Corporate bond funds succumb to rate fears that have gripped stocks and Treasuries
Industry executives call for clearer classification of exchange-traded products after the XIV ETN plummeted last week.
Stocks have lagged amid skepticism about the Trump administration's plan.
New offerings include six exchange-traded funds and one mutual fund
Most assets in exchange-traded funds are in market cap-weighted index funds.
Prospectus warned that the exchange-traded note has 'zero long-term value,' Thiam says.
Stocks have lagged amid skepticism about the Trump administration's plan.
Agency has the ability to detect share-class issues using data-driven initiatives.
Equity mutual funds beat benchmarks across the board, with the large-cap growth category doing best.
Firm could face two dozen suits from police, firemen and other Philadelphia public employees alleging millions in damages, according to two attorneys handling the claims.
As stock investors fret about rising rates, this week's CPI report could guide the market's next phase.
ProShares volatility-linked fund took in more than $500 million last week.
TDFs now account for 20.4% of defined-contribution-plan assets, up from 18.4% in year-earlier period, according to Pensions & Investments survey
SPDR S&P 500 exchange-traded fund saw outflows amounting to 8% of its total assets last week.
Enforcement division giving advisers until June 12 to declare intentions to self-report fiduciary violations and make financial restitution.
The changes increase mutual funds and ETFs' appeal to small retirement plans, too
Tax-exempt money fund assets have grown almost $7 billion so far this year.
Michael Wilson sees the S&P 500 index ending the year 5% above its current level.
Despite advisers' misgivings, asset managers are coming around to the idea that a company's stance on environmental, social and governance issues is a good proxy for future success.
Bond chief Hasenstab sees rising interest rates wreaking havoc.