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Goldman rolls back bearish forecast for US stocks
EQUITIES JUN 01, 2020
Goldman rolls back bearish forecast for US stocks

Strategists abandon their call for the S&P to head back down to 2,400 and now say downside risks are capped at 2,750

Upholding the spirit of new legislation
OPINION MAY 31, 2020
Upholding the spirit of new legislation

Lawmakers have stepped in to provide relief to millions of Americans, but the laws come with unforeseen loopholes

Stock ETNs dominated by Ken Fisher see big outflows
ETFS MAY 29, 2020
Stock ETNs dominated by Ken Fisher see big outflows

The three exchange-traded notes have seen $3.5 billion in withdrawals this week

Oil ETF faces U.S. probes over disclosures
MUTUAL FUNDS MAY 29, 2020
Oil ETF faces U.S. probes over disclosures

Both the SEC and the CFTC are looking at whether USO properly disclosed its risks to investors

Fed holdings of bond ETFs now total $2.98 billion
MUTUAL FUNDS MAY 29, 2020
Fed holdings of bond ETFs now total $2.98 billion

The central bank also signaled that its lending program for states and municipalities will open soon

Schorsch REIT executive Brian Block heading to prison
ALTERNATIVES MAY 28, 2020
Schorsch REIT executive Brian Block heading to prison

The former chief financial officer of American Realty Capital Properties Inc. will start an 18-month prison sentence in August

Legg Mason affiliate launches semitransparent ETF
MUTUAL FUNDS MAY 28, 2020
Legg Mason affiliate launches semitransparent ETF

ClearBridge becomes the second asset manager to employ the unique new wrapper

COVID-19 amplifies winners and losers in private real estate
ALTERNATIVES MAY 27, 2020
COVID-19 amplifies winners and losers in private real estate

Retail takes a big hit, but the outlook for office space is more nuanced

BlackRock to mix target-dates and annuities
RETIREMENT PLANNING MAY 27, 2020
BlackRock to mix target-dates and annuities

The product is designed to be fully liquid and includes contracts from two insurers

Galvin smacks GPB with fraud charge
ALTERNATIVES MAY 27, 2020
Galvin smacks GPB with fraud charge

The lawsuit alleges conflicts of interest and misleading marketing at GPB funds

Homebuilder ETF rallies on sales surprise
MUTUAL FUNDS MAY 27, 2020
Homebuilder ETF rallies on sales surprise

The SPDR S&P Homebuilders exchange-traded fund hit its highest level since early March after a better-than-expected report on single-family home sales

Gold ETF benefits from its London vault
MUTUAL FUNDS MAY 23, 2020
Gold ETF benefits from its London vault

Because gold funds are backed by actual bars of the precious metal, they're better able to track the spot price when markets go haywire

Why this wealth manager decided to become a B Corporation
ESG MAY 22, 2020
Why this wealth manager decided to become a B Corporation

Response to COVID-19 illustrates firm priorities

Fund managers on what helped ESG outperform during pandemic
ESG MAY 22, 2020
Fund managers on what helped ESG outperform during pandemic

Three ESG asset managers reveal how they adjusted portfolios

Giant fund companies are upbeat on stocks
EQUITIES MAY 22, 2020
Giant fund companies are upbeat on stocks

Fund managers and strategists at Capital Group, Franklin Templeton and BlackRock say equities remain attractive

Fed bought $1.8 billion of bond ETFs to date
MUTUAL FUNDS MAY 21, 2020
Fed bought $1.8 billion of bond ETFs to date

The Fed data also showed total Fed assets rose to a record $7.04 trillion in the latest week

Troubles of giant oil ETF raise questions about commodity funds
MUTUAL FUNDS MAY 21, 2020
Troubles of giant oil ETF raise questions about commodity funds

The United States Oil Fund’s extraordinary buying and selling suggests the ETF may have gotten too big for its own good

Fidelity doles out perks to high-net-worth clients
MUTUAL FUNDS MAY 20, 2020
Fidelity doles out perks to high-net-worth clients

The company is planning to lure wealth management customers with credit card benefits, money-market fund access and other bonuses

Vanguard's $50 billion woman outperformed amid bond market chaos
FIXED INCOME MAY 20, 2020
Vanguard's $50 billion woman outperformed amid bond market chaos

Several of the actively traded fixed-income funds Gemma Wright-Casparius runs have beaten most of their peers so far this year

JPMorgan shutting down ETFs that use hedge fund strategies
ALTERNATIVES MAY 19, 2020
JPMorgan shutting down ETFs that use hedge fund strategies

The firm has had more success with its BetaBuilders funds, which track broad benchmarks at low prices