Investing

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Looking for uncorrelated returns? Consider reinsurance
OPINION AUG 25, 2020
Looking for uncorrelated returns? Consider reinsurance

The market for insurance-linked securities totals close to $100 billion and has expanded beyond catastrophe bonds to include collateralized reinsurance contracts

Exxon kicked out of Dow Industrials
EQUITIES AUG 25, 2020
Exxon kicked out of Dow Industrials

The stock index is moving to embrace tech by adding Salesforce.com, Amgen and Honeywell

SEC orders firm to pay more than $1 million over 12b-1 fees
PRACTICE MANAGEMENT AUG 24, 2020
SEC orders firm to pay more than $1 million over 12b-1 fees

Agency charges Burbank, California-based NPB Financial Group with disclosure, best execution failures

Booming model portfolios may be moving markets
MUTUAL FUNDS AUG 21, 2020
Booming model portfolios may be moving markets

So much money is now tied up in this approach that adjustments to portfolios are being blamed for some dramatic ETF flows recently

Labor Department's ESG proposal likely to advance amid overwhelming opposition
RETIREMENT PLANNING AUG 21, 2020
Labor Department's ESG proposal likely to advance amid overwhelming opposition

More than 95% of nearly 8,700 comment letters opposed the rule, according to a recent study by US SIF

Morningstar rolls out free ESG-screening tool
ESG AUG 21, 2020
Morningstar rolls out free ESG-screening tool

The four-step platform is designed to identify funds that stand out in the expanding environmental, social and governance universe

Money managers see threats to record stock rally
EQUITIES AUG 21, 2020
Money managers see threats to record stock rally

Factors that could put a halt to the market's gains include the November elections and tensions with China

Betterment rolls out 401(k) plans for advisers
RETIREMENT PLANNING AUG 20, 2020
Betterment rolls out 401(k) plans for advisers

The robo-adviser aims to help advisers attract additional assets while fostering the growth of both its advisory and retirement plan business lines

Investment Company Act turns 80
OPINION AUG 20, 2020
Investment Company Act turns 80

The bill gave rise to fund investing — the most powerful form of financial intermediation for individual Americans

Gold to gain on 'currency debasement,' SkyBridge says
ALTERNATIVES AUG 20, 2020
Gold to gain on 'currency debasement,' SkyBridge says

The fund of funds manager says the continued Fed and government stimulus are triggering concerns about currency

Advisers question the value of bonds in client portfolios
PRACTICE MANAGEMENT AUG 19, 2020
Advisers question the value of bonds in client portfolios

The traditional portfolio ballast layers on risk without providing much reward

SEC share-class crackdown could spell the end for 12b-1 fees
MUTUAL FUNDS AUG 19, 2020
SEC share-class crackdown could spell the end for 12b-1 fees

The latest case has some experts wondering if any level of disclosure will suffice

Treasuries indicate the Fed is getting an edge on inflation
FIXED INCOME AUG 19, 2020
Treasuries indicate the Fed is getting an edge on inflation

Inflation-adjusted rates on 10-year Treasuries and U.S. households' rising inflation expectations are among the signals that the central bank's efforts are working

One PEP for all clients: Retirement Income Summit day four
RETIREMENT PLANNING AUG 18, 2020
One PEP for all clients: Retirement Income Summit day four

The Secure Act provides numerous opportunities for advisers, and annuities are part of that, panelists said

Wall Street firms growing wary of munis
FIXED INCOME AUG 18, 2020
Wall Street firms growing wary of munis

With yields at their lowest levels in decades, some analysts question whether investors are being adequately compensated for the risk involved

Inequality as an investment risk
OPINION AUG 17, 2020
Inequality as an investment risk

ESG investing will push to address the issues of systemic racism and the inequality of Black Americans

Give that ETF a snappy ticker
MUTUAL FUNDS AUG 17, 2020
Give that ETF a snappy ticker

A memorable name can help an ETF prosper, and such a ticker is likely to become even more valuable as a flood of day traders enters the market

New funds offer to limit losses on the ultimate safe haven
MUTUAL FUNDS AUG 14, 2020
New funds offer to limit losses on the ultimate safe haven

Two ETFs will track long-dated Treasuries but shield investors from a certain percentage of declines in exchange for a cap on gains

SEC orders firm to pay for share-class disclosure failures
PRACTICE MANAGEMENT AUG 14, 2020
SEC orders firm to pay for share-class disclosure failures

Fresno, California-based SCF Investment Advisors took 12b-1 fees from mutual funds and revenue sharing from money market funds

ICapital boosts access to alts for advisers with PGIM
ALTERNATIVES AUG 14, 2020
ICapital boosts access to alts for advisers with PGIM

PGIM is the latest asset manager to tap iCapital's technology to give advisers access to a wider range of alternative investments