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Wall Street pros lose $10B in Treasury ETF but many keep hoping
FIXED INCOME OCT 13, 2023
Wall Street pros lose $10B in Treasury ETF but many keep hoping

The iShares 20+ Year Treasury Bond ETF continues to gain inflows.

By Bloomberg
SEC orders firm to pay $1.3M for failing to disclose conflicts related to high-cost funds
MUTUAL FUNDS OCT 11, 2023
SEC orders firm to pay $1.3M for failing to disclose conflicts related to high-cost funds

'If you’re an investment advisor and you’re not putting your clients in the lowest-cost share class, then you’re running the risk of a fiduciary failure,' an expert says.

By Mark Schoeff Jr.
Elite Wall Street firms are surrendering to the ETF boom
ETFS OCT 11, 2023
Elite Wall Street firms are surrendering to the ETF boom

Some money managers are starting to convert separately managed accounts to ETFs to take advantage of the tax efficiency of the ETF wrapper.

By Bloomberg
PGIM cuts fees on target-date funds
RETIREMENT PLANNING OCT 10, 2023
PGIM cuts fees on target-date funds

The TDF series will be renamed PGIM Target Date Funds, and some underlying investments will be changed.

By InvestmentNews
Finra tags advisor for sales of GPB alternatives
ALTERNATIVES OCT 10, 2023
Finra tags advisor for sales of GPB alternatives

"It’s frustrating to see Finra charging brokers after the nail is in the coffin of [clients'] portfolios," one attorney says.

By Bruce Kelly
This bond market is providing double-digit returns
FIXED INCOME OCT 10, 2023
This bond market is providing double-digit returns

Investors have seen returns as high as 16% from one class of debt instrument.

By Bloomberg
Oil spikes and equities fall following Hamas attack on Israel
EQUITIES OCT 09, 2023
Oil spikes and equities fall following Hamas attack on Israel

New geopolitical tension is sending investors to safe havens.

By Bloomberg
Is the bear market set to continue beyond expectation?
EQUITIES OCT 09, 2023
Is the bear market set to continue beyond expectation?

There could be a longer wait for a stock market rally, fear strategists.

Higher for longer rates looking more certain
FIXED INCOME OCT 09, 2023
Higher for longer rates looking more certain

Underlying core inflation is cementing opinion for the end of the cheap money era for now.

By Bloomberg
ESG bond issuance headed for a slump in US, Goldman says
FIXED INCOME OCT 06, 2023
ESG bond issuance headed for a slump in US, Goldman says

There's likely to be just $40 billion of corporate-grade ESG debt issued in the U.S., which is half what U.S. companies issued last year.

By Bloomberg
Fed seen leaning toward another rate hike after big jobs gain
FIXED INCOME OCT 06, 2023
Fed seen leaning toward another rate hike after big jobs gain

'The acceleration in growth justifies higher rates and hawks will remain concerned about backsliding on progress made on inflation,' says an economist.

By Bloomberg
FTX co-founder admits multibillion-dollar fraud
ALTERNATIVES OCT 06, 2023
FTX co-founder admits multibillion-dollar fraud

The crypto exchange collapse is being played out in court.

By Bloomberg
Buy the dip in global stocks, says Citi strategist
EQUITIES OCT 06, 2023
Buy the dip in global stocks, says Citi strategist

European stocks are particularly attractive right now says Beata Manthey.

By Bloomberg
Goldman's build-your-own ETF hub debuts first funds
MUTUAL FUNDS OCT 05, 2023
Goldman's build-your-own ETF hub debuts first funds

Goldman's platform is designed to help institutional clients launch their own ETFs while providing services such as portfolio implementation and capital markets solutions.

By InvestmentNews
More 'ESG' funds folding this year, but others are taking their place
MUTUAL FUNDS OCT 05, 2023
More 'ESG' funds folding this year, but others are taking their place

Even as big players like BlackRock close funds that failed to gain assets, they continue filing for new ones.

By Emile Hallez
New crypto SMA platform to launch for wealth advisors
ALTERNATIVES OCT 05, 2023
New crypto SMA platform to launch for wealth advisors

The platform will provide advisors with secure and regulated access to digital assets.

By Steve Randall
Rescuing the bond market demands an equities crash, says Barclays
EQUITIES OCT 05, 2023
Rescuing the bond market demands an equities crash, says Barclays

Fixed-income assets will remain less appealing unless stocks fall in the coming weeks.

By Bloomberg
Employers racing to offload pensions to insurers
RETIREMENT PLANNING OCT 04, 2023
Employers racing to offload pensions to insurers

The trend is a boon for the insurance business, but there are questions about protections for retirees and workers.

By Emile Hallez
Target-date funds: Low fee doesn't equal low risk
OPINION OCT 04, 2023
Target-date funds: Low fee doesn't equal low risk

Three reasons why passive TDFs aren’t automatically the safer choice for DC plan fiduciaries

By Emily Cao
Global bond sell-off gains pace, Treasury yields at 16-year high
FIXED INCOME OCT 04, 2023
Global bond sell-off gains pace, Treasury yields at 16-year high

US jobs data added to expectation that the Fed has more hiking to do.

By Bloomberg