Investing

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Ex-Next Financial rep charged by Galvin with overselling REITs
ALTERNATIVES JUL 20, 2020
Ex-Next Financial rep charged by Galvin with overselling REITs

The Secretary of the Commonwealth of Massachusetts takes another swipe at sales of high-priced products

By Bruce Kelly
New York state legislature considers tax on stock trades
EQUITIES JUL 20, 2020
New York state legislature considers tax on stock trades

The pandemic has left the state facing a projected four-year deficit of $61 billion

By Bloomberg
New bond ETF offers weekly payouts
ETFS JUL 20, 2020
New bond ETF offers weekly payouts

TGIF is the ticker for the exchange-traded fund, which will distribute cash each Friday

By Bloomberg
Senate Democrats ask DOL to back off ESG rule
RETIREMENT PLANNING JUL 17, 2020
Senate Democrats ask DOL to back off ESG rule

The proposed restrictions on environmental, social and governance funds in 401(k)s would perpetuate racial discrimination, a group of lawmakers wrote

By Emile Hallez
American Century doubles down on semitransparent ETF lineup with ESG versions
ETFS JUL 17, 2020
American Century doubles down on semitransparent ETF lineup with ESG versions

The jury is still out on whether financial advisers will buy into the unique new fund wrapper

By Jeff Benjamin
More active ETFs are launching than passive
ETFS JUL 17, 2020
More active ETFs are launching than passive

So far this year, 68 active exchange-traded funds have started trading, compared with 63 passive ones

By Bloomberg
How to respond to a long-term care premium hike
RETIREMENT PLANNING JUL 16, 2020
How to respond to a long-term care premium hike

Weighing policy options to maintain coverage at an affordable price

By Mary Beth Franklin
BlackRock expects bond ETF assets to hit $2 trillion by 2024
MUTUAL FUNDS JUL 16, 2020
BlackRock expects bond ETF assets to hit $2 trillion by 2024

Institutional investors like insurance companies and pension funds learned to appreciate bond ETFs amid the volatility in March

By Bloomberg
ETF that paid people to invest has started to charge
ETFS JUL 15, 2020
ETF that paid people to invest has started to charge

The exchange-traded fund industry's fee war may be running out of steam

By Bloomberg
Hedge fund manager predicts gold will top $3,000 an ounce
ALTERNATIVES JUL 15, 2020
Hedge fund manager predicts gold will top $3,000 an ounce

The head of the $450 million Quadriga Igneo fund says unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction

By Bloomberg
Advisers should aspire to the endowment investment model
ALTERNATIVES JUL 14, 2020
Advisers should aspire to the endowment investment model

There are benefits for advisers that create more than just a balanced portfolio for clients

By Jeff Benjamin
Lawmakers press Robinhood about investor protections on trading platform
ALTERNATIVES JUL 13, 2020
Lawmakers press Robinhood about investor protections on trading platform

Letter from Capitol Hill says the firm ‘must do better’ in the wake of the suicide of a user

By Mark Schoeff Jr.
Robinhood adds another $320 million in funding
ALTERNATIVES JUL 13, 2020
Robinhood adds another $320 million in funding

The latest round of investments boosts the online trading app's valuation to $8.6 billion

By Bloomberg
Wall Street benefits from Fed's support for corporate debt
FIXED INCOME JUL 13, 2020
Wall Street benefits from Fed's support for corporate debt

Fees for underwriting investment-grade bonds doubled in the first half

By Bloomberg
SEC proposes easing reporting requirements for funds
ALTERNATIVES JUL 13, 2020
SEC proposes easing reporting requirements for funds

Funds would be required to report holdings quarterly if they have at least $3.5 billion of equities, up from the current threshold of $100 million

By Bloomberg
‘Lost and found’ 401(k) bill is good for the advice industry
OPINION JUL 12, 2020
‘Lost and found’ 401(k) bill is good for the advice industry

While not exactly novel, the legislation is a sound first step toward getting Main Street investors the tools they need

By InvestmentNews
COVID-19 puts alternatives back in the mainstream
ALTERNATIVES JUL 12, 2020
COVID-19 puts alternatives back in the mainstream

The new normal is reigniting conversations around the potential for alternative investments to add diversity and hedge risk

By Jeff Benjamin
ETF providers struggle to steer institutional investors away from lower-cost retail funds
ETFS JUL 10, 2020
ETF providers struggle to steer institutional investors away from lower-cost retail funds

Large investors are giving up liquidity and tighter spreads for lower fees

By Jeff Benjamin
House funding bill would halt SEC proposal to expand access to private markets
ALTERNATIVES JUL 09, 2020
House funding bill would halt SEC proposal to expand access to private markets

Democratic legislators want the agency to collect data on the impact of promoting unregistered securities

By Mark Schoeff Jr.
Social distancing weighs on advice business: Survey
RIA NEWS JUL 09, 2020
Social distancing weighs on advice business: Survey

Prospecting is now more difficult, and advisers said they are less effective at selling products, a report from Limra and others shows

By Emile Hallez