Mutual Funds

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TSP doubles target-date options for federal workers
RETIREMENT PLANNING JUN 23, 2020
TSP doubles target-date options for federal workers

Participants in the $557 billion Thrift Savings Plan will have many more target-date vintages available to them starting in July

By Emile Hallez
BNY, Wilshire roll out small-plan custom TDF option for advisers
RETIREMENT PLANNING JUN 23, 2020
BNY, Wilshire roll out small-plan custom TDF option for advisers

The product includes five glide paths and can include investment options that are already on plan menus

By Emile Hallez
Credit Suisse to delist exchange-traded note that's up 200% this year
ETFS JUN 22, 2020
Credit Suisse to delist exchange-traded note that's up 200% this year

Bank is axing a total of nine ETNs, most of which are leveraged

By Bloomberg
The push to allow CITs in 403(b)s
RETIREMENT PLANNING JUN 22, 2020
The push to allow CITs in 403(b)s

A bipartisan bill to amend the Internal Revenue Code hints at more attention to the issue, according to a report from Morningstar

By Emile Hallez
Why the Fed pays ETF trading commissions when small investors don't
ETFS JUN 22, 2020
Why the Fed pays ETF trading commissions when small investors don't

There's more to the so-called free trades than meets the eye

By Jeff Benjamin
Opening defined-contribution plans to private equity is a mistake
OPINION JUN 21, 2020
Opening defined-contribution plans to private equity is a mistake

U.S. regulators dropped the ball in a recent letter clarifying that regulations do not prohibit the use of private equity funds in 401(k) plans

By InvestmentNews
Borzi challenges SEC to use Reg BI to attack revenue sharing conflicts
MUTUAL FUNDS JUN 19, 2020
Borzi challenges SEC to use Reg BI to attack revenue sharing conflicts

The architect of the DOL fiduciary rule remains skeptical of the SEC measure

By Mark Schoeff Jr.
New virus-themed ETF trades under ticker GERM
MUTUAL FUNDS JUN 19, 2020
New virus-themed ETF trades under ticker GERM

The fund's biggest holding is Moderna, whose stock price has more than tripled this year on news about vaccine it's developing

By Bloomberg
BlackRock rolls out six ESG ETFs
RIA NEWS JUN 18, 2020
BlackRock rolls out six ESG ETFs

The funds' debut follows BlackRock CEO Larry Fink's pledge in January to increase sustainable ETF offerings

By Bloomberg
On the record
MUTUAL FUNDS JUN 17, 2020
On the record

InvestmentNews’ Jeff Benjamin leads a roundtable discussion with mutual fund managers who forecast unrest through 2020

By InvestmentNews
Bond funds see record $74B in net flows in May
MUTUAL FUNDS JUN 17, 2020
Bond funds see record $74B in net flows in May

Equity funds suffered net outflows, according to Morningstar

By Jeff Benjamin
Fed purchases reshape market for bond ETFs
MUTUAL FUNDS JUN 16, 2020
Fed purchases reshape market for bond ETFs

Cash is flooding into fixed-income ETFs at a record pace and interest in betting against both high-grade and junk funds has dissolved

By Bloomberg
401(k)s treat fixed income as an afterthought: Survey
EQUITIES JUN 16, 2020
401(k)s treat fixed income as an afterthought: Survey

Defined-contribution plans generally place more emphasis on stock funds than fixed-income options

By Emile Hallez
BlackRock plans ETF focused on remote-work companies
MUTUAL FUNDS JUN 16, 2020
BlackRock plans ETF focused on remote-work companies

Its move follows Direxion's April announcement of a 'work-from-home' fund

By Bloomberg
401(k) lawsuits keep piling up
RETIREMENT PLANNING JUN 12, 2020
401(k) lawsuits keep piling up

At least four lawsuits involving plans with more than $1 billion have been filed over the past few weeks

By Emile Hallez
Falling fund fees are forcing advisers to check under the hood
ETFS JUN 10, 2020
Falling fund fees are forcing advisers to check under the hood

The trend toward lower fees saved investors nearly $6 billion last year, according to data from Morningstar

By Jeff Benjamin
ESG gaining ground in 529 programs
MUTUAL FUNDS JUN 08, 2020
ESG gaining ground in 529 programs

More than a dozen college-savings plans now include at least one investment option following environment, social and governance criteria

By Emile Hallez
Private equity in 401(k)s? Not anytime soon
RETIREMENT PLANNING JUN 04, 2020
Private equity in 401(k)s? Not anytime soon

Very few plans include investments that use PE, and guidance this week from the Labor Department might not change that.

By Emile Hallez
Finra orders Merrill Lynch to pay $7.2 million over mutual fund overcharges
PRACTICE MANAGEMENT JUN 04, 2020
Finra orders Merrill Lynch to pay $7.2 million over mutual fund overcharges

The brokerage reimbursed customers a year ago, earning a break on sanctions for cooperation

By Mark Schoeff Jr.
BlackRock files to license nontransparent ETF structure
MUTUAL FUNDS JUN 04, 2020
BlackRock files to license nontransparent ETF structure

The asset manager will use Precidian Investments' ActiveShares model

By Bloomberg