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DOL's stance on ESG in 401(k)s could be difficult to undo
RETIREMENT PLANNING JUN 25, 2020
DOL's stance on ESG in 401(k)s could be difficult to undo

Only 0.1% of plan assets are in ESG-specific funds, but many, if not most, investment products have integrated ESG criteria

By Emile Hallez
DOL proposal could chill the use of ESG in retirement funds
RETIREMENT PLANNING JUN 24, 2020
DOL proposal could chill the use of ESG in retirement funds

The agency argued a fiduciary responsibility involves focusing solely on returns for participants

By Mark Schoeff Jr.
Finra expels broker-dealer, but owner explores an appeal
ALTERNATIVES JUN 24, 2020
Finra expels broker-dealer, but owner explores an appeal

Sandlapper Securities may have some fight left, says CEO Trevor Gordon

By Bruce Kelly
ETNs face crisis of confidence
ETFS JUN 23, 2020
ETNs face crisis of confidence

Credit Suisse’s decision to delist nine exchange-traded notes worth nearly $3 billion points to an existential crisis in this sector of the ETF market

By Bloomberg
TSP doubles target-date options for federal workers
RETIREMENT PLANNING JUN 23, 2020
TSP doubles target-date options for federal workers

Participants in the $557 billion Thrift Savings Plan will have many more target-date vintages available to them starting in July

By Emile Hallez
Leading with ethics, in person and online
OPINION JUN 23, 2020
Leading with ethics, in person and online

A recent study found advisers with more ethics training are one-fourth less likely to participate in unethical behaviors

By Keith Harder
BNY, Wilshire roll out small-plan custom TDF option for advisers
RETIREMENT PLANNING JUN 23, 2020
BNY, Wilshire roll out small-plan custom TDF option for advisers

The product includes five glide paths and can include investment options that are already on plan menus

By Emile Hallez
Rising global risks could challenge market exuberance
EQUITIES JUN 23, 2020
Rising global risks could challenge market exuberance

Threats to the equity rally include a COVID second wave, U.S.-China tensions and the prospect that central banks will wind down their stimulus efforts

By Bloomberg
Credit Suisse to delist exchange-traded note that's up 200% this year
ETFS JUN 22, 2020
Credit Suisse to delist exchange-traded note that's up 200% this year

Bank is axing a total of nine ETNs, most of which are leveraged

By Bloomberg
The push to allow CITs in 403(b)s
RETIREMENT PLANNING JUN 22, 2020
The push to allow CITs in 403(b)s

A bipartisan bill to amend the Internal Revenue Code hints at more attention to the issue, according to a report from Morningstar

By Emile Hallez
Why the Fed pays ETF trading commissions when small investors don't
ETFS JUN 22, 2020
Why the Fed pays ETF trading commissions when small investors don't

There's more to the so-called free trades than meets the eye

By Jeff Benjamin
Opening defined-contribution plans to private equity is a mistake
OPINION JUN 21, 2020
Opening defined-contribution plans to private equity is a mistake

U.S. regulators dropped the ball in a recent letter clarifying that regulations do not prohibit the use of private equity funds in 401(k) plans

By InvestmentNews
Don’t conflate diversity and ESG
PRACTICE MANAGEMENT JUN 21, 2020
Don’t conflate diversity and ESG

For the financial advice community, achieving diversity represents its future

By George Moriarty
Outlook for the economy remains cloudy
EQUITIES JUN 21, 2020
Outlook for the economy remains cloudy

Massive stimulus efforts may not be enough to overcome the challenges posed by high unemployment, damage to small businesses

By Jeff Benjamin
Borzi challenges SEC to use Reg BI to attack revenue sharing conflicts
MUTUAL FUNDS JUN 19, 2020
Borzi challenges SEC to use Reg BI to attack revenue sharing conflicts

The architect of the DOL fiduciary rule remains skeptical of the SEC measure

By Mark Schoeff Jr.
New virus-themed ETF trades under ticker GERM
MUTUAL FUNDS JUN 19, 2020
New virus-themed ETF trades under ticker GERM

The fund's biggest holding is Moderna, whose stock price has more than tripled this year on news about vaccine it's developing

By Bloomberg
BlackRock rolls out six ESG ETFs
ESG JUN 18, 2020
BlackRock rolls out six ESG ETFs

The funds' debut follows BlackRock CEO Larry Fink's pledge in January to increase sustainable ETF offerings

By Bloomberg
Wells Fargo sells $3 billion alternatives platform to iCapital
ALTERNATIVES JUN 18, 2020
Wells Fargo sells $3 billion alternatives platform to iCapital

Following an industry trend, the bank will leverage iCapital's technology to offer a white-label platform to clients

By Jeff Benjamin
Labor Department gathers information on how retirement plans use ESG funds
RETIREMENT PLANNING JUN 17, 2020
Labor Department gathers information on how retirement plans use ESG funds

The agency is likely collecting data to shape a proposed rule on investment selection

By Mark Schoeff Jr.
On the record
MUTUAL FUNDS JUN 17, 2020
On the record

InvestmentNews’ Jeff Benjamin leads a roundtable discussion with mutual fund managers who forecast unrest through 2020

By InvestmentNews