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ETF market continues searching for the perfect expense ratio
OPINION JUL 21, 2020
ETF market continues searching for the perfect expense ratio

When zero fees are not expensive enough

GPB Capital reports nearly $200 million drop in AUM
ALTERNATIVES JUL 21, 2020
GPB Capital reports nearly $200 million drop in AUM

The alternative asset manager parts ways with an auditor and its valuation company

UBS slapped with $10 million fine for SEC violations
FIXED INCOME JUL 20, 2020
UBS slapped with $10 million fine for SEC violations

The bank allegedly allocated bonds intended for retail customers to 'flippers' who resold them to broker-dealers for profit

Ex-Next Financial rep charged by Galvin with overselling REITs
ALTERNATIVES JUL 20, 2020
Ex-Next Financial rep charged by Galvin with overselling REITs

The Secretary of the Commonwealth of Massachusetts takes another swipe at sales of high-priced products

New York state legislature considers tax on stock trades
EQUITIES JUL 20, 2020
New York state legislature considers tax on stock trades

The pandemic has left the state facing a projected four-year deficit of $61 billion

New bond ETF offers weekly payouts
ETFS JUL 20, 2020
New bond ETF offers weekly payouts

TGIF is the ticker for the exchange-traded fund, which will distribute cash each Friday

Senate Democrats ask DOL to back off ESG rule
RETIREMENT PLANNING JUL 17, 2020
Senate Democrats ask DOL to back off ESG rule

The proposed restrictions on environmental, social and governance funds in 401(k)s would perpetuate racial discrimination, a group of lawmakers wrote

American Century doubles down on semitransparent ETF lineup with ESG versions
ETFS JUL 17, 2020
American Century doubles down on semitransparent ETF lineup with ESG versions

The jury is still out on whether financial advisers will buy into the unique new fund wrapper

More active ETFs are launching than passive
ETFS JUL 17, 2020
More active ETFs are launching than passive

So far this year, 68 active exchange-traded funds have started trading, compared with 63 passive ones

ESG interest same today in rich families as in the past: Study
ESG JUL 16, 2020
ESG interest same today in rich families as in the past: Study

UBS Group's family office survey finds heirs of large estates prioritize financial returns

BlackRock expects bond ETF assets to hit $2 trillion by 2024
MUTUAL FUNDS JUL 16, 2020
BlackRock expects bond ETF assets to hit $2 trillion by 2024

Institutional investors like insurance companies and pension funds learned to appreciate bond ETFs amid the volatility in March

ETF that paid people to invest has started to charge
ETFS JUL 15, 2020
ETF that paid people to invest has started to charge

The exchange-traded fund industry's fee war may be running out of steam

Hedge fund manager predicts gold will top $3,000 an ounce
ALTERNATIVES JUL 15, 2020
Hedge fund manager predicts gold will top $3,000 an ounce

The head of the $450 million Quadriga Igneo fund says unprecedented monetary stimulus is fueling asset bubbles and corporate debt addiction

Advisers should aspire to the endowment investment model
ALTERNATIVES JUL 14, 2020
Advisers should aspire to the endowment investment model

There are benefits for advisers that create more than just a balanced portfolio for clients

Sustainability concerns behind Burger King's new Whopper
ESG JUL 14, 2020
Sustainability concerns behind Burger King's new Whopper

Lemongrass-fed cattle expected to emit a third fewer greenhouse gases

Lawmakers press Robinhood about investor protections on trading platform
ALTERNATIVES JUL 13, 2020
Lawmakers press Robinhood about investor protections on trading platform

Letter from Capitol Hill says the firm ‘must do better’ in the wake of the suicide of a user

Robinhood adds another $320 million in funding
ALTERNATIVES JUL 13, 2020
Robinhood adds another $320 million in funding

The latest round of investments boosts the online trading app's valuation to $8.6 billion

Wall Street benefits from Fed's support for corporate debt
FIXED INCOME JUL 13, 2020
Wall Street benefits from Fed's support for corporate debt

Fees for underwriting investment-grade bonds doubled in the first half

SEC proposes easing reporting requirements for funds
ALTERNATIVES JUL 13, 2020
SEC proposes easing reporting requirements for funds

Funds would be required to report holdings quarterly if they have at least $3.5 billion of equities, up from the current threshold of $100 million

‘Lost and found’ 401(k) bill is good for the advice industry
OPINION JUL 12, 2020
‘Lost and found’ 401(k) bill is good for the advice industry

While not exactly novel, the legislation is a sound first step toward getting Main Street investors the tools they need