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Market contagion tests China's resolve on Evergrande
EMERGING MARKETS SEP 20, 2021
Market contagion tests China's resolve on Evergrande

Investors Monday rushed to price in the risk that China will miscalculate as it moves to curb its property market excesses without derailing the economy.

By Bloomberg
RBC to pay SEC $800,000 for muni offering violations
FIXED INCOME SEP 17, 2021
RBC to pay SEC $800,000 for muni offering violations

The agency says the firm favored ‘flippers’ over institutional and retail clients when it allocated newly issued municipal bonds.

By InvestmentNews
Invesco reportedly in talks with State Street regarding asset management unit
ETFS SEP 17, 2021
Invesco reportedly in talks with State Street regarding asset management unit

The deal would be a big one, given that State Street Global Advisors, the bank's asset management unit, has about $4 trillion in assets.

By InvestmentNews
ETFs could lose key tax advantage
MUTUAL FUNDS SEP 16, 2021
ETFs could lose key tax advantage

Draft legislation from Senate Finance Committee Chairman Ron Wyden of Oregon would end a system of deferred taxes on capital gains linked to ETFs.

By Bloomberg
GPB sells top auto-dealership asset for $880 million
ALTERNATIVES SEP 16, 2021
GPB sells top auto-dealership asset for $880 million

The deal looks like a positive development for confused and cash-starved investors and financial advisers who sold the private placements.

By Bruce Kelly
SALT conference panel demystifies crypto custody concerns
ALTERNATIVES SEP 15, 2021
SALT conference panel demystifies crypto custody concerns

Crypto custodians must provide the same types of institutional infrastructure available to any other asset classes.

By Nicole Casperson
How crypto is attracting millennial millionaires to financial advice
ALTERNATIVES SEP 14, 2021
How crypto is attracting millennial millionaires to financial advice

SALT conference panelists say millennials' heightened interest in crypto investing comes amid the largest generational transfer of wealth.

By Nicole Casperson
Gensler defends ESG disclosures against Republican backlash
ALTERNATIVES SEP 14, 2021
Gensler defends ESG disclosures against Republican backlash

GOP senators assert that the SEC's effort to expand ESG reporting pushes a social policy agenda, while the SEC chair says agency is reacting to investors' demands for more information.

By Mark Schoeff Jr.
VanEck launches first sustainable muni ETF
MUTUAL FUNDS SEP 14, 2021
VanEck launches first sustainable muni ETF

Municipal bond exchange-traded funds have attracted a record amount of cash this year as investors try to shield income from potentially higher levies under the Biden administration.

By Bloomberg
ESG loyalty will be tested as performance starts to lag
EQUITIES SEP 14, 2021
ESG loyalty will be tested as performance starts to lag

A report shows that the ESG investment category 'got lucky' by benefiting from high-profile climate disasters.

By Jeff Benjamin
Jackson Financial completes separation from UK insurer Prudential
LIFE INSURANCE AND ANNUITIES SEP 13, 2021
Jackson Financial completes separation from UK insurer Prudential

The company's shares are expected to begin regular trading on the New York Stock Exchange on Sept. 20.

By InvestmentNews
Annuities are now a big business for PE firms
RETIREMENT PLANNING SEP 13, 2021
Annuities are now a big business for PE firms

Private equity firms' insurance companies accounted for more than 40% of all indexed annuity sales industrywide during the second quarter.

By Emile Hallez
iCapital offers digital currency investing via Grayscale
ALTERNATIVES SEP 13, 2021
iCapital offers digital currency investing via Grayscale

iCapital’s advisers can access digital currency investments for their clients through a Grayscale diversified market-cap weighted investment.

By Nicole Casperson
Tech platforms ease investing in alts
ALTERNATIVES SEP 13, 2021
Tech platforms ease investing in alts

Technology is opening up access to alternative investments, often getting around high minimums by combining multiple, smaller investments into a single fund.

By Jeff Benjamin
Alts may provide the lift 60-40 portfolios need
ALTERNATIVES SEP 13, 2021
Alts may provide the lift 60-40 portfolios need

As the traditional blend of stocks and bonds is undermined by persistently low interest rates, advisers are turning to alternative investments to achieve both higher returns and diversification. But alts pose their own challenges.

By Jeff Benjamin
Financial advisers hone their focus on ESG strategies
PRACTICE MANAGEMENT SEP 10, 2021
Financial advisers hone their focus on ESG strategies

As investor demand grows, advisers are realizing they need to step up their ESG game.

By Jeff Benjamin
Fund industry wants lower fees for document delivery
MUTUAL FUNDS SEP 09, 2021
Fund industry wants lower fees for document delivery

The Investment Company Institute says 25 cents per emailed document is excessive and hurts investors. Broadridge, a fintech firm that sends most proxies and other material to fund shareholders, asserts its system reduces costs for investors.

By Mark Schoeff Jr.
Northwestern rep overseeing $380 million goes indie with LPL
INDEPENDENT BROKER DEALERS SEP 09, 2021
Northwestern rep overseeing $380 million goes indie with LPL

John Vande Bossche leads the six-person team in Anaheim, California, that includes his wife, son and daughter.

By InvestmentNews
J.P. Morgan, AIG to offer annuity tool for 401(k) plans
RETIREMENT PLANNING SEP 09, 2021
J.P. Morgan, AIG to offer annuity tool for 401(k) plans

SmartRetirement Plus will pair J.P. Morgan's target-date funds with AIG's IncomEdge Control annuity to meet the needs of plan participants who would like to receive regular monthly income in retirement.

By InvestmentNews
Janus Henderson enters ESG field with five active ETFs
MUTUAL FUNDS SEP 09, 2021
Janus Henderson enters ESG field with five active ETFs

All of the asset manager's new exchange-traded funds integrate sustainable investing criteria, with three investing in equities and two focusing on fixed income.

By Bloomberg