Mutual Funds

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AllianceBernstein enters ETF arena with its first set of active ETFs
MUTUAL FUNDS SEP 14, 2022
AllianceBernstein enters ETF arena with its first set of active ETFs

The asset manager's initial lineup includes the Ultra Short Income and Tax-Aware Short Duration Municipal ETFs.

By Bloomberg
Single-stock ETFs take the field but many yellow flags are falling
RIA NEWS SEP 12, 2022
Single-stock ETFs take the field but many yellow flags are falling

Regulators, analysts and financial advisers worry the easy access to enhanced performance will hurt unsophisticated investors.

By Jeff Benjamin
Advisers to fill portfolio chinks with fixed income and alts 
ALTERNATIVES SEP 12, 2022
Advisers to fill portfolio chinks with fixed income and alts 

While advisers may not expect anywhere near the market growth over the next year that investors enjoyed in 2021, many advisers believe they’ve already seen the bottom this year.

By Devin McGinley
As rate hikes slow mortgage refinancing, ETF rides to a 27% gain since January
RIA NEWS SEP 09, 2022
As rate hikes slow mortgage refinancing, ETF rides to a 27% gain since January

The FolioBeyond Rising Rates ETF, which launched in October, is gaining appeal for advisers as it nears the $100 million mark.

By Jeff Benjamin
Big change is coming for 401(k)s
OPINION SEP 06, 2022
Big change is coming for 401(k)s

The move to provide guaranteed lifetime income products in defined-contribution plans will transform retirement planning.

By Mitchell Shames
Calamos plans ESG fund named after NBA star
MUTUAL FUNDS AUG 30, 2022
Calamos plans ESG fund named after NBA star

The fund, bearing the name of Milwaukee Bucks power forward Giannis Antetokounmpo, would exclude fossil fuels, mining and other activities.

By Emile Hallez
Kovack Securities dinged by Finra for A-share trades
PRACTICE MANAGEMENT AUG 26, 2022
Kovack Securities dinged by Finra for A-share trades

The firm was fined $210,000 for falling short on its supervision of short-term mutual fund trades, the regulator said.

By Bruce Kelly
Vanguard preps global environmental fund
RIA NEWS AUG 25, 2022
Vanguard preps global environmental fund

The active fund will be subadvised by Ninety One North America and will hold about 25 global 'environmental companies' in its portfolio.

By ESG Clarity
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
MUTUAL FUNDS 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
Massachusetts securities chief goes after single-stock ETFs
RIA NEWS 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
ETFS 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
Morgan Stanley files to offer its own ETFs
RIA NEWS 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
MUTUAL FUNDS 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
Anti-ESG movement spawns new fund in battle against industry giants
RIA NEWS 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
Single-stock ETF craze leads to single Treasury bond exposure
EQUITIES AUG 09, 2022
Single-stock ETF craze leads to single Treasury bond exposure

The new US Benchmark Series from F/m Investments offers traders exposure to three different government bonds.

By Jeff Benjamin
Amundi rolls out ESG separate account for wealthy investors
RIA NEWS AUG 09, 2022
Amundi rolls out ESG separate account for wealthy investors

The Amundi US Equity ESG Improvers SMA is two-thirds allocated to companies expected to improve their ESG score.

By Jeff Benjamin
BlackRock sees investors turning to thematic ETFs to hedge against inflation
RIA NEWS AUG 08, 2022
BlackRock sees investors turning to thematic ETFs to hedge against inflation

Interest seen in infrastructure, food-related and clean-energy themes as investors look for long-term structural trends.

By Bloomberg