Investing

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New ETF firm wants to shake up fixed-income investing
ETFS OCT 07, 2021
New ETF firm wants to shake up fixed-income investing

BondBloxx, founded by a group of former BlackRock executives, will offer fixed-income exchange-traded funds that target specific industry sectors.

By Bloomberg
Invesco rolls out two crypto-flavored ETFs
ALTERNATIVES OCT 07, 2021
Invesco rolls out two crypto-flavored ETFs

The two exchange-traded funds focused on digital assets and blockchain are being offered in partnership with Galaxy Digital Holdings.

By Bloomberg
BlackRock lands clients for its 401(k) annuity product
RETIREMENT PLANNING OCT 07, 2021
BlackRock lands clients for its 401(k) annuity product

The retirement plan sponsors that have signed on for the new service, which mixes target-date funds and annuities, collectively represent more than $7.5 billion in plan assets.

By Emile Hallez
ESG space should welcome the regulatory spotlight
ETFS OCT 06, 2021
ESG space should welcome the regulatory spotlight

Support from corporate executives and slick marketing is no match for rules and regulation when it comes to managing sustainable portfolios.

By Jeff Benjamin
SEC will ensure Reg BI fulfills best-interest promise: Gensler
ALTERNATIVES OCT 05, 2021
SEC will ensure Reg BI fulfills best-interest promise: Gensler

Rep. Ann Wagner, R-Mo., raised concerns about what Gensler's recent hiring of Barbara Roper means for the future of the Regulation Best Interest standard of conduct.

By Mark Schoeff Jr.
Annuity targeting RIAs applies living benefit to separate fund, ETF portfolios
RIA NEWS OCT 05, 2021
Annuity targeting RIAs applies living benefit to separate fund, ETF portfolios

RetireOne's contingent deferred annuity for the registered investment adviser market includes about 200 mutual funds, ETFs and model portfolios.

By Emile Hallez
Barred adviser to fight elderly theft charges in court
LIFE INSURANCE AND ANNUITIES OCT 05, 2021
Barred adviser to fight elderly theft charges in court

Jeffrey Dampf was barred from the securities industry last week for not cooperating in Finra's investigation of allegations that he stole money from elderly clients.

By Bruce Kelly
Prudential reorganizes retirement business
RETIREMENT PLANNING OCT 05, 2021
Prudential reorganizes retirement business

After striking a deal to sell a large part of its retirement business to Empower, the company is creating one unit, Prudential Retirement Strategies, to serve institutional and individual customers.

By InvestmentNews
Few are prepared for long-term care costs
RETIREMENT PLANNING OCT 05, 2021
Few are prepared for long-term care costs

Families continue to provide the bulk of unpaid care, according to a new report that estimates more than one-third of individuals don't have the resources for even a year of minimal care.

By Mary Beth Franklin
Crypto gains appeal as inflation hedge
ALTERNATIVES OCT 05, 2021
Crypto gains appeal as inflation hedge

Research shows that investors in digital currencies also see inflation as a longer-term reality.

By Jeff Benjamin
Trader who blew up IFS Securities charged with fraud
PRACTICE MANAGEMENT OCT 04, 2021
Trader who blew up IFS Securities charged with fraud

The trader, Keith Wakefield, was charged with one count of securities fraud, which carries a maximum sentence of one year in prison.

By Bruce Kelly
The rise of insurtech
OPINION OCT 04, 2021
The rise of insurtech

Just 10 years ago, there was little crossover between securities and insurance, as insurance agents, health insurance agents and Wall Street advisers traditionally stayed in separate lanes. But that has started to change.

By Arron Price
ESG investors expect outperformance, still worry about greenwashing
RIA NEWS SEP 30, 2021
ESG investors expect outperformance, still worry about greenwashing

Schroders report shows that American investors in particular now view performance as the best attribute of ESG strategies.

By Jeff Benjamin
On a hiring spree? Retirement income could help lure workers
RETIREMENT PLANNING SEP 29, 2021
On a hiring spree? Retirement income could help lure workers

About 70% of people surveyed said they would choose a job with that feature over a similar one without it, according to a survey by TIAA.

By Emile Hallez
Annuity sales reach near-record in second quarter
RETIREMENT PLANNING SEP 28, 2021
Annuity sales reach near-record in second quarter

Sales hit $68.2 billion, up by 40% from the second quarter of 2020, according to the Secure Retirement Institute.

By Emile Hallez
Vanguard lowers expenses by merging target-date funds
MUTUAL FUNDS SEP 28, 2021
Vanguard lowers expenses by merging target-date funds

The expense ratios will drop from an average of 12 basis points to 8 basis points.

By InvestmentNews
Soccer is the next big thing for hedge funds and private equity
ALTERNATIVES SEP 28, 2021
Soccer is the next big thing for hedge funds and private equity

European soccer has always been desperate for cash, but that’s grown more acute after the pandemic kept crowds away from stadiums and left some of the continent’s biggest and most successful clubs with eye-watering debt.

By Bloomberg
Motley Fool to convert its mutual funds into ETFs
EQUITIES SEP 28, 2021
Motley Fool to convert its mutual funds into ETFs

The two mutual funds that combine for more than $1 billion in assets will be transformed into an ETF later this year. Bloomberg Intelligence expects $1 trillion worth of such switches to take place over the next 10 years.

By Jeff Benjamin
Fidelity opens adviser access to fractional shares
EQUITIES SEP 28, 2021
Fidelity opens adviser access to fractional shares

Two years after making fractional shares available to retail investors, Fidelity is responding to demand from advisers to work with smaller accounts and further customize portfolios.

By Jeff Benjamin
Managing operational risks at growing advisory firms
OPINION SEP 27, 2021
Managing operational risks at growing advisory firms

As changes bring about increased risks, RIAs need to recognize that insurance is a vital component of their risk management strategy.

By Ian Muir