UBS Launches Products Tied to UN Development Goals: Portfolio Products
Four new mission-driven issuers join the ImpactUs Marketplace, while SummerHaven launches a liquid private equity index.
New S&P Index to Hedge Against Rising College Costs
The S&P Target Tuition Inflation Index is designed to protect college savings from losing value due to inflation.
Goldman Starts Smart Beta ETF Price War
The move not only intensifies competition in smart beta but between smart beta and actively managed funds — possibly even passive index funds.
Betterment Adds Smart Beta and Targeted Income Strategies
The additions are meant to address the investment needs of the firm's increasingly diverse client base.
Fidelity Launches Robo Platform for Advisors
The Automated Management Platform allows advisors “to seamlessly manage digital accounts” alongside more traditional accounts, Fidelity says.
The Declining Fiscal Health of America’s Cities
Municipal revenues are expected to grow much more slowly in 2017 while expenditures remain steady and state and federal aid continues to decline.
Fintech Will Change ‘Every Familiar Aspect’ of ETFs: PwC
Firms can’t stop the march of automation; instead, they should use it to their advantage, PwC says in a new report.
No Slowing of ETF Growth, Just New Areas to Grow Into
One thing was certain at Morningstar's ETF conference: The ETF growth train doesn’t seem to be slowing down and more firms want to climb aboard.
ETF Buyers Pile Into Lithium as China Telegraphs Intent to Shift to Electric Vehicles
The ETF, which trades under the symbol LIT, jumped 5% Monday after China said it would set deadline to end sales of fossil-fueled vehicles.
Morningstar’s August Winners & Losers
Close to 50 mutual funds get new analyst ratings from the research firm, while 95 have their ratings affirmed.