Financial advisers know little of William McNabb III, who today replaces John J. Brennan as president of The Vanguard Group Inc. and who will be taking Mr. Brennan's position of chief executive in about a year.
The push for actively managed exchange traded funds, the Holy Grail of the ETF industry, is intensifying.
Exchange traded funds are one of the fastest-growing investment vehicles, but until now, they have been passive investments.
The firm is the first provider to receive exemptive relief from the SEC for actively managed ETFs in registration.
There were 50 fewer launches in 2007 as compared to 2006 for the first year-to-year fall since the millenium.
The firm an application with the SEC for exemptive relief for a series of actively managed, target-date exchange traded funds.
The rule would cover passive and actively managed ETFs — at least those that promise to divulge their holdings.
The Vanguard Group Inc. has slashed costs on five more exchange traded funds in its latest effort to play catch-up with Barclays Global Advisors.
RevenueShares Investor Services LLC became the latest firm to enter the exchange traded fund market Friday, launching three ETFs based on indexes weighted by the amount of company revenue.
Assets in managed accounts grew by 20.1% last year, hitting $1.49 trillion, according to the Money Management Institute.
A platform will be launched next month offering what is being touted as the first socially conscious and sustainable-investing account in the financial services industry.
When Claymore Securities Inc. of Lisle, Ill., this month announced that it was liquidating 11 exchange traded funds — the first large-scale liquidation of ETFs since the funds were created — some industry experts said investors should view it as a warning.
Claymore Securities listed three new ETFs on the Amex: the U.S. Capital Markets Index; the U.S. Capital Markets Bond index and the U.S. Micro-Term Fixed Income.
Exchange traded funds that invest in municipal bonds are looking more attractive these days, thanks mostly to their competitive yields.
Investors often ask me why an exchange traded fund they own paid a big gains distribution. The answer is simple, but the lessons can affect the advice you give your clients.
The minor-league status of WisdomTree Investments Inc. in the world of exchange traded funds could change following a deal struck last month with The Dreyfus Corp.
Claymore Securities has unveiled the Claymore/AlphaShares China Small Cap Index exchange traded fund on Amex.
The Investment Company Institute has created a committee for exchange traded funds in what some say is an effort to head off the possibility that ETF providers will create their own trade association.
A gloomy market outlook is making gold shine bright, but financial advisers are divided as to whether it deserves a place in most clients' portfolios.
The firms will join forces to offer international cash- and fixed-income exchange traded fund products.
