Actively Managed Funds Stage a Short-Term Comeback
More than half of actively managed U.S. equity funds beat their benchmark in the 12 months ended June 30, according to the latest SPIVA report.
Envestnet | PMC Unveils Gender-Focused Impact Strategy: Portfolio Products
In addition, AlphaCore launched a new fund to make statistical arbitrage readily accessible to the public.
More Reasons to Avoid Long-Term Bonds
Investors seeking higher bond yields this year are likely to be disappointed despite indications of another Fed hike.
Prudential's PGIM Is Said to Explore Entering ETF Marketplace
PGIM Investments may offer actively managed ETFs as well as quantitative ETFs.
Pimco, BlackRock See Multiyear Rally for Emerging Markets
Stable commodity prices, improving economic growth and balance-sheet repairs are expected to underpin the rally.
ETF Juggernaut Just Keeps Gathering Assets
Assets invested in U.S.-listed exchange-traded funds and products increased by 21.2% in the first eight months of the year, ETFGI reported.
Guggenheim's CEO Is Said to Seek Control of Insurer in Shake-Up
An unnamed source says the company could close the ETF unit sale within a month.
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.