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Rising rates may lead to Fed yield-curve control, Gundlach says
FIXED INCOME JUN 10, 2020
Rising rates may lead to Fed yield-curve control, Gundlach says

DoubleLine executive's comments come as the spread between 5- and 30-year Treasury yields hits its steepest level since 2016

By Bloomberg
Advisers misjudge client interest in annuities: Survey
RETIREMENT PLANNING JUN 09, 2020
Advisers misjudge client interest in annuities: Survey

Consumers are interested in guaranteed income products, but not when they're called annuities

By Emile Hallez
A third of institutional investors hold crypto assets: Fidelity
ALTERNATIVES JUN 09, 2020
A third of institutional investors hold crypto assets: Fidelity

Among U.S. respondents, 27% say they own digital assets, up from 22% a year ago

By Bloomberg
Pru is one contender for MassMutual's retirement business
RETIREMENT PLANNING JUN 08, 2020
Pru is one contender for MassMutual's retirement business

There's considerable overlap in the types of defined-contribution plans the two companies serve, particularly in the Taft-Hartley, government and nonprofit areas

By Emile Hallez
MassMutual looks to sell retirement biz: report
RETIREMENT PLANNING JUN 08, 2020
MassMutual looks to sell retirement biz: report

The financial services firm sold its OppenheimerFunds business a couple of years ago

By InvestmentNews
ESG gaining ground in 529 programs
MUTUAL FUNDS JUN 08, 2020
ESG gaining ground in 529 programs

More than a dozen college-savings plans now include at least one investment option following environment, social and governance criteria

By Emile Hallez
Morgan Stanley adds to bet on steepening yield curve
WIREHOUSES JUN 08, 2020
Morgan Stanley adds to bet on steepening yield curve

The firm's strategists say that with the U.S. economy improving, 10-year Treasury rates will become a key driver

By Bloomberg
Junk bonds benefit from Fed support
FIXED INCOME JUN 05, 2020
Junk bonds benefit from Fed support

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

By Bloomberg
Private equity in 401(k)s? Not anytime soon
RETIREMENT PLANNING JUN 04, 2020
Private equity in 401(k)s? Not anytime soon

Very few plans include investments that use PE, and guidance this week from the Labor Department might not change that.

By Emile Hallez
Finra orders Merrill Lynch to pay $7.2 million over mutual fund overcharges
PRACTICE MANAGEMENT JUN 04, 2020
Finra orders Merrill Lynch to pay $7.2 million over mutual fund overcharges

The brokerage reimbursed customers a year ago, earning a break on sanctions for cooperation

By Mark Schoeff Jr.
BlackRock files to license nontransparent ETF structure
MUTUAL FUNDS JUN 04, 2020
BlackRock files to license nontransparent ETF structure

The asset manager will use Precidian Investments' ActiveShares model

By Bloomberg
Vanguard struggling to break into European ETF market
MUTUAL FUNDS JUN 04, 2020
Vanguard struggling to break into European ETF market

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%

By Bloomberg
Fidelity rolls out three semitransparent ETFs
EQUITIES JUN 04, 2020
Fidelity rolls out three semitransparent ETFs

The new funds showcase the firm's proxy basket technology

By Jeff Benjamin
DOL encourages use of private equity funds in retirement plans
RETIREMENT PLANNING JUN 03, 2020
DOL encourages use of private equity funds in retirement plans

Investor advocates warn high-risk, high-fee investments could harm savers

By Mark Schoeff Jr.
Raymond James sues Ohio National for $10 million in VA commission fight
LIFE INSURANCE AND ANNUITIES JUN 03, 2020
Raymond James sues Ohio National for $10 million in VA commission fight

Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities

By Bruce Kelly
Piles of cash, short positions could push stocks higher
EQUITIES JUN 02, 2020
Piles of cash, short positions could push stocks higher

JPMorgan Chase sees the potential for billions to flow into equities at the expense of bonds to rebalance portfolios

By Bloomberg
Allianz adds hedges to ETFs in new product offering
EQUITIES JUN 01, 2020
Allianz adds hedges to ETFs in new product offering

Two ‘buffered outcome’ funds aim to match index returns with less risk

By InvestmentNews
Goldman rolls back bearish forecast for US stocks
EQUITIES JUN 01, 2020
Goldman rolls back bearish forecast for US stocks

Strategists abandon their call for the S&P to head back down to 2,400 and now say downside risks are capped at 2,750

By Bloomberg
Upholding the spirit of new legislation
OPINION MAY 31, 2020
Upholding the spirit of new legislation

Lawmakers have stepped in to provide relief to millions of Americans, but the laws come with unforeseen loopholes

By InvestmentNews
State best interest annuity rule begins journey to become law
LIFE INSURANCE AND ANNUITIES MAY 31, 2020
State best interest annuity rule begins journey to become law

Two down, 48 states to go for sales rule

By Mark Schoeff Jr.