glut

After the pandemic sparked worries about New York's gold supply earlier this year, futures traded at a premium that attracted a flood of metal to the U.S.

Homebuilder ETF rallies on sales surprise
MUTUAL FUNDS MAY 27, 2020
Homebuilder ETF rallies on sales surprise

The SPDR S&P Homebuilders exchange-traded fund hit its highest level since early March after a better-than-expected report on single-family home sales