Mutual Funds

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The parallel paths of ETFs and annuities
OPINION AUG 13, 2021
The parallel paths of ETFs and annuities

The questions that RIAs have about commission-free annuities right now are the very same questions they had just 15 years ago about exchange-traded funds, which are now a core part of client portfolios.

By David Lau
Flood of Bitcoin ETF filings  but cooling demand for funds
ALTERNATIVES AUG 12, 2021
Flood of Bitcoin ETF filings but cooling demand for funds

Digital asset investment products from Grayscale, Bitwise, 21Shares and others saw outflows for the fifth straight week, the longest such streak since January 2018.

By Bloomberg
JPMorgan chases active ETFs with $10 billion mutual fund switch
MUTUAL FUNDS AUG 11, 2021
JPMorgan chases active ETFs with $10 billion mutual fund switch

The firm plans to convert four mutual funds into ETFs next year, making it the biggest name so far to make such a move.

By Bloomberg
What the U.N.'s climate change report means for advisers
MUTUAL FUNDS AUG 09, 2021
What the U.N.'s climate change report means for advisers

The climate change report had stark findings and comes amid a severe drought in the American West and one of the worst wildfire seasons in California’s history.

By Emile Hallez
Gensler comments open floodgates for Bitcoin fund filings
ETFS AUG 05, 2021
Gensler comments open floodgates for Bitcoin fund filings

The SEC chairman's nod toward '40 Act crypto funds is the only opening the ETF space needed.

By Jeff Benjamin
Nuveen enters active ETF market
MUTUAL FUNDS AUG 05, 2021
Nuveen enters active ETF market

The three strategies it is rolling out as semitransparent ETFs are already available as mutual funds.

By InvestmentNews
Alerian acquisition pushes ETF development to the next level
RIA NEWS AUG 04, 2021
Alerian acquisition pushes ETF development to the next level

By joining forces with ETF Trends and ETF Database, Alerian seeks to become a powerful force that helps ETF providers stay ahead of the curve.

By Jeff Benjamin
New ETF leverages crypto miners and ESG
ALTERNATIVES JUL 21, 2021
New ETF leverages crypto miners and ESG

The actively managed ETF offers the narrowest of investment themes: a leveraged play on Bitcoin with the added twist of being easy on the planet.

By Jeff Benjamin
ETF sponsors perform well on diversity, equity and inclusion, study finds
PRACTICE MANAGEMENT JUL 20, 2021
ETF sponsors perform well on diversity, equity and inclusion, study finds

Nearly 90% of exchange-traded fund sponsors received the highest score in Sage Advisory's study of ETF stewardship.

By InvestmentNews
SEC orders UBS to pay $8 million over sales of complex exchange-traded products
ALTERNATIVES JUL 19, 2021
SEC orders UBS to pay $8 million over sales of complex exchange-traded products

Investments pegged to market volatility remained in client accounts for up to a year when they were meant to be short-term investments.

By Mark Schoeff Jr.
Wall Street surrenders to $500M ETF rush
MUTUAL FUNDS JUL 15, 2021
Wall Street surrenders to $500M ETF rush

Now even the most storied money managers are launching exchange-traded funds in a bid to stay relevant, and some — like Vanguard Group — are handling their clients’ conversions for them.

By Bloomberg
Venture-backed startup launches actively managed Catholic values ETF
ETFS JUL 14, 2021
Venture-backed startup launches actively managed Catholic values ETF

The Knights of Columbus Asset Advisors will manage the new fund, which will be advised by Faith Investor Services. The two largest faith-based funds are the Global X S&P 500 Catholic Values ETF and Inspire 100 ETF.

By Jeff Benjamin
Kestra's $10.3M settlement is proof fund-fee disclosure remains a priority at the SEC
PRACTICE MANAGEMENT JUL 13, 2021
Kestra's $10.3M settlement is proof fund-fee disclosure remains a priority at the SEC

The Kestra settlement and other recent ones demonstrate the SEC’s concern is extending to revenue sharing.

By Mark Schoeff Jr.
New 'bond alternative' ETF targets nervous income investors
EQUITIES JUL 07, 2021
New 'bond alternative' ETF targets nervous income investors

Innovator Defined Wealth Shield ETF offers 20% downside protection but caps annual gains at 2.8%.

By Jeff Benjamin
Failure to supervise risky ETF sales costs Sanctuary $530,000
MUTUAL FUNDS JUL 06, 2021
Failure to supervise risky ETF sales costs Sanctuary $530,000

The Indianapolis-based firm, formerly David A. Noyes & Co., agrees to censure, a fine and restitution.

By InvestmentNews
ETF inflows on track to shatter 2020 record
RIA NEWS JUL 06, 2021
ETF inflows on track to shatter 2020 record

Flows into exchange-traded funds have been unprecedented this year, even against the backdrop of a record 2020. Despite market valuations and inflation threats, financial advisers are keeping the pedal to the metal.

By Jeff Benjamin
Hedge fund titan's crypto firm sells stake in blockchain ETF
ALTERNATIVES JUL 06, 2021
Hedge fund titan's crypto firm sells stake in blockchain ETF

CoinShares International bought the fund from Alan Howard's Elwood as part of its agreement to buy Elwood's indexing business.

By Bloomberg
Increasing retail investor access to private markets gains bipartisan support
ALTERNATIVES JUL 02, 2021
Increasing retail investor access to private markets gains bipartisan support

Legislation introduced by Reps. Anthony Gonzalez, R-Ohio, and Gregory Meeks, D-N.Y., would lift restrictions on closed-end funds' investments in unregistered securities.

By Mark Schoeff Jr.
J.P. Morgan acquisition of OpenInvest gives wealth managers another ESG tool
EQUITIES JUN 29, 2021
J.P. Morgan acquisition of OpenInvest gives wealth managers another ESG tool

The bank is expected to pair OpenInvest with 55ip to enhance its private banking technology platform.

By Jeff Benjamin
BlackRock ETFs see massive inflows hinting at tax avoidance
ETFS JUN 25, 2021
BlackRock ETFs see massive inflows hinting at tax avoidance

Five exchange-traded funds took in about $13.5 billion amid the rebalancing of the FTSE Russell indexes, suggesting heartbeat trades designed to defer taxes faced by fund investors.

By Bloomberg