Moody’s Turns Negative on Outlook for Global Asset Managers
Business conditions for asset managers are at an "all-time low," says Moody’s Managing Director Marc Pinto.
SHE’s No. 2: One of 2016’s Top ETF Debuts Based on Gender Diversity
Smart beta fueled nine of 10 top debuts, except for State Street’s SPDR Gender Diversity ETF. Its ticker symbol? SHE.
CANNEX Brings Greater Transparency to Annuity Market: Top Portfolio Products
In other product news, Invesco and iShares expand their ETF lineups.
Why RIAs and IBDs Favor ETFs Over Actively Managed Funds 4 to 1
The increased flows into ETFs are due to many factors including the DOL fiduciary rule.
PIMCO to Pay SEC Nearly $20M for Misleading Total Return ETF Investors
PIMCO didn’t tell investors that the initial surge by the fund—formerly managed by Bill Gross—was driven by a strategy that wasn’t sustainable, the SEC said.
Gross Warns That Trump Rally Built on False Promise of Growth
The Janus bond fund manager recommends that investors move to cash and bonds whose durations are below investors' benchmarks.
Among Mutual Funds, It’s Still a Man’s World
Morningstar reports that the percentage of mutual funds managed by women has not changed since the financial crisis of 2008.
Seraphim Capital Adds Pioneering Space Tech Fund: Top Portfolio Products
In other product news, FlexShares added an actively managed bond ETF.
6 Keys to Investment Success: T. Rowe’s Brian Rogers Reflects
As Rogers prepares to retire in March, he shares the investment lessons he’s learned during 35 years at T. Rowe Price.
Top 10 Firms Fee-Based Advisors Are Most Loyal To: Cogent Reports
Mutual fund firms with strongest advisor loyalty are “much less likely to be dropped.”