The banking giant’s generative AI-powered strategy, IndexGPT, is the latest attempt by Wall Street to harness the nascent technology.
The script has flipped in fixed income as figures show ETFs lagging mutual fund flows, with the bulk going to active bond funds.
The global asset management firm is converting a $700M dividend strategy amid pervasive investor demand for tax-efficient fund structures.
As the lines between active and passive strategies blur, product teams will have a tougher time appeasing advisors, Cerulli says.
Data show the first net inflows into mutual funds in roughly two years, with an unprecedented $22 billion net influx into active ETFs.
Morningstar's Target-Date Strategy Landscape report also shows that costs are going down and that CITs are about to surpass mutual funds.
The firm did its first-ever conversions involving two Eaton Vance fixed-income funds.
2023 continued a long-term trend of decreasing expense ratios.
The wealth tech provider is revamping its RIA custody offering for advisors by adding thousands of mutual funds.
116 funds were recognized with a Lipper Fund Award over the five-year period, and 108 funds won the prestigious trophy for the 10-year period.
While advisors’ stances on active differ, money has increasingly flowed to passive funds.
Sustainable investing saw headwinds last year as investors pulled out of funds, but performance recovered from a rough 2022
The asset manager is targeting 'north of $25 billion' of assets in its model portfolios over the next five to six years, up from roughly $5 billion currently.
Mutual funds narrowly maintained their lead over collective investment trusts, but CITs are growing faster, suggesting a potential shift in leadership this year.
Hopes are high for the proposed vehicle, which 'has the potential to be one of the largest closed-end funds,' according to the prospectus filed with the SEC.
After adding an artificial intelligence spin to four factor-based funds, the asset manager sees promising signs
US investors pulled $5.1 billion from sustainable funds in Q4 2023.
$5T fund has made a significant increase in fossil fuels since new regs were introduced.
The investment firm has shared its latest ETF perspectives and trends.
The settlement with Baird stems from Finra's 2020 targeted examination regarding rights of reinstatement.
