Vanguard's influential 'How America Saves' report shows 401(k) plan participants are facing increasingly complex financial situations and life events.
The restitution settles Finra charges that the firm recommended Class C shares with ongoing fees when more affordable Class A shares were available.
Closed-end funds have emerged as a potential solution for retirees seeking to smooth out their cash flows and in turn soothe their shaken nerves.
The actively managed mutual fund uses both proprietary and third-party ESG ratings.
Madison Avenue Securities didn't disclose or didn't adequately disclose conflicts associated with compensation the firm received from certain advisory client investments.
Increases are one and four basis points; cuts are two basis points. The changes were made to funds with fiscal years ending January 2022.
The company will rename the product line with the funds switching to underlying investments in Putnam ETFs that follow ESG criteria.
Russia funds yielding between 300% and 3,000% represent the ultimate value trap. A better bet would be funds offering much lower yields.
Two filings show that Parametric is moving beyond its current focus on separate accounts and direct indexing to subadvise strategies for Innovator ETFs.
The four exchange-traded funds are well-timed given the current market environment.
Survey finds that 63% think ESG risks are best handled when fund managers select a portfolio to manage opportunities and risks.
Several US fund managers are taking an interest in this small but growing area of the market.
SEC Chairman Gary Gensler warns that the products “can pose risks even to sophisticated investors, and can potentially create systemwide risks by operating in unanticipated ways."
Participants in their 20s have more than half their retirement plan assets in the funds, a study by ICI and EBRI shows.
The strategy blends short-term Treasury bonds with put options on longer-term bonds to ride the trend toward higher rates.
Investors searching for a source of income could look to credit funds with attractive yields.
The crackdown could hit everything from leveraged and inverse vehicles to cryptocurrency-linked funds and defined-outcome strategies.
Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.
American Funds and Inspire Investing announce fee cuts Monday, in the wake of Vanguard's announcement Friday.
Many Vanguard clients who invested in target-date funds face significantly higher tax bills this year because of a change the company made to its target-date funds in late 2020.
