Institutional investors are over-diversifying and taking on too much uncompensated risk, leaving them with expensive index portfolios.
Vanguard, BlackRock and State Street still command about 79% of all U.S. exchange-traded fund assets, but that's down from 91% in 2006.
Anti-greenwashing proposals are already having an effect, results of a US SIF survey suggest.
Trovata will host the Morgan Money corporate investing and trading solutions.
The money manager is asking shareholders to sign off on a proposal to let 13 of its growth funds exceed limits on the size of their stakes in individual stocks.
Firms have brought 422 new ETFs to market so far this year, putting them on track to surpass last year's record.
Newer ESG funds are coming to the market, and a greater share are sustainable funds, according to Cerulli.
A bear market and inflationary pressures may have many Americans feeling less wealthy lately, but not necessarily less generous.
The Senate and House bills will both die at the end of the year if they are not approved. It’s not clear whether sponsors will reintroduce them in January.
Despite lukewarm adoption by financial advisers, the financial services industry is committed to leveraging this crucial channel to get direct indexing in front of more investors.
It can be hard to keep direct-index portfolios from 'drifting' from their benchmark index as stocks are swapped in and out.
The new report cites 24 areas of focus for Catholic-values investing, some of which overlap with ESG investing.
After nearly a decade of fighting for regulatory approval of semitransparent ETFs, the asset management industry is realizing what investors really want.
The converted ETFs will join a small but growing universe of transparent active strategies.
The Federal Reserve's fight against inflation has turned boring cash accounts into top performers.
Crypto bulls see the sell-off as a buying opportunity and distinguish the offshore platform from regulated funds and U.S.-based platforms.
Regulators will press on with their climate agendas, as will anti-ESG politicians.
The fund would follow the Morningstar Global Emerging Green Technologies Select Index.
The agency is floating tighter rules that would require certain funds to have at least 80% of assets correspond to investment strategies listed in their names.
Initially, the program will be available to UK investors, but it could eventually expand to all fund shareholders.
