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Inflationary trend lands advisers in unfamiliar territory
EQUITIES AUG 24, 2022
Inflationary trend lands advisers in unfamiliar territory

The Biden administration's plan to cancel billions in student debt could drive inflation even higher.

By Jeff Benjamin
Income alternatives for individual investors
OPINION AUG 24, 2022
Income alternatives for individual investors

The inflation pressures that have emerged make it challenging to invest in fixed income, but there are possible solutions.

By Jack Snyder Jr.
Hedge fund guru Julian Robertson dies at 90
ALTERNATIVES AUG 23, 2022
Hedge fund guru Julian Robertson dies at 90

The billionaire founder of Tiger Management became one of his generation's most successful hedge fund managers and a mentor to a wave of investors known as Tiger Cubs.

By Bloomberg
Free trading costs retail investors $34 billion a year, study says
EQUITIES AUG 23, 2022
Free trading costs retail investors $34 billion a year, study says

An academic study finds retail stock trades are getting done at significantly different prices, depending on the brokerage.

By Bloomberg
'ESG integration' a sticking point in SEC proposals
ESG AUG 23, 2022
'ESG integration' a sticking point in SEC proposals

In comment letters, fund companies and industry groups ask for more clarity from the regulator.

By Emile Hallez
iCapital acquires UBS legacy alternative investment feeder fund platform
ALTERNATIVES AUG 23, 2022
iCapital acquires UBS legacy alternative investment feeder fund platform

The fintech has purchased UBS Fund Advisor, the wirehouse’s legacy proprietary U.S. alternative investment manager and feeder fund platform that represents $7 billion in client assets.

By Ryan W. Neal
David Lerner's latest proprietary fund snag
ALTERNATIVES AUG 22, 2022
David Lerner's latest proprietary fund snag

The brokerage firm's in-house energy fund, Energy 11 L.P., reports $45 million in 'unpaid distributions' to investors.

By Bruce Kelly
Cheap ETFs suck billions from bigger siblings
MUTUAL FUNDS AUG 22, 2022
Cheap ETFs suck billions from bigger siblings

The world's largest ETF, the $387 billion SPDR S&P 500 Trust, continues to fall victim to the trend as money managers gravitate to its lower-cost clone.

By Bloomberg
BlackRock says SEC proposal on ESG disclosures will backfire
ESG AUG 22, 2022
BlackRock says SEC proposal on ESG disclosures will backfire

The asset manager said requiring new disclosures for funds that just consider ESG criteria among many other factors could muddle the situation.

By Bloomberg
Lincoln Financial launches QDIA with Stadion
RETIREMENT PLANNING AUG 19, 2022
Lincoln Financial launches QDIA with Stadion

The QDIA combines a target-date fund for younger individuals and Stadion’s StoryLine managed account service for participants aged 50 and older.

By InvestmentNews
Morgan Stanley adds fractional share support to workplace stock plans
EQUITIES AUG 18, 2022
Morgan Stanley adds fractional share support to workplace stock plans

The wirehouse is also adding additional automation to its Shareworks and Equity Edge Online platforms.

By Ryan W. Neal
Massachusetts securities chief goes after single-stock ETFs
RIAS AUG 18, 2022
Massachusetts securities chief goes after single-stock ETFs

William Galvin announced a 'sweep' of firms offering the new ETFs, which he compared to gambling at a casino.

By Jeff Benjamin
Vanguard offering passive ESG funds that exclude controversial industries
ESG AUG 18, 2022
Vanguard offering passive ESG funds that exclude controversial industries

The investing giant will offer two ETFs tied to indexes that track large corporates and small- to medium-sized businesses in both Europe and the US.

By Bloomberg
Hedge fund snaps up LPL Financial shares
RIAS AUG 17, 2022
Hedge fund snaps up LPL Financial shares

Private equity investors have flooded the wealth management industry; now, it's a hedge fund's turn.

By Bruce Kelly
Morgan Stanley files to offer its own ETFs
ESG AUG 17, 2022
Morgan Stanley files to offer its own ETFs

Decades after coining the term 'exchange-traded fund,' the firm plans to offer four socially conscious funds under the Calvert label.

By Bloomberg
ESG funds being probed by SEC over ceding votes on social issues
ESG AUG 15, 2022
ESG funds being probed by SEC over ceding votes on social issues

The agency is asking companies offering ESG funds whether they lend out shares, which could impact their ability to cast ballots in corporate elections.

By Bloomberg
Investors see 60/40 mix enduring despite recent turmoil, survey shows
FIXED INCOME AUG 15, 2022
Investors see 60/40 mix enduring despite recent turmoil, survey shows

The tactic has taken a beating this year as bonds were hit by the steepest slump in decades, compounding the stock market's losses instead of buffering against them.

By Bloomberg
Climate bill would fuel sustainable investing
ESG AUG 12, 2022
Climate bill would fuel sustainable investing

The Inflation Reduction Act provides certainty for sustainable investors, but compromises mean fossil fuel expansion.

By Emile Hallez
Anti-ESG movement spawns new fund in battle against industry giants
RIAS AUG 10, 2022
Anti-ESG movement spawns new fund in battle against industry giants

Fledgling ETF provider Strive Asset Management hopes to compete with BlackRock, Vanguard and State Street for proxy voting power.

By Jeff Benjamin
Vanguard wrests BlackRock’s spot as manager of world’s biggest bond ETF
MUTUAL FUNDS AUG 10, 2022
Vanguard wrests BlackRock’s spot as manager of world’s biggest bond ETF

The Vanguard Total Bond Market ETF, with assets of roughly $83.8 billion, has surpassed the $83.2 billion iShares Core U.S. Aggregate Bond ETF.

By Bloomberg