Investing

Displaying 17247 results
Legislation lets funds delay redemptions if transfer involves senior abuse
RETIREMENT PLANNING JAN 31, 2023
Legislation lets funds delay redemptions if transfer involves senior abuse

The bill sails through House, 419-0, on a fast track. Its author, Rep. Ann Wagner, R-Mo., hopes the Senate acts this time around.

By Mark Schoeff Jr.
BNY Mellon plans to launch ETF focusing on innovation space
ETFS JAN 31, 2023
BNY Mellon plans to launch ETF focusing on innovation space

The BNY Mellon Innovators ETF will invest in innovation-driven companies, which are considered to be ‘leading-edge’ firms.

By Bloomberg
AIG interim CFO Lyons fired over confidentiality breach
LIFE INSURANCE AND ANNUITIES JAN 31, 2023
AIG interim CFO Lyons fired over confidentiality breach

Sabra Purtill succeeds Lyons as the insurer's interim CFO, while Turab Hussain was named interim chief actuary.

By Bloomberg
Plan sponsors, participants agree on value of guaranteed income options
RETIREMENT PLANNING JAN 30, 2023
Plan sponsors, participants agree on value of guaranteed income options

A growing number of defined-contribution retirement plan participants are seeking guaranteed lifetime income products, according to a report from Greenwald Research.

By Gregg Greenberg
BNY Mellon, Wall Street firms find the lure of crypto too strong to resist
ALTERNATIVES JAN 30, 2023
BNY Mellon, Wall Street firms find the lure of crypto too strong to resist

Despite all that’s gone wrong in the industry, the world’s largest custodian bank and other financial giants are hoping to expand in crypto.

By Bloomberg
Finra bars ex-UBS broker in Texas who sold phony annuities
ALTERNATIVES JAN 30, 2023
Finra bars ex-UBS broker in Texas who sold phony annuities

According to Robert Earl Turner's BrokerCheck profile, UBS has settled six disputes with his customers for close to $12 million.

By Bruce Kelly
Rally in gold revives debate over allocations to the precious metal
EQUITIES JAN 30, 2023
Rally in gold revives debate over allocations to the precious metal

Up 17% over the past three months, gold is turning heads as a potential hedge.

By Jeff Benjamin
More advisors are jumping on the bitcoin bandwagon
ALTERNATIVES JAN 27, 2023
More advisors are jumping on the bitcoin bandwagon

With the cryptocurrency's price up 40% so far this year, a new report shows a doggedly bullish outlook among investors and advisors willing to look past extreme volatility.

By Jeff Benjamin
ChatGPT’s ability to make a market-beating ETF is put to the test
FINTECH JAN 27, 2023
ChatGPT’s ability to make a market-beating ETF is put to the test

The AI tool explains that the market is too unpredictable to design such a fund, while warning about the need to pick investments that align with goals and risk tolerance.

By Bloomberg
ESG debt pile barreling toward $5 trillion 
FIXED INCOME JAN 27, 2023
ESG debt pile barreling toward $5 trillion 

The Institute of International Finance forecasts a rebound in environmental, social bond issuance.

By Bloomberg
2022 saw an annuity explosion: Limra
LIFE INSURANCE AND ANNUITIES JAN 27, 2023
2022 saw an annuity explosion: Limra

Total annuity sales surged to $310.6 billion last year, a 22% spike from 2021 results and 17% above the record set in 2008.

By Gregg Greenberg
Portfolio manager providing retirement investors diversification, defense
RETIREMENT PLANNING JAN 26, 2023
Portfolio manager providing retirement investors diversification, defense

Fund manager Michael Cuggino talks about the value that asset classes like precious metals and real estate can provide.

By Gregg Greenberg
Cetera to buy Securian’s wealth business
INDEPENDENT BROKER DEALERS JAN 25, 2023
Cetera to buy Securian’s wealth business

The deal will bring Cetera more than 1,000 advisors with $24.8 billion in assets under management and $47.4 billion in assets under administration.

By InvestmentNews
Popular 401(k) funds off to strong start in 2023
RETIREMENT PLANNING JAN 25, 2023
Popular 401(k) funds off to strong start in 2023

After tanking in 2022, some of the biggest actively managed funds in 401(k)s are outperforming thanks to a comeback in tech stocks.

By Bloomberg
Morgan Stanley's ETF debut strikes chord with fees, tests market with ESG focus
ETFS JAN 25, 2023
Morgan Stanley's ETF debut strikes chord with fees, tests market with ESG focus

Nearly a year after it announced plans to enter the ETF space, the wirehouse is banking on its Calvert brand to carry the day.

By Jeff Benjamin
Wisconsin advisor pulled $1.9 million fraud on clients
ALTERNATIVES JAN 25, 2023
Wisconsin advisor pulled $1.9 million fraud on clients

The advisor, Anthony B. Liddle, 40, was barred from the securities industry last June by the Financial Industry Regulatory Authority Inc.

By Bruce Kelly
Does the 60/40 rule need revising given the surge in alts?
ALTERNATIVES JAN 25, 2023
Does the 60/40 rule need revising given the surge in alts?

At a panel at FSI OneVoice, one speaker suggested the revised math for portfolios could wind up in the neighborhood of 55% stocks, 35% bonds and 10% alternative investments.

By Bruce Kelly
Bloomberg pays $5 million to settle SEC charges regarding fixed-income valuations
FIXED INCOME JAN 23, 2023
Bloomberg pays $5 million to settle SEC charges regarding fixed-income valuations

The agency alleged that from 2016 through last October, the company's BVAL failed to disclosed that valuations could be based on a single data input, rather than other methodologies it presented.

By Ryan W. Neal
New software aims to reduce risk in target-date funds
RETIREMENT PLANNING JAN 23, 2023
New software aims to reduce risk in target-date funds

Soteria blends personalized safe-landing target-date fund glide paths with the personalization of managed accounts.

By Gregg Greenberg
SPY celebrates birthday, marking 30 years of ETFs
MUTUAL FUNDS JAN 23, 2023
SPY celebrates birthday, marking 30 years of ETFs

Here are some key events in the evolution of exchange-traded funds as the SPDR S&P 500 ETF hits 30.

By InvestmentNews