<i>Breakfast with Benjamin</i> As the Brexit vote approaches and markets face global uncertainties, the CBOE Market Volatility Index climbs above a symbolic threshold.
The insurer is trying to expand outside the affluent market with the purchase of a tech platform.
Plus: European activists hedge funds are nicer, Soros gets it all wrong, and crowdfunding for dummies
The average long-term government bond fund has soared 10.1% this year, according to Morningstar.
The firm hopes to make it easier for clients and advisers to understand sales charge reductions and waivers.
MetLife is the second major insurer to exit the brokerage business, in the sale of its adviser unit to MassMutual. Mergers may be on the rise due to the Labor Department's proposed fiduciary rule.
U.K. vote to leave the European Union after more than four decades of membership sends U.S. stock futures tumbling.
Plus: How well do you know your non-traditional bond fund, debunking dividend myths, and looking like a million bucks for less
The move would allow insurers to sidestep additional risk in distributing through independent agents.
New offerings for the younger market have made the life insurance industry ripe for disruption.
Plus: Soros fights Brexit with scare tactics, what the Queen thinks about the Brexit vote, the smart-beta evolution, and alternative retirement lifestyles
As of May, the exchange-traded fund industry has created 4,602 ETFs with 9,764 listings and assets of $2.996 billion from 247 providers on 63 exchanges.
The departures include top managers and the closure of some funds.
<i>Breakfast with Benjamin</i> Morningstar reshuffles the deck in the active-passive debate, expanding the framework to fold in strategic beta.
Everyone from BlackRock to Vanguard in the alt space
Fiduciaries need to be well versed in these low-cost investment vehicles and how to assess them.
Plus: Why Wall Street is avoiding pot investments, where to invest $10k today, and become financially better off by not doing this
The Fed has been the biggest variable in driving ETF flows. But for now investors are looking to stock-proof, not Fed-proof, their portfolios.
The move comes just a day after MSCI decided not to add China's domestic equities to benchmark indexes.
<i>Breakfast with Benjamin</i> Wall Street investors are working on how to position their portfolios for a potential Donald Trump presidency.
