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Despite market rebound, equity funds saw net outflows in April
EQUITIES MAY 18, 2020
Despite market rebound, equity funds saw net outflows in April

While stocks are still out of favor, taxable bond funds are gaining appeal, according to Morningstar

Investment giants try to reshape ETF market
MUTUAL FUNDS MAY 15, 2020
Investment giants try to reshape ETF market

Smaller companies are pushing back, arguing the big players are just trying to cement their dominance

Bank of America sells $1 billion bond issue to fund pandemic relief efforts
FIXED INCOME MAY 15, 2020
Bank of America sells $1 billion bond issue to fund pandemic relief efforts

Deal is first from a U.S. bank that links all proceeds to tackling the virus

Fed launches ETF program with $305 million purchase Tuesday
MUTUAL FUNDS MAY 15, 2020
Fed launches ETF program with $305 million purchase Tuesday

The central bank's weekly balance sheet update also showed its total assets hit a new record of $6.93 trillion

Finra suspends broker-dealer it previously charged with fraudulent markups
ALTERNATIVES MAY 14, 2020
Finra suspends broker-dealer it previously charged with fraudulent markups

The regulator charged Sandlapper Securities in 2017 with exorbitant markups of securities

Big investors sound the alarm about stocks
EQUITIES MAY 14, 2020
Big investors sound the alarm about stocks

Stan Druckenmiller, Paul Singer and Paul Tudor Jones are among the heavyweights voicing doubts about the markets or the economy

ESG investing becomes the darling of a COVID-19 world
ESG MAY 13, 2020
ESG investing becomes the darling of a COVID-19 world

Strong relative performance during the latest test of market turmoil is moving ESG closer to the mainstream

401(k) investors warm to stock funds as market rises: report
RETIREMENT PLANNING MAY 13, 2020
401(k) investors warm to stock funds as market rises: report

Investors are still worried about the market, but trading in 401(k) plans favored equities on most days in April

REIT sales tank during COVID-19, but one broker-dealer is still selling
ALTERNATIVES MAY 13, 2020
REIT sales tank during COVID-19, but one broker-dealer is still selling

Sales of nontraded REITs crashed in April, falling to just $310 million

COVID-19 market tests basic TDF design
RETIREMENT PLANNING MAY 13, 2020
COVID-19 market tests basic TDF design

'Through-retirement' target-date funds for those near retirement saw bigger losses this year than 'to-retirement' products of the same vintage

iCapital Network boosts access to alts with acquisition of rival Artivest
ALTERNATIVES MAY 13, 2020
iCapital Network boosts access to alts with acquisition of rival Artivest

The tech provider takes over the management of 28 proprietary alternative investment funds and the Open Network platform

Fat fees, conflicts made sales of GPB private placements 'illegal': investor complaint
ALTERNATIVES MAY 12, 2020
Fat fees, conflicts made sales of GPB private placements 'illegal': investor complaint

GPB’s strategy was destined to fail, according to the lawsuit

Advisers look past the glitter, debate gold's value as a long-term investment
EQUITIES MAY 12, 2020
Advisers look past the glitter, debate gold's value as a long-term investment

So far this year the precious metal has beaten the S&P 500 by 24 percentage points

Fed to begin buying corporate bond ETFs Tuesday
MUTUAL FUNDS MAY 12, 2020
Fed to begin buying corporate bond ETFs Tuesday

The Fed said another program to buy debt directly from issuers will launch 'in the near future'

Gold ETFs attract record amounts of cash
ALTERNATIVES MAY 12, 2020
Gold ETFs attract record amounts of cash

Stocks have bounced back, but investors keep pouring money into gold exchange-traded funds

Goldman, Fidelity, Gabelli put new spin on semi-transparent ETFs
EQUITIES MAY 11, 2020
Goldman, Fidelity, Gabelli put new spin on semi-transparent ETFs

The asset management industry's push of the unique wrapper could be a tough sell with advisers

Digital currencies are more regulated than you think
OPINION MAY 11, 2020
Digital currencies are more regulated than you think

The past few years have seen significant growth in regulatory clarity for at least a certain segment of this asset class

Wall Street tries to figure out which ETFs the Fed will buy
MUTUAL FUNDS MAY 08, 2020
Wall Street tries to figure out which ETFs the Fed will buy

The central bank is expected to target the giant fixed-income ETFs; it may also invest in funds with defined maturity dates

ETF universe is contracting for the first time
MUTUAL FUNDS MAY 08, 2020
ETF universe is contracting for the first time

The attrition is occurring in niche offerings that are suffering amid investors' flight to safety

Schwab acquires Motif’s technology to push deeper into ESG investing
FINTECH MAY 08, 2020
Schwab acquires Motif’s technology to push deeper into ESG investing

The purchase will help the discount brokerage develop thematic and direct indexing for clients