Investing

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Schwab, Fidelity expand commission-free ETF trading
ETFS FEB 12, 2019
Schwab, Fidelity expand commission-free ETF trading

Both will now offer more than 500 exchange-traded funds on a commission-free basis.

By Jeff Benjamin
Zero-fee ETFs are the elephant in the room at industry summit
MUTUAL FUNDS FEB 11, 2019
Zero-fee ETFs are the elephant in the room at industry summit

ETF fees have fallen, but so far no providers have matched Fidelity's offer of free mutual funds

By Bloomberg
The true cost of passive investing
MUTUAL FUNDS FEB 11, 2019
The true cost of passive investing

Investors need an active money manager for one simple reason: to protect them from themselves

By Scott Schermerhorn
Jackson National looks to expand distribution of fee-only annuities
RIA NEWS FEB 11, 2019
Jackson National looks to expand distribution of fee-only annuities

Insurer partners with DPL Financial's insurance network to distribute annuity products through independent RIAs.

By Greg Iacurci
WisdomTree said to have explored sale to JPMorgan Chase
MUTUAL FUNDS FEB 11, 2019
WisdomTree said to have explored sale to JPMorgan Chase

Discussions ended in December because the parties couldn't agree on a price.

By Bloomberg
Legg Mason to close a quarter of its ETFs
MUTUAL FUNDS FEB 08, 2019
Legg Mason to close a quarter of its ETFs

The firm is shutting three funds next month following a review of its product lineup.

By Bloomberg
Stock pickers are excited as passive funds shed $16 billion
EMERGING MARKETS FEB 08, 2019
Stock pickers are excited as passive funds shed $16 billion

Investors are moving out of ETFs to buy single stocks, with active bets seen as the key to outperformance.

By Bloomberg
Fidelity adds bond, multi-asset choices to model portfolios
FIXED INCOME FEB 07, 2019
Fidelity adds bond, multi-asset choices to model portfolios

These are the first models to include exchange-traded funds.

By InvestmentNews
Great-West Life taps Edmund Murphy to succeed Robert Reynolds as CEO
LIFE INSURANCE AND ANNUITIES FEB 07, 2019
Great-West Life taps Edmund Murphy to succeed Robert Reynolds as CEO

Reynolds becomes chairman of Great-West Lifeco US

By InvestmentNews
Annuities group signs up for Rolling Stones tour
LIFE INSURANCE AND ANNUITIES FEB 07, 2019
Annuities group signs up for Rolling Stones tour

The Alliance for Lifetime Income will be sole sponsor of the band's shows in the U.S. this year.

By InvestmentNews
Retirement savings bill re-introduced in House with bipartisan backing
RETIREMENT PLANNING FEB 06, 2019
Retirement savings bill re-introduced in House with bipartisan backing

RESA measure would help small businesses offer 401(k) plans, ease use of annuities.

By Mark Schoeff Jr.
Genworth diverts $327 million to shore up long-term-care insurance
RETIREMENT PLANNING FEB 06, 2019
Genworth diverts $327 million to shore up long-term-care insurance

Firm also raised premiums an average 53% last year through the third quarter for some policyholders.

By Greg Iacurci
Vanguard defends the value of active bond funds
OPINION FEB 06, 2019
Vanguard defends the value of active bond funds

When it comes to fixed income, active management helps investors avoid the inherent biases of bond indexes.

By Brian Chappatta
Trump State of the Union: What advisers want to hear
RETIREMENT PLANNING FEB 05, 2019
Trump State of the Union: What advisers want to hear

Some say he should take credit for the economy, others want him to reach across the aisle on taxes and health care.

By Mark Schoeff Jr.
Why muni bond dealers welcome the tax-the-rich push
FIXED INCOME FEB 04, 2019
Why muni bond dealers welcome the tax-the-rich push

State and local government bonds tend to outperform when taxes are rising.

By Bloomberg
Bill Gross retires after four-decade career in bonds
FIXED INCOME FEB 04, 2019
Bill Gross retires after four-decade career in bonds

His returns at Janus failed to live up to his stellar long-term record at Pimco.

By Bloomberg
Planning potholes and banana peels
RETIREMENT PLANNING FEB 04, 2019
Planning potholes and banana peels

Market volatility can pave the way for more important conversations than those beating the market and reducing your fees.

By Steve Gresham
Hedge fund creates the ultimate tax-free IRA for employees
RETIREMENT PLANNING FEB 01, 2019
Hedge fund creates the ultimate tax-free IRA for employees

Renaissance Technologies workers have seen their Roth IRA holdings in its Medallion Fund grow eight-fold in five years.

By Bloomberg
Bond titan blasts 'misguided' bet that Fed hikes are over
FIXED INCOME FEB 01, 2019
Bond titan blasts 'misguided' bet that Fed hikes are over

Franklin Templeton's Sonal Desai sees two more rate hikes this year, citing the U.S. economy's continued strength.

By Bloomberg
Vanguard shutters $1 billion mutual fund
RIA NEWS JAN 03, 2019
Vanguard shutters $1 billion mutual fund

Convertible securities fund to be liquidated because it attracted the wrong kind of investors.

By Jeff Benjamin