Investing

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AIG to split off life insurance and retirement unit, names new CEO
RETIREMENT PLANNING OCT 26, 2020
AIG to split off life insurance and retirement unit, names new CEO

Peter Zaffino, currently the company's president, will succeed current CEO Brian Duperreault March 1

By Bloomberg
Stocks hit on COVID concerns, fading hopes for fiscal stimulus
EQUITIES OCT 26, 2020
Stocks hit on COVID concerns, fading hopes for fiscal stimulus

Stocks pared their losses during the afternoon as the biggest tech companies recovered

By Bloomberg
Bond defaults mean almost total losses in new era of bankruptcies
FIXED INCOME OCT 26, 2020
Bond defaults mean almost total losses in new era of bankruptcies

Bondholders are getting back just a few cents on the dollar as a result of weakened covenants, explosion in corporate debt

By Bloomberg
Why are advice firms still trying to ride a bull market?
PRACTICE MANAGEMENT OCT 26, 2020
Why are advice firms still trying to ride a bull market?

The industry is overly dependent on the markets for revenue growth, according to an InvestmentNews pricing study

By Jeff Benjamin
Sustainable debt market becoming unsustainable
FIXED INCOME OCT 22, 2020
Sustainable debt market becoming unsustainable

The European Union's first social bond was vastly oversubscribed, suggesting the market for such securities is underserved

By Bloomberg
Fiduciary insurance costs soar amid new 401(k) litigation
RETIREMENT PLANNING OCT 21, 2020
Fiduciary insurance costs soar amid new 401(k) litigation

It is arguably a scary time to be a retirement plan sponsor, and many might forgo liability coverage

By Emile Hallez
New 60/40 portfolio substitutes riskier hedges for U.S. debt
FIXED INCOME OCT 20, 2020
New 60/40 portfolio substitutes riskier hedges for U.S. debt

Some managers are exploring other investments, ranging from options to currencies, to provide the protection that traditionally came from Treasuries

By Bloomberg
Investment Company Institute appoints Eric Pan chief executive
MUTUAL FUNDS OCT 20, 2020
Investment Company Institute appoints Eric Pan chief executive

Former SEC, CFTC official puts mutual fund disclosure, ESG policy at top of agenda

By Mark Schoeff Jr.
Speculators reverse big Nasdaq short
EQUITIES OCT 19, 2020
Speculators reverse big Nasdaq short

The buying comes after hedge funds had driven net short bets to the highest level since before the financial crisis

By Bloomberg
Fidelity on pace to dominate HSA business
RETIREMENT PLANNING OCT 16, 2020
Fidelity on pace to dominate HSA business

Since 2016, Fidelity’s market share more than doubled, according to a recent Morningstar report

By Emile Hallez
Addressing women's longevity gap
RETIREMENT PLANNING OCT 16, 2020
Addressing women's longevity gap

Advisers can help couples prepare today for survivorship and health care costs

By Mary Beth Franklin
401(k) plans should allow cross selling: Report
RETIREMENT PLANNING OCT 15, 2020
401(k) plans should allow cross selling: Report

Hearts & Wallets report finds participants want advice that their employer-sponsored plans simply can't provide

By Emile Hallez
Value stocks could shine after the election
EQUITIES OCT 15, 2020
Value stocks could shine after the election

Citigroup analyst says the shift could occur no matter who's elected

By Bloomberg
New asset manager tests adviser appetite for targeted ETFs
MUTUAL FUNDS OCT 15, 2020
New asset manager tests adviser appetite for targeted ETFs

Gabriel Hammond's latest venture is setting its sights on private markets

By Jeff Benjamin
Savings in DC plans increase, but outcomes remain 'bleak'
RETIREMENT PLANNING OCT 13, 2020
Savings in DC plans increase, but outcomes remain 'bleak'

Only the top 40% of near-retirement 401(k) participants by income have enough saved for retirement

By Emile Hallez
A record $170 billion flooded into bond ETFs this year
MUTUAL FUNDS OCT 13, 2020
A record $170 billion flooded into bond ETFs this year

The Fed's March announcement that it would buy corporate debt ETFs served as a stamp of approve for the sector

By Bloomberg
David Lerner Associates' liabilities  keep growing
FIXED INCOME OCT 12, 2020
David Lerner Associates' liabilities keep growing

The broker-dealer reported a 'negative net worth' of $22 million last year

By Bruce Kelly
Salesforce 401(k) suit dismissal a reprieve amid much litigation
RETIREMENT PLANNING OCT 12, 2020
Salesforce 401(k) suit dismissal a reprieve amid much litigation

A federal judge tossed the excessive-fee claims, though they will likely be refiled

By Emile Hallez
ETF price wars may resume
MUTUAL FUNDS OCT 12, 2020
ETF price wars may resume

Big new entrants to the exchange-traded fund market are rolling out funds with low expense ratios

By Bloomberg
Private Wealth Adviser goes international
EMERGING MARKETS OCT 12, 2020
Private Wealth Adviser goes international

Thanks to the reach our parent company provides, this issue marks the first time we could incorporate a global outlook

By George Moriarty