Glavin says firm is mulling possibility of converting mutual funds into exchange-traded funds; won't introduce 'clones'
Huntington Asset Advisors Inc. may be the first fund company to convert an existing mutual fund into an actively managed exchange-traded fund, but it won't be the last, some observers predict.
Firm has launched six such funds in the past two months – with more on the way
The acronym TMT took a beating nearly than a decade ago, when a number of telecom services (T), media (M), and the information technology stocks (T) declined sharply. Since then many diversified mutual fund managers have focused on these now recovered industries and a small number of funds have narrowed their sights to just the TMT space with success.
SEC approval would generate rush of similar requests, observers say; actively managed fund likely to be launched this summer
BlackRock Inc. is looking to expand its services — rather than slash costs on funds — to lure advisers to its exchange-traded funds.
Officials at the Securities and Exchange Commission are considering setting limits on computer-trading algorithms — and may choose to require broker-dealers to monitor their orders — in the wake of the May 6 flash crash.
Like a lot of firms, Russell Investment has been waiting a long time for the SEC to approve its request to launch an actively managed exchange-traded fund. Today, Russell took the bull by the horns, purchasing U.S. One -- and with it, the RIA's actively managed ETF.
Index specialist's cheaper funds gaining fast on BlackRock, State Street; 'hard pill to swallow'
BlackRock Inc. is losing its tight grip on the $927 billion U.S. ETF market — potentially costing the company hundreds of millions of dollars in revenue — and the competition is just starting to heat up
The Vanguard Group Inc. is looking to expand its non-U.S. exchange-traded-fund business in the next five years. Specifically, the firm intends to enter Hong Kong and Canada next year, said F. William McNabb II, president and CEO.
Exchange-traded funds that follow the same index should provide almost identical returns. But they don't, thus complicating the financial adviser's job of choosing among the 1,000-plus ETFs for sale in the United States.
Lee Kranefuss talks about the early days of bringing exchange-traded funds to the masses
Some say that the only thing growing faster than the nearly $1 trillion exchange-traded-fund market is the use of options on those nearly 1,000 funds. That may be a slight exaggeration, but it does underscore a trend.
Lamco Advisory Services Inc. will be the first independent advisory firm to start allocating client assets to an ETF option overlay strategy managed by MDE Group Inc.
S&P is positive on VGK because the security has above-average yield of 3.75% and its holdings are made up of what S&P considers attractive companies that historically have strong cash flows to support dividend growth
Last year, The Charles Schwab Corp. launched its first exchange-traded funds, offering them commission-free
Over the last six months, The Charles Schwab Corp. has seen flows from individual investors in exchange-traded funds surpass flows from registered investment advisers, marking the first time ever this has happened.
Invesco Ltd., the Atlanta-based investment management company, has been sued by a Boston-based trust claiming infringement of its trademarks for exchange- traded funds.