The fund is now making more money than any other product in the $4.6 trillion U.S. ETF market
Many comment letters voiced opposition to the rule, stating that the proposed restrictions within 401(k)s would hurt investors and could lead to more lawsuits
The DOL's proposal on using ESG investments in retirement plans could remind advocates of sustainable finance of the work still to be done
The exchange-traded fund industry has suddenly attracted large asset managers that have until recently shunned the business
Unable to keep pace with a passive index, the 20-year-old active value fund has run its course
The adaptation of SPY will include firms in the S&P 500 index that meet environmental, social and governance criteria
The wirehouse will become the latest major asset managers to enter the fray
Effort highlights agency’s teacher initiative, but expert calls it ‘slap on wrist’
An index rebalancing mishap has lead to the wholesale change of the portfolio management team
The company serves as a fund administrator for Pimco, Centerbridge and other money managers
The DOL proposal likely would chill the use of socially responsible investments in retirement accounts; the SEC focuses on disclosure
The less-flashy precious metal may have more room to run, according to analysts
Research shows index ETFs vote with management 90% of the time
The Investment Company Institute is leading an effort to come up with definitions of the various approaches to sustainable investing
The proposal fails to account for evidence that long-term investors, like retirees, are likely to earn better returns
The Broadridge affiliate has not filed notices required by the DOL, plaintiffs in a class-action lawsuit claim
But there is little consensus on how to do so, according to comment letters submitted this week to the regulator
The precious metal is uniquely suited to hedge the disruptions of 2020
Deposits at commercial banks have risen 18% this year, to a record $15.6 trillion, and money-market fund assets are almost $1 trillion higher than before the pandemic
Some TDFs that limited losses during the market dive early in the year came out on top, an analysis of Morningstar Direct data shows
