Investing

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Vanguard tightens grip on $6.8 trillion ETF market
MUTUAL FUNDS MAR 07, 2022
Vanguard tightens grip on $6.8 trillion ETF market

Strong inflows into its exchange-traded funds so far this year, coming on top of its record-shattering $328 million haul last year, put Vanguard on course to surprass BlackRock as the largest ETF manager within the next two years.

SEC examines 16% of RIAs, and it's not likely to go higher
RIAS MAR 04, 2022
SEC examines 16% of RIAs, and it's not likely to go higher

The size of the agency's examination staff hasn't increased meaningfully in recent years and it can't keep up with the growth in advisers, an official said.

‘Weakening Putin’s regime’: A week of financial activism against Russia
ESG MAR 04, 2022
‘Weakening Putin’s regime’: A week of financial activism against Russia

Divestments abound but questions remain over who can and would buy the holdings being rapidly offloaded.

Big names line up to fund forest carbon marketplace
ESG MAR 04, 2022
Big names line up to fund forest carbon marketplace

NCX works with small forest landowners, who delay cutting timber in exchange for money from corporations that in turn receive carbon credits.

SEC’s Crenshaw assures advisers agency doesn’t seek to punish cyberattack victims
ALTERNATIVES MAR 03, 2022
SEC’s Crenshaw assures advisers agency doesn’t seek to punish cyberattack victims

The new director of the SEC Division of Investment Management, William Birdthistle, makes his public debut at the Investment Adviser Association conference.

Schwab goes off script with crypto ETF filing
ALTERNATIVES MAR 03, 2022
Schwab goes off script with crypto ETF filing

The index-based strategy, which has been described as 'baby steps' into the crypto space, will not offer direct exposure to digital currencies.

ESG most popular among young workers in public DC plans: Report
RETIREMENT PLANNING MAR 03, 2022
ESG most popular among young workers in public DC plans: Report

The funds are used less by older workers, but they allocate more of their assets to those funds, EBRI found.

Advisor Group B-Ds face slew of GPB claims
ALTERNATIVES MAR 02, 2022
Advisor Group B-Ds face slew of GPB claims

Four Advisor Group broker-dealers recently reported facing 58 investor suits totaling $19.4 million related to the private placement investments.

Institutions not totally sold on ESG performance
ESG MAR 02, 2022
Institutions not totally sold on ESG performance

Less than half of organizations that use ESG investments say that including them helps performance, a survey found.

SEC's Gensler tweets warning about greenwashing
ESG MAR 01, 2022
SEC's Gensler tweets warning about greenwashing

The chairman of the Securities and Exchange Commission posted a video on Twitter Tuesday that goes over some of his top concerns about investment funds claiming to follow ESG criteria.

Tyrone Ross resigns as CEO of Onramp Invest
RIAS MAR 01, 2022
Tyrone Ross resigns as CEO of Onramp Invest

Co-founder Eric Ervin, who's taking over as CEO, alludes to the 'stresses of dual leadership' in an email to investors.

Bitcoin advances in tentative comeback as haven asset
ALTERNATIVES MAR 01, 2022
Bitcoin advances in tentative comeback as haven asset

The largest cryptocurrency rose 4.3% to $43,453 at 10:50 a.m. in London, gaining along with other major digital tokens.

Creative Planning adds $400 million New York City-based RIA
RIAS MAR 01, 2022
Creative Planning adds $400 million New York City-based RIA

The Doman Group, which works with athletes and entertainers, marks Creative Planning's first office in Manhattan.

More intense SEC scrutiny of private equity not likely to dull appetite for RIA acquisition
ALTERNATIVES FEB 28, 2022
More intense SEC scrutiny of private equity not likely to dull appetite for RIA acquisition

Experts say an SEC proposal would significantly raise regulatory costs but the robust PE sector should maintain its transactional pace.

Russian invasion and sanctions drive oil price rally
EQUITIES FEB 28, 2022
Russian invasion and sanctions drive oil price rally

While the S&P 500 Index has fallen 6% so far this year, some exchange-traded funds that focus on the oil sector have surged.

Broker-dealers sell record $10.5 billion in alts in January
ALTERNATIVES FEB 28, 2022
Broker-dealers sell record $10.5 billion in alts in January

Investors' demand for alternative investments such as nontraded REITs and business development companies at the start of 2022 is a harbinger for sales over the remainder of the year.

Proxy season heating up for ESG proposals
ESG FEB 28, 2022
Proxy season heating up for ESG proposals

Broadridge and PWC report finds 40% of institutional shares voted in favor of ESG proposals last year and is set to rise.

US ETFs show extent of damage to Russian stocks
EQUITIES FEB 28, 2022
US ETFs show extent of damage to Russian stocks

Russia's stock market is closed, but the VanEck Russia ETF and the iShares MSCI Russia Capped ETF plunged 26% and 20%, respectively, in U.S. trading early Monday.

Q&A: Wellington Management's Wendy Cromwell
ESG FEB 28, 2022
Q&A: Wellington Management's Wendy Cromwell

Head of sustainable investing shares how the firm integrates ESG and works with companies to decarbonize.

Avoid playing catch-up: Getting a fast start in your firm’s ESG journey
OPINION FEB 28, 2022
Avoid playing catch-up: Getting a fast start in your firm’s ESG journey

Begin by getting alignment from senior leaders, conducting a materiality assessment, picking the right reporting framework and engaging with investors.