Mutual Funds

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Climate funds double in assets: Morningstar
INVESTING ESG APR 18, 2022
Climate funds double in assets: Morningstar

A report shows that in the US, total money in climate mutual funds and ETFs hit $31 billion at the end of 2021.

Global X adds green-building ETF
INVESTING ESG APR 14, 2022
Global X adds green-building ETF

The demand for new housing in urban areas will only rise, and buildings are responsible for 38% of energy-related carbon emissions, the company says.

Do-good funds are booming as ETF launches double from last year
INVESTING ESG APR 14, 2022
Do-good funds are booming as ETF launches double from last year

At least 20 exchange-traded funds focused on environmental, social and governance criteria have launched so far this year, as issuers try to grab a slice of the market that's winning new cash.

Advisers weigh the appeal of the commodity rally
INVESTING ALTERNATIVES APR 13, 2022
Advisers weigh the appeal of the commodity rally

As commodity funds post double-digit gains this year, some advisers wonder if it's too late to join the party.

Dimensional preps low-carbon ETFs
INVESTING ESG APR 13, 2022
Dimensional preps low-carbon ETFs

The four exchange-traded funds aim for lower emissions exposure than comparable products, the fund manager said.

Fidelity adds two ETFs focusing on crypto, metaverse
INVESTING ALTERNATIVES APR 12, 2022
Fidelity adds two ETFs focusing on crypto, metaverse

One of the funds will track the digital payments industry, and the other will focus on companies tied to emerging virtual worlds.

Dimensional plans four do-good funds in latest ETF expansion
INVESTING ESG APR 10, 2022
Dimensional plans four do-good funds in latest ETF expansion

The funds will focus on investments in stocks and bonds worldwide that are associated with low emissions of greenhouse gases.

Bank ETF posts biggest cash exodus since 2020 ahead of earnings
INVESTING MUTUAL FUNDS APR 09, 2022
Bank ETF posts biggest cash exodus since 2020 ahead of earnings

More than $2.5 billion has exited the $42 billion Financial Select Sector SPDR Fund last week.

Capital Group, Morningstar offer personalized TDFs
INVESTING RETIREMENT PLANNING APR 08, 2022
Capital Group, Morningstar offer personalized TDFs

Target Date Plus helps participants to determine a mix of target-date funds that is more suited to their particular needs.

JPMorgan kicking off $9 billion of mutual fund-to-ETF switches
INVESTING MUTUAL FUNDS APR 08, 2022
JPMorgan kicking off $9 billion of mutual fund-to-ETF switches

It’s the first of four planned conversions by the firm that will shift around $9 billion of assets into exchange-traded funds by mid-June.

Neuberger Berman joins Wall Street ETF rush with thematic funds
INVESTING MUTUAL FUNDS APR 07, 2022
Neuberger Berman joins Wall Street ETF rush with thematic funds

The three new funds were created in response to clients who wanted access to the firm’s strategies via ETFs, says Neuberger CIO Hari Ramanan.

Finra bars ex-Cetera rep who used clients’ money for own family's investments
INVESTING PRACTICE MANAGEMENT APR 06, 2022
Finra bars ex-Cetera rep who used clients’ money for own family's investments

The broker, Marianne O'Shee Smith, a 34-year veteran of the securities industry, used $45,100 she had received from three customers, all senior citizens.

Betting against Bitcoin may get easier with futures ETF filing
INVESTING ALTERNATIVES APR 06, 2022
Betting against Bitcoin may get easier with futures ETF filing

ProShares wants to launch an exchange-traded fund that would track the inverse performance of an index of Bitcoin futures.

State Street launches active muni ESG fund
INVESTING ESG APR 05, 2022
State Street launches active muni ESG fund

The exchange-traded fund is sub-advised by Nuveen Asset Management, a unit of TIAA.

Thematic fund taps into rising interest rates
INVESTING MUTUAL FUNDS APR 04, 2022
Thematic fund taps into rising interest rates

Designed to go up in value when rates rise, the FolioBeyond Rising Rates ETF is well suited to the current environment.

Manning & Napier goes private, sells at 41% premium to Callodine
INVESTING EQUITIES APR 01, 2022
Manning & Napier goes private, sells at 41% premium to Callodine

The 52-year-old asset manager with nearly $20 billion under management will become a subsidiary of Callodine Group.

American Century's Avantis adds ESG ETFs
INVESTING ESG APR 01, 2022
American Century's Avantis adds ESG ETFs

The Avantis Responsible U.S. Equity, International Equity and Emerging Markets ETFs join Avantis’ current line of 11 exchange-traded ETFs.

BlackRock cuts fees on biggest bond ETF, takes ax to expenses on two stock ETFs
INVESTING MUTUAL FUNDS APR 01, 2022
BlackRock cuts fees on biggest bond ETF, takes ax to expenses on two stock ETFs

Issuer reduces the expense ratio on the $85 billion iShares Core U.S. Aggregate Bond ETF to 0.03% from 0.04%.

Net contributions to target-date funds topped $170 billion in 2021
INVESTING RETIREMENT PLANNING MAR 31, 2022
Net contributions to target-date funds topped $170 billion in 2021

Roughly 86% of last year's net inflows went into collective investment trusts, which now hold 45% of total TDF assets.

Exclusive: Morgan Stanley lays out plans to enter the ETF market
INVESTING ETFS MAR 29, 2022
Exclusive: Morgan Stanley lays out plans to enter the ETF market

The $1.5 trillion investment manager is designing a full-scale ETF platform, and plans to launch its first ETFs this year.