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Coming soon: Single-stock ETFs for traders but not investors
EQUITIES JUL 13, 2022
Coming soon: Single-stock ETFs for traders but not investors

The first examples of this new strain of ETF creativity could hit the markets within days, giving day traders another toy and financial advisers another headache.

By Jeff Benjamin
God Bless America ETF may be coming soon with ticker YALL
MUTUAL FUNDS JUL 13, 2022
God Bless America ETF may be coming soon with ticker YALL

The exchange-traded fund seeks to invest in companies that create American jobs and will screen out firms that stress political activism.

By Bloomberg
Fidelity moves into liquid alts space with two new mutual funds
ALTERNATIVES JUL 12, 2022
Fidelity moves into liquid alts space with two new mutual funds

The debut of the macro opportunities and risk parity strategies paves the way for an expanding alternatives lineup.

By Jeff Benjamin
Protective launches variable annuity with deferral options
RETIREMENT PLANNING JUL 12, 2022
Protective launches variable annuity with deferral options

The product, which has been branded Protective Aspirations, allows holders to maximize either retirement income or growth potential.

By InvestmentNews
BlackRock warns against dip buying as high-volatility era dawns
FIXED INCOME JUL 12, 2022
BlackRock warns against dip buying as high-volatility era dawns

Investors should bet on credit instead, because valuations have improved and default risk is contained, according to BlackRock strategists.

By Bloomberg
Bitcoin is more likely to hit $10,000 than $30,000, survey finds
ALTERNATIVES JUL 11, 2022
Bitcoin is more likely to hit $10,000 than $30,000, survey finds

Retail investors were more apprehensive about cryptocurrencies whereas professional investors were more open-minded toward digital assets.

By Bloomberg
Financial advisers turn surprisingly bullish on the second half
RIA NEWS JUL 11, 2022
Financial advisers turn surprisingly bullish on the second half

Almost 90% of survey respondents believe the stock market can erase most of the losses that occurred during the first half, according to an InspereX survey.

By Jeff Benjamin
Response to inflation is likely to dominate economic policies
EQUITIES JUL 11, 2022
Response to inflation is likely to dominate economic policies

While higher interest rates are the go-to move to temper inflation, the efforts to restrict money supply also introduce the risk of a recession.

By Jeff Benjamin
BlackRock sees 30% jump in flows to suite of climate ETFs
MUTUAL FUNDS JUL 07, 2022
BlackRock sees 30% jump in flows to suite of climate ETFs

The nine ETFs, which have tracked EU-regulated climate transition benchmarks since October, attracted a net $2.7 billion this year as of mid-June.

By Bloomberg
Massachusetts orders Vanguard to repay investors $5.5 million for TDF taxes
MUTUAL FUNDS JUL 06, 2022
Massachusetts orders Vanguard to repay investors $5.5 million for TDF taxes

Vanguard lowered the account minimum for an institutional target-date fund, causing a migration from the retail TDF, leaving those who held onto it in taxable accounts with a big capital gains bill.

By Mark Schoeff Jr.
Making the case for mild recession and stock  rebound in the second half
EQUITIES JUL 06, 2022
Making the case for mild recession and stock rebound in the second half

Columbia Threadneedle analysts say that the U.S. might already be in recession and that the Fed might not need to raise the fed funds rate higher than 3%.

By Jeff Benjamin
New ETFs only invest at night and aim for dreamy returns
RIA NEWS JUL 05, 2022
New ETFs only invest at night and aim for dreamy returns

The NightShares strategy involves buying the index at the end of the day and selling it every morning.

By Jeff Benjamin
Ride the annuity bull market (while you can)
RETIREMENT PLANNING JUL 01, 2022
Ride the annuity bull market (while you can)

The first half sell-off in both stocks and bonds has opened the door for annuities and those selling them.

By Gregg Greenberg
It's not too late to join the liquid alts party, Morningstar says
RIA NEWS JUL 01, 2022
It's not too late to join the liquid alts party, Morningstar says

Key to allocating to funds employing alternative strategies is knowing what to expect and not trying to time investments.

By Jeff Benjamin
Finra arbitration orders D.E. Shaw to pay former manager $52 million in defamation suit
ALTERNATIVES JUN 30, 2022
Finra arbitration orders D.E. Shaw to pay former manager $52 million in defamation suit

Four years after being fired for sexual misconduct, Daniel Michalow wins his defamation case against the $60 billion hedge fund.

By Jeff Benjamin
UBS to pay punitive damages in $1.3 million arbitration loss over options strategy
ALTERNATIVES JUN 30, 2022
UBS to pay punitive damages in $1.3 million arbitration loss over options strategy

The award contains two unusual features: $500,000 in punitive damages to the clients and a two-to-one split decision among the three-person panel.

By Bruce Kelly
Grayscale suing SEC after its Bitcoin ETF is rejected
ALTERNATIVES JUN 30, 2022
Grayscale suing SEC after its Bitcoin ETF is rejected

The regulator found that the listing proposal didn’t do enough to prevent fraud and manipulation.

By Bloomberg
SEC orders UBS to pay $25 million over fraud involving YES options strategy
ALTERNATIVES JUN 29, 2022
SEC orders UBS to pay $25 million over fraud involving YES options strategy

The agency said UBS reps didn't understand the complex product or whether buying it was in a client's best interests.

By Mark Schoeff Jr.
Crypto tax cheats likely to get relief as US crackdown hits snag
ALTERNATIVES JUN 29, 2022
Crypto tax cheats likely to get relief as US crackdown hits snag

Firms are supposed to begin tracking data such as customers’ capital gains and losses starting in January.

By Bloomberg
Nuveen ‘net zero’ ETF includes oil and gas holdings
MUTUAL FUNDS JUN 29, 2022
Nuveen ‘net zero’ ETF includes oil and gas holdings

The Nuveen Global Net Zero Transition ETF seeks to decarbonize by engaging with high emitters.

By ESG Clarity