Top Portfolio Products: State Street Changes SPDR Lineup, Rebalances Index
Also, the first Islamic fixed income fund in the U.S. passed the $100 million threshold in August, says Azzad Asset Management.
Third-Party Advisor Exam Rule May Come Before Election: Ex-SEC Official
Enhanced liquidity risk measures for mutual funds may also be in the offing, former SEC Investment Management head Norm Champ says.
MFS Cuts Fees on Target Date Funds
MFS is addressing "a trend in the industry of making sure fees are reasonable and attractive," according to MFS' Ryan Mullen.
3 Trends Yield Great Prospects for Retirement Plan Advisors
Lawsuits, DOL fiduciary rule and a spate of bad news on active funds yield an unbelievable environment for new business. Here's how to take advantage.
Pershing Launches ETFs, Mutual Funds to Help Reps Comply With 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.