Pershing Launches ETFs, Mutual Funds to Help Reps Comply With DOL Fiduciary Rule
The WealthStart portfolios for emerging and mass affluent investors will be offered through Lockwood Financial.
Top Portfolio Products: Schwab, BlackRock Introduce New Funds
Schwab introduced a very low-cost line of target date funds; BlackRock added a social impact bond fund.
Yellen Raises Odds of a Rate Hike as Early as September
The Fed chair told the annual gathering in Jackson Hole that the "case for an increase in fed funds has strengthened in recent months."
Are Index Funds Communist?
Indexing is cheaper, yes, but that's because active management has positive externalities, and if no one will pay for it, those benefits will disappear.
Schwab Throws Down Low-Cost Gauntlet on Target-Date Funds
The ETF-based funds will cost retirement plan investors only 8 basis points, which could prompt other fund giants to cut fees even further.
Fidelity Launches Global Real Estate Fund; iSectors Adds Growth ETF
The Fidelity real estate fund launch is timed to coincide with a change in the S&P 500 that makes real estate a stand-alone sector.
Factor Investing: A Post-Modern Portfolio Theory
With apologies to Harry Markowitz, why it's wise to tweak MPT by using factors offering positive return premiums over time.
Index Funds Outperforming, and Outlasting, Active Funds: Morningstar
Morningstar concludes that mutual fund and ETF fees are the "only reliable predictors" of fund investing success.
How to Invest Like a Billionaire (if You Are One)
Remember, billionaires make specific investments for reasons that have nothing to do with saving for a house or college or a secure retirement.
Treasuries Gain as Minutes Show Fed Officials Split on Rate Hike
Financial markets had been expecting a more hawkish outlook for rates, but instead the minutes showed a multitude of opinions on when to hike.