DWS is preparing an Xtrackers ETF that would invest in companies seen as leaders in addressing climate change in their businesses.
Last month, the company filed a prospectus for the Xtrackers MSCI USA Climate Action Equity ETF, which would focus on large- and mid-cap companies. The index targets 50% coverage of companies from each sector in MSCI’s USA Index. It currently includes 313 securities, according to the filing with the Securities and Exchange Commission.
The prospectus filed Dec. 29, 2022, would be effective as of March 15. The forthcoming fund would be Xtrackers’ 14th ESG-themed ETF.
Portfolio managers are DBX Advisors vice presidents Bryan Richards, Patrick Dwyer, Shlomo Bassous and Ashif Shaikh. The prospectus did not yet include fee information.
Counting advisor moves in and out of firms requires some art as well as science.
“I'm just a big believer that based on demographics alone, we are looking at a 10-to-15 year bull market in M&A in the RIA and independent wealth space,” said Michael Belluomini, SVP of M&A at Carson Group.
As a tsunami of retirees comes crashing in, three-fifths of those surveyed believe – wrongly – that the federal safety net will cover their LTC needs.
Orion's latest update, a partnership with 11th.com, focuses on an underserved area of compliance for advisors and wealth firms.
The latest arrivals, including a 10-advisor ensemble from Ameriprise, bolster the firm's independent contractor and employee advisor channels.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
