Investing

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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.
The sound of silence
LIFE INSURANCE AND ANNUITIES MAY 31, 2020
The sound of silence

Regulation BI must be implemented by June 30, so why aren’t we hearing more about how brokerages are going to change the way they deliver investment advice?

By Mark Schoeff Jr.
Stock ETNs dominated by Ken Fisher see big outflows
ETFS MAY 29, 2020
Stock ETNs dominated by Ken Fisher see big outflows

The three exchange-traded notes have seen $3.5 billion in withdrawals this week

By Bloomberg
Oil ETF faces U.S. probes over disclosures
MUTUAL FUNDS MAY 29, 2020
Oil ETF faces U.S. probes over disclosures

Both the SEC and the CFTC are looking at whether USO properly disclosed its risks to investors

By Bloomberg
Fed holdings of bond ETFs now total $2.98 billion
MUTUAL FUNDS MAY 29, 2020
Fed holdings of bond ETFs now total $2.98 billion

The central bank also signaled that its lending program for states and municipalities will open soon

By Bloomberg
Schorsch REIT executive Brian Block heading to prison
ALTERNATIVES MAY 28, 2020
Schorsch REIT executive Brian Block heading to prison

The former chief financial officer of American Realty Capital Properties Inc. will start an 18-month prison sentence in August

By Bruce Kelly
Legg Mason affiliate launches semitransparent ETF
MUTUAL FUNDS MAY 28, 2020
Legg Mason affiliate launches semitransparent ETF

ClearBridge becomes the second asset manager to employ the unique new wrapper

By Jeff Benjamin
Medicare enrollment complicated by the pandemic
RETIREMENT PLANNING MAY 28, 2020
Medicare enrollment complicated by the pandemic

Newly eligible individuals can apply online, but some older workers who lose their jobs can’t

By Mary Beth Franklin
COVID-19 amplifies winners and losers in private real estate
ALTERNATIVES MAY 27, 2020
COVID-19 amplifies winners and losers in private real estate

Retail takes a big hit, but the outlook for office space is more nuanced

By Jeff Benjamin
BlackRock to mix target-dates and annuities
RETIREMENT PLANNING MAY 27, 2020
BlackRock to mix target-dates and annuities

The product is designed to be fully liquid and includes contracts from two insurers

By Emile Hallez
Galvin smacks GPB with fraud charge
ALTERNATIVES MAY 27, 2020
Galvin smacks GPB with fraud charge

The lawsuit alleges conflicts of interest and misleading marketing at GPB funds

By Bruce Kelly
Homebuilder ETF rallies on sales surprise
MUTUAL FUNDS MAY 27, 2020
Homebuilder ETF rallies on sales surprise

The SPDR S&P Homebuilders exchange-traded fund hit its highest level since early March after a better-than-expected report on single-family home sales

By Bloomberg
Woman in Central Park video fired by Franklin Templeton
LIFE INSURANCE AND ANNUITIES MAY 26, 2020
Woman in Central Park video fired by Franklin Templeton

Amy Cooper, head of insurance investment for the fund company, called the police on an African American man who asked her to put her dog on a leash

By Bloomberg
Gold ETF benefits from its London vault
MUTUAL FUNDS MAY 23, 2020
Gold ETF benefits from its London vault

Because gold funds are backed by actual bars of the precious metal, they're better able to track the spot price when markets go haywire

By Bloomberg
Demand for some annuities rising in COVID-19 market
LIFE INSURANCE AND ANNUITIES MAY 22, 2020
Demand for some annuities rising in COVID-19 market

The crisis is favoring sales of buffered annuities, according to Limra's Secure Retirement Institute

By Emile Hallez
Giant fund companies are upbeat on stocks
EQUITIES MAY 22, 2020
Giant fund companies are upbeat on stocks

Fund managers and strategists at Capital Group, Franklin Templeton and BlackRock say equities remain attractive

By Bloomberg
Fed bought $1.8 billion of bond ETFs to date
MUTUAL FUNDS MAY 21, 2020
Fed bought $1.8 billion of bond ETFs to date

The Fed data also showed total Fed assets rose to a record $7.04 trillion in the latest week

By Bloomberg
Troubles of giant oil ETF raise questions about commodity funds
MUTUAL FUNDS MAY 21, 2020
Troubles of giant oil ETF raise questions about commodity funds

The United States Oil Fund’s extraordinary buying and selling suggests the ETF may have gotten too big for its own good

By Bloomberg