According to a study by Unigestion, investors worried about the outcome on Nov. 8 should forget gold and Treasuries.
Plus: The wealthy prepare for Clinton's tax hikes, bullish on financial and health-care stocks, and those expensive World Series tickets.
While financial institutions are able to sell deferred-income and immediate annuities under a less onerous exemption, some are opting to sell under BICE to keep certain compensation arrangements intact.
Seven of the firm's eight taxable actively managed bond funds rank in the top 6% of their respective categories, beating the largest 50 fixed-income funds tracked by Morningstar.
Plus: Harvard's endowment falls back to Earth, don't hold your breath waiting for lower home prices, and taking a lesson from Benjamin Graham
A China Oceanwide investment platform will pay $5.43 per share, the companies said.
It's no different than comparing stocks to bonds.
Plus: The dollar spikes as the ECB stays loose, big companies supporting small companies, and health insurance companies turn a blind eye to climate change
Plus: Investors think the Fed will hike in December, here come the boring post-DOL portfolios, and now is a good time to ask for a raise
Passive funds, ETFs attract fee-based advisers to fund giant. <b><i>(Related read: <a href="//www.investmentnews.com/gallery/20160906/FREE/906009999/PH/9-facts-that-make-vanguard-the-king-of-mutual-funds"" target="”blank"" rel="noopener noreferrer">9 facts that make Vanguard the king of mutual funds</a>)</b></i>
Winston Wade Turner misrepresented facts in high-cost annuity transactions.
Vanguard and BlackRock get biggest inflows.
Many plans don't offer annuities, and those that do see little participant uptake, but more regulatory clarity, better products and heightened interest will likely lead to greater prevalence.
Low rates, fees equal losses for most VA money market subaccounts.
Some closed-end income funds still trade at a discount.
Two industry observers question the benefits of how the deal is structured.
Plus: An ETF for every presidential candidate, debunking ETF myths, and jumping off the Obamacare bandwagon
Plus: Hillary Clinton would be bad for banks, defending against DOL rule litigation, and where to work when you don't like people
