Industry News

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Post-DOL fiduciary rule, Wall Street gives the nod to low-cost fund companies
NEWS EQUITIES APR 22, 2016
Post-DOL fiduciary rule, Wall Street gives the nod to low-cost fund companies

Broker-sold fund companies lag since new regulation released.

By John Waggoner
The U.S. is in the midst of a historic bull market
NEWS INDUSTRY NEWS APR 21, 2016
The U.S. is in the midst of a historic bull market

Most-hated S&P 500 rally poised to become second-longest

By Bloomberg
End of golden era for investors spells trouble for millennials: McKinsey report
NEWS INDUSTRY NEWS APR 21, 2016
End of golden era for investors spells trouble for millennials: McKinsey report

The study sees much lower returns in the future. For instance, 30-year-olds may need to save almost twice as much to make do.

By Bloomberg
NEWS INDUSTRY NEWS APR 21, 2016
Almost nobody is good at timing the market

Plus: Be wary of energy-company dividends, an election-year twist on selling in May, and don't quit your job like Michael Strahan did

By Jeff Benjamin
NEWS EQUITIES APR 21, 2016
George Soros can't stop hating on the Chinese economy

Plus: Amplify ETF zeroes in on online retail, calling out Gundlach's forecasts, and get ready to start tipping your Uber driver

By Jeff Benjamin
Fate of Prince's estate uncertain following his death
NEWS RETIREMENT PLANNING APR 21, 2016
Fate of Prince's estate uncertain following his death

A complicated process to value the music icon's estate hinges on future royalties.

By Greg Iacurci
Podcast: How 1,023-page DOL fiduciary rule flies in the face of Earth Day
NEWS REGULATION AND LEGISLATION APR 21, 2016
Podcast: How 1,023-page DOL fiduciary rule flies in the face of Earth Day

Bradford Campbell, an ERISA attorney and former head of the Employee Benefits Security Administration, discusses how the Labor Department's new fiduciary rule flies in the face of the Earth Day celebration, due to thousands of pages of required disclosures and printouts of the regulation's text.

By Greg Iacurci
NEWS EQUITIES APR 21, 2016
Horizon Investments' Greg Valliere bemoans election tone, economic growth

If Republican frontrunner Donald Trump wins, Mr. Valliere says he'll be rooting for “a really windy inauguration day.”

By Jeff Benjamin
Annually rebalancing client portfolios hurts performance: Pinnacle's Michael Kitces
NEWS RETIREMENT PLANNING APR 21, 2016
Annually rebalancing client portfolios hurts performance: Pinnacle's Michael Kitces

Speaking Monday at the IMCA annual conference in Orlando, Mr. Kitces questioned regular rebalancing and said in one case doing nothing was the better bet.

By Jeff Benjamin
Podcast: Lawsuit challenging DOL rule change is imminent
NEWS REGULATION AND LEGISLATION APR 21, 2016
Podcast: Lawsuit challenging DOL rule change is imminent

<i>InvestmentNews</i> debates whether the battle over holding advisers to a strict fiduciary standard for retirement accounts will end up in court. <i>(More: <a href="//www.investmentnews.com/section/fiduciary-focus&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">Coverage of the DOL rule from every angle</a>)</i>

By InvestmentNews Staff
New DOL fiduciary rule, robo-advice dominate adviser concerns at SIFMA conference
NEWS REGULATION AND LEGISLATION APR 21, 2016
New DOL fiduciary rule, robo-advice dominate adviser concerns at SIFMA conference

Lobbying group talks about priorities at private client conference in New York.

By Christine Idzelis
Vanguard, Fidelity bank on robos, low-cost strategies to ride DOL fiduciary rule wave
NEWS PRACTICE MANAGEMENT APR 21, 2016
Vanguard, Fidelity bank on robos, low-cost strategies to ride DOL fiduciary rule wave

Mutual fund giants bank on low-cost index funds, robos to prosper in wake of the Labor Department's regulation.

By John Waggoner
Investors should look beyond REITs to gain real estate exposure: Jeffrey Kolitch
NEWS ALTERNATIVES APR 20, 2016
Investors should look beyond REITs to gain real estate exposure: Jeffrey Kolitch

Jeffrey Kolitch, manager of the Baron Real Estate fund, says investors should look at cruise-line companies, cell-tower operators, casinos and companies involved in real estate infrastructure.

By Jeff Benjamin
The Financial Stability Oversight Council scrutinizes mutual fund liquidity, leverage in hedge funds
NEWS MUTUAL FUNDS APR 20, 2016
The Financial Stability Oversight Council scrutinizes mutual fund liquidity, leverage in hedge funds

Regulators concerned about systematic risk in a market rout.

By John Waggoner
Taking a cue from insiders on strategic-beta ETFs
NEWS ALTERNATIVES APR 20, 2016
Taking a cue from insiders on strategic-beta ETFs

It's no secret that strategic-beta exchange-traded products have become a pervasive part of the marketplace, rewarding investors with innovative tools to diversify and fine-tune portfolios in ways traditional market-capitalization-weighted indexes don't allow.

By Andy O'Rourke
NEWS ETFS APR 20, 2016
Pimco's active BOND ETF being left in the dust

Plus: The failures of 'too-big-to-fail' banks, dividend investing without the dividends, and passing student loan debt along to the taxpayers

By Jeff Benjamin
What advisers can learn about technology from Guns N' Roses
NEWS FINTECH APR 20, 2016
What advisers can learn about technology from Guns N' Roses

We can communicate with clients through newsletters, emails and blogs or even videos and webinars, but it's more important to interact.

By Sheryl Rowling
Fidelity moves closer to producing smart-beta ETFs
NEWS ETFS APR 20, 2016
Fidelity moves closer to producing smart-beta ETFs

Recent SEC filing by the fund giant hints at new funds in the works.

By John Waggoner
'Fiduci-what?' Most clients don't know what the fiduciary duty really means
NEWS PRACTICE MANAGEMENT APR 20, 2016
'Fiduci-what?' Most clients don't know what the fiduciary duty really means

The more we do to help clients understand conflicts of interest, the better we can serve their interests.

By Carl Richards
NEWS BROKER DEALERS APR 20, 2016
RCS Capital to file bankruptcy this weekend

RCS Capital intends to make another round of bankruptcy filings that will include broker-dealer holding companies of its Cetera Financial Group firms.

By Bruce Kelly