Harvard’s Endowment Loses Nearly $2B in Latest Fiscal Year
The most prestigious American university just reported its worst performance for its endowment since 2009.
DOL Fiduciary Rule’s Cost for 9 Investment Advice Players: From IBDs to RIAs
A.T. Kearney study sees big asset shifts across formats with IBDs getting walloped.
Fed Leaves Rates Unchanged as 3 Members Dissent
The Fed left rates steady, as expected, but it did suggest a rate hike before year-end, and three Fed members favored raising rates today.
Active U.S. Equity Funds Bled Cash in August: Morningstar
Active U.S. equity funds continued to hemorrhage assets in August while their passive counterparts persisted in performing well.
Ignore These 7 Climate Change Factors at Your Portfolio’s Peril: BlackRock
Financial advisors should add climate change to the list of factors they consider when thinking about portfolio risks, said BlackRock’s Richard Turnhill.
Betterment Renames, Restructures Its Advisor Platform
Betterment Institutional becomes Betterment for Advisors and will offer ETFs from Vanguard and ETFs from Goldman Sachs.
Has the Bond Market Peaked?
The broad strengthening this year in the bond market “doesn’t normally happen,” and the market will “recalibrate” at some point, Schwab’s Kathy Jones said.
ETFs: An Easier Way to Roll Into Retirement, Experts Say
Retirement fund experts said ETFs and technology are making it easier, and mostly cheaper, to invest for retirement.
‘Pundits’ See More ETF Growth; Reduced Active Management
“Meet the Pundits” panel at Morningstar ETF Conference, which included Morningstar’s Ben Johnson, discusses the declining role of the traditional active manager.
ETFs Will Be in DOL’s Crosshairs
The proliferation and variety of ETFs mean “that there’s potential for bad apples worth investigating,” Morningstar’s Michael Wong said.