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ESG returns rebound, taking some gas out of performance debate
ESG JUN 16, 2023
ESG returns rebound, taking some gas out of performance debate

There are lessons in the data for politicians who are pro- or anti-ESG, but the numbers might be dismissed.

BlackRock bitcoin ETF has crypto fans wondering about change of course at SEC
RIAS JUN 16, 2023
BlackRock bitcoin ETF has crypto fans wondering about change of course at SEC

Given the three dozen others that have filed for a bitcoin ETF without success, ETF watchers are wondering if BlackRock has an inside track to gain approval.

Bill restricting ESG passes in North Carolina
ESG JUN 15, 2023
Bill restricting ESG passes in North Carolina

The measure, which could survive the governor's veto, would still allow ESG factors that are 'pecuniary.'

Don't misread the Fed's pause in June as the end of higher rates
FIXED INCOME JUN 15, 2023
Don't misread the Fed's pause in June as the end of higher rates

Scrambling to stay ahead of the central bank's next move, advisors and market watchers think the Fed is trying to keep the markets on their toes.

ESG risks facing biopharmaceutical firms
OPINION JUN 15, 2023
ESG risks facing biopharmaceutical firms

Pricing, product governance and legal liabilities are some of the factors to consider when assessing drug companies.

Bottled-up rage: Bud Light and ESG, Part II
OPINION JUN 14, 2023
Bottled-up rage: Bud Light and ESG, Part II

Investors who see risk associated with ESG are in for a surprise.

Merit Financial adds LPL veteran Andy Kalbaugh to its board
RIAS JUN 14, 2023
Merit Financial adds LPL veteran Andy Kalbaugh to its board

Kalbaugh will work with the fast-growing wealth management firm's executive leadership on strategic planning.

New iCapital platform gives advisors turnkey access to alternative investments
RIAS JUN 14, 2023
New iCapital platform gives advisors turnkey access to alternative investments

Marketplace combines hundreds of existing platforms run by providers of alternative investments into a single network.

Support for ESG votes from BlackRock, State Street moderate at best: Morningstar
ESG JUN 13, 2023
Support for ESG votes from BlackRock, State Street moderate at best: Morningstar

Vanguard was half as likely to vote for shareholder resolutions as BlackRock and State Street, a new report finds.

Finra spanks Schwab with $350,000 fine over disclosures on ETNs
ALTERNATIVES JUN 13, 2023
Finra spanks Schwab with $350,000 fine over disclosures on ETNs

Schwab self-reported the issues with disclosures related to exchange-traded notes, which occurred from January 2016 to December 2020, to Finra.

J.P. Morgan adds ESG data service for institutional investors
ESG JUN 13, 2023
J.P. Morgan adds ESG data service for institutional investors

The new service will let clients compare ESG data across providers.

Fidelity bulks up its 'disruptor' suite with 6 new thematic ETFs
RIAS JUN 13, 2023
Fidelity bulks up its 'disruptor' suite with 6 new thematic ETFs

The asset manager is banking on financial advisors' growing interest in targeted investment strategies.

DOL has its say in court on ESG challenge
RETIREMENT PLANNING JUN 12, 2023
DOL has its say in court on ESG challenge

The plaintiffs and defendant recently filed cross motions for summary judgment of the challenge over the Labor Department's recently implemented ESG rule for retirement plans.

New bull market doesn't take recession off the table
RIAS JUN 12, 2023
New bull market doesn't take recession off the table

Market watchers warn against falling for the head fake of a tech-driven stock market that isn't accurately reflecting broader economic risks.

Quakers divesting $17 million from Vanguard over climate change
ESG JUN 12, 2023
Quakers divesting $17 million from Vanguard over climate change

Earth Quaker Action Team is planning to announce the withdrawals this week at Vanguard's headquarters.

ETF niche players combine to form nearly $8 billion suite of specialty funds
RIAS JUN 12, 2023
ETF niche players combine to form nearly $8 billion suite of specialty funds

Amplify ETFs is acquiring the assets of ETF Managers Group, bringing under one roof funds that offer exposure to marijuana, blockchain, artificial intelligence and more.

Anti-ESG funds started with roar, tapered to meow, report finds
ESG JUN 08, 2023
Anti-ESG funds started with roar, tapered to meow, report finds

Sales were strong late last year amid several ETF launches in this category, but have since slowed, according to Morningstar.

Wealthfront introduces automated bond portfolio
FINTECH JUN 08, 2023
Wealthfront introduces automated bond portfolio

Wealthfront says its portfolio uses a mix of Treasury and corporate bond ETFs and can achieve an annual return of 5.48% after its 0.25% fee.

What the SEC lawsuit against Coinbase means for advisors
OPINION JUN 08, 2023
What the SEC lawsuit against Coinbase means for advisors

Advisors will likely face more stringent compliance requirements as a result of the SEC's actions and may need to reassess their compliance programs to adequately address the unique risks associated with digital assets.

Anti-ESG group targets Bank of America
ESG JUN 08, 2023
Anti-ESG group targets Bank of America

Will Hild’s Consumers’ Research is focusing on the second-largest US bank in its latest push against sustainable investing.