Pandemic conditions make acting in clients’ interests even more important, Jay Clayton says
Defined-contribution plans generally place more emphasis on stock funds than fixed-income options
Its move follows Direxion's April announcement of a 'work-from-home' fund
The Secondary Market Corporate Credit Facility is one of nine emergency lending programs the Fed has announced since mid-March
At least four lawsuits involving plans with more than $1 billion have been filed over the past few weeks
The radio special, which will be broadcast on stations in six cities, will raise money for pandemic relief efforts
The stock market's rally came to a screeching halt Thursday amid worries about the economy and a second wave of coronavirus infections
The trend toward lower fees saved investors nearly $6 billion last year, according to data from Morningstar
DoubleLine executive's comments come as the spread between 5- and 30-year Treasury yields hits its steepest level since 2016
Consumers are interested in guaranteed income products, but not when they're called annuities
Among U.S. respondents, 27% say they own digital assets, up from 22% a year ago
There's considerable overlap in the types of defined-contribution plans the two companies serve, particularly in the Taft-Hartley, government and nonprofit areas
The financial services firm sold its OppenheimerFunds business a couple of years ago
More than a dozen college-savings plans now include at least one investment option following environment, social and governance criteria
The firm's strategists say that with the U.S. economy improving, 10-year Treasury rates will become a key driver
The Fed reported late last month that it had purchased some $1.3 billion of exchange-traded funds, including $223 million of high-yield bond ETFs
Very few plans include investments that use PE, and guidance this week from the Labor Department might not change that.
The brokerage reimbursed customers a year ago, earning a break on sanctions for cooperation
The asset manager will use Precidian Investments' ActiveShares model
Eight years after it launched its first European ETFs, the giant asset manager has less than 6% of the market, compared with BlackRock's 45%
