ETFs, ETPs Record Robust Asset Flows in First Half
U.S.-listed products dominate the global industry, ETFGI reports.
VC Funding Drives Fintech Investment Surge in Q2: KPMG
Investor interest shifted to mid- and back-office functions and away from customer-facing initiatives.
Low Fees Drive Flows Into Active Funds: Broadridge
Lower-fee products pulled in virtually all net new assets in the first half, Broadridge reported.
Americans’ Personal Financial Satisfaction Hits 10-Year High: AICPA
Americans are experiencing their highest levels of personal financial satisfaction in more than 10 years, according to the American Institute of CPAs.
Retail Investors Were Raring to Go in First Half: Schwab
The U.S. stock market outlook is much more bullish than a year ago, according to a Schwab survey of retail clients.
World’s Billionaire Population Dropped in 2016
The billionaire population dropped for the first time since the financial crisis, Wealth-X reported.
Foundations’ Investment Returns Rebounded in Fiscal 2016
Foundation fiduciaries are moderating their long-term return expectations.
Many Retirement-Age Women Lack Financial Literacy: American College
Only 18% of retirement-age women could pass a basic quiz on how to make their savings last in retirement, according to The American College.
For Wealthy Pre-Retirees, What Beats Financial Security?
Affluent retirees shun traditional asset allocation guidance to reduce equities with age.
Fear Keeping Investors’ Cash Levels High: Merrill Survey
Fund managers worried about a shock coming from bond markets or central banks.