Investing

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Guggenheim said to consider sale of asset management unit
FIXED INCOME JUN 21, 2018
Guggenheim said to consider sale of asset management unit

Transaction could involve Guggenheim taking on Munich Re's asset management unit

By Bloomberg
Walgreens to replace GE on the Dow
EQUITIES JUN 21, 2018
Walgreens to replace GE on the Dow

General Electric was the last original Dow member, a spot it held for more than 100 years.

By Bloomberg
Celebrated investor Jim Rogers launches ETF
EMERGING MARKETS JUN 21, 2018
Celebrated investor Jim Rogers launches ETF

The perennially bearish Rogers will look for volatility trends, aided by artificial intelligence.

By John Waggoner
Minnesota charges financial planner with fraud costing investors $200,000
LIFE INSURANCE AND ANNUITIES JUN 21, 2018
Minnesota charges financial planner with fraud costing investors $200,000

Lisa Marie Schurhammer said to have engaged in phony annuity and gold sales.

By Bloomberg
Americans still have no emergency savings, poll finds
MUTUAL FUNDS JUN 20, 2018
Americans still have no emergency savings, poll finds

Despite stronger economy, 1 in 4 of the highest-income households either have no emergency savings or just enough to cover less than three months.

By Bloomberg
Alternatives in target-date funds can increase retirement income, lower risk: report
MUTUAL FUNDS JUN 20, 2018
Alternatives in target-date funds can increase retirement income, lower risk: report

Georgetown report also notes diversification of TDFs requires education for participants and oversight by plan sponsors.

By James Comtois
Concerns about trade war play out in ETF flows
ETFS JUN 20, 2018
Concerns about trade war play out in ETF flows

Investors are hell-bent on industrials-to-small-caps rotation trade

By Bloomberg
ETrade adds 32 Vanguard ETFs to its no-transaction-fee platform
ETFS JUN 20, 2018
ETrade adds 32 Vanguard ETFs to its no-transaction-fee platform

Also adds ETFs from iShares, Direxion and others

By John Waggoner
Mutual funds feel the pinch of platform fees
MUTUAL FUNDS JUN 20, 2018
Mutual funds feel the pinch of platform fees

No-transaction-fee options are a big hit with investors, but funds wind up paying the costs — and passing them on.

By John Waggoner
MetLife, Brighthouse sued for $500 million over missing pensioners
RETIREMENT PLANNING JUN 20, 2018
MetLife, Brighthouse sued for $500 million over missing pensioners

Lawsuit claims insurers 'betrayed' thousands of pension plan participants and beneficiaries.

By Greg Iacurci
Younger millionaires want advice on cryptocurrency
ALTERNATIVES JUN 19, 2018
Younger millionaires want advice on cryptocurrency

More than 70% of those under 40 want their wealth managers to discuss the subject.

By Bloomberg
Vanguard research reframes retiree health care as annual expense
RETIREMENT PLANNING JUN 19, 2018
Vanguard research reframes retiree health care as annual expense

Says viewing health costs as a staggering lump sum impedes action and planning.

By Bloomberg
Trump administration will let small businesses offer cheaper health plans
RETIREMENT PLANNING JUN 19, 2018
Trump administration will let small businesses offer cheaper health plans

Association health plans would lack some of the protections required under Obamacare.

By Bloomberg
BlackRock to close 16 smart-beta, multifactor ETFs
ETFS JUN 19, 2018
BlackRock to close 16 smart-beta, multifactor ETFs

Closures occur as the company puts more emphasis on factor investing.

By Bloomberg
Small-cap stocks unfazed by trade tensions
MUTUAL FUNDS JUN 19, 2018
Small-cap stocks unfazed by trade tensions

But an all-out trade war could change everything

By John Waggoner
401(k) fund fees continue to fall
RETIREMENT PLANNING JUN 19, 2018
401(k) fund fees continue to fall

Equity and bond fund fees down more than 45% from the early 2000s.

By Greg Iacurci
Should investment advisers be put on a pedestal when it comes to advice standards?
MUTUAL FUNDS JUN 19, 2018
Should investment advisers be put on a pedestal when it comes to advice standards?

Former SEC chairwoman Elisse Walter says their fiduciary duty is largely about disclosing conflicts, not eliminating them.

By Mark Schoeff Jr.
LPL rolls out blockchain separately managed account
ALTERNATIVES JUN 18, 2018
LPL rolls out blockchain separately managed account

Separately managed account invests in stocks of companies that use the distributed ledger system.

By John Waggoner
RETIREMENT PLANNING JUN 15, 2018
Fidelity cuts target-date fund fees

Competition is heating up among asset managers.

By Bloomberg
MUTUAL FUNDS JUN 14, 2018
Cash floods into money market funds

Short-term debt funds are flourishing because they finally pay something.

By Bloomberg