<i>InvestmentNews</i> interview with William M. Thomas, chief executive of Grail Advisors LLC, who discusses his new venture into launching their first active exchange traded fund and Grail's on-deck plans. Plus get an overview of the state of active ETFs and find out whether advisers think their future is bright.
Having slashed its equity index fund fees, Charles Schwab Investment Management Inc. is hoping to undercut its rivals in an attempt to take away index fund assets.
With the battered performance of its bond funds creating a financial nightmare for investors, OppenheimerFunds Inc. is fighting to rebuild its image and win back the confidence of financial advisers — a job that will likely take years, industry experts said.
MacroMarkets LLC announced today the termination of the MacroShares $100 Oil Up Trust (UOY) and the MacroShares $100 Oil Down Trust (DOY), due to assets on deposit falling to less than $50 million.
Exchange traded funds have fared relatively well during the financial crisis, but haven’t been immune to market volatility.
Sales of mutual funds through brokers and financial advisers continued to shift toward fee-based compensation last year, while the trend toward fee-for-advice distribution accelerated, according to a study released last week by Strategic Insight Mutual Fund Research and Consulting LLC.
Led by the iShares exchange traded fund group, exchange traded funds are poised to break the stranglehold that mutual funds have on 401(k) retirement plans.
Sales of mutual funds through brokers and financial advisers continued to shift toward fee-based compensation last year, while the trend toward fee-for-advice distribution accelerated, according to a study released today by Strategic Insight Mutual Fund Research and Consulting LLC.
The Grail American Beacon Large Cap Value ETF (GVT), an actively managed exchange traded fund, began trading today on the New York Stock Exchange. Grail Advisors LLC of San Francisco is the ETF’s manager.
Financial advisers are leery of an initial public offering of two new exchange traded trusts — which give retail investors easy access to residential real estate — that ends tomorrow.
