BNY Mellon’s Pershing Launches No-Fee ETF Platform: Portfolio Products
In other product news, Envestnet | Yodlee launched a personal financial wellness solution.
Schwab, LPL Mid-Year Outlooks: Beware, Goldilocks Ahead
A review of mid-year outlooks from several major financial firms reveals caution about expectations and risks but no recession or market crash.
In Fierce Battle Over Active ETFs, Nationwide Is on All Sides
The company may use an active ETF from a manager that keeps its holdings hidden.
How Orion Advisor Services Is Helping Advisors Manage Credit Risk
A new partnership with Moody’s Analytics provides Orion's clients access to timely changes in credit ratings.
Equities Are Overvalued, Many Investors in Merrill Survey Say
Chinese credit tightening is still seen as the top tail risk.
Trump Administration to Call for Modest Changes to Banking Rules
But it's still expected to target the Consumer Financial Protection Bureau and Volcker Rule.
SIFMA Economic Panel Trims Outook for Growth, Inflation
The panel now expects GDP will grow 2.1% this year while inflation rises 1.8%.
Goldman Sachs Launches First Bond ETF: Portfolio Products
Nuveen also launched two new ETFs that track ESG criteria.
Arnott: Win at Factor Investing by Buying the Losers
During an Inside Smart Beta discussion, Rob Arnott explains that performance chasing doesn't work with smart beta.
Vanguard Strategy Exec to Retire
Glenn Reed will step down, with Chris McIsaac taking over his responsibilities, the fund giant says.