While some agree with the firm's logic underpinning the product, they question whether the product can overcome some of the traditional hurdles of managed accounts.
'This is a big, big moment,' according to DoubleLine Capital's chief investment officer. 'Interest rates have bottomed.'
Performance anticipation push financials to the head of the pack in August.
Plus: Fed members talking up a storm, the Hillary-health factor, and the illegal immigrant working at Goldman
Plus: Investors can't get enough of muni bond ETFs, finding robust yields in fine wines, and a pampered perspective.
Kunal Kapoor, who currently serves as Morningstar's president, has been appointed the new CEO.
But investors should expect volatility as election heats up.
The funds merge active-management strategies with low cost, passive structure.
Lumping ETFs and mutual funds into the same peer groups.
Ignoring proxy letters could lead to lost assets.
The case to raise interest rates is getting stronger as the U.S. economy approaches the central bank's goals, Federal Reserve Chair Yellen said.
The $247 million deal could be good for Mr. Schorsch and partners, but shareholders may not profit as much.
While terms were not released, the price tag could be as much as $70 million, according to one industry executive.
Company founded by one-time real estate mogul Nicholas Schorsch announces $3 million settlement with Massachusetts Securities Division and said it will lay off nearly 150 employees.
Plus: Investors buckle in for a bumpy ride, the mystery of bond yields, and the upside of mid-day naps
The dollar also gained as traders digested mixed data in the world's largest economy amid bets interest rates will stay low.
Five candid reponses on how he will lead the firm, the virtues of robo-advice, and rooting for both the Cubs and White Sox.
Some advisers say a cleansing is long overdue.
The usual volatility could be enhanced by the Fed, geopolitics and the presidential election.
The funds take advantage of the SEC's reporting rules on derivatives to make their high fees look smaller than they actually are.
