AllianceBernstein Fires CEO Peter Kraus and Removes More Than Half Its Board
Kraus is replaced by former JPMorgan executive Seth Bernstein as CEO and former World Bank President Robert Zoellick as chairman.
Morningstar to Offer Advisors a New Tool to Evaluate Risk: Portfolio Products
In other product news, Ivy enters the passive world with five new index funds.
One More Reason ETFs Are All About the Fees
Regular readers of this column will correctly assume that the title is merely tongue in cheek.
Vanguard Announces Fifth Round of Fee Cuts Since December
The latest round include cuts for the world's largest stock and bond funds, the Vanguard Total Stock Market Index and Total Bond Market Index funds.
VC Investment in Fintech Rises to $1.2 Billion in US: KPMG
Robo-advisory, artificial intelligence and data analytics look to be “hot investment areas” next quarter, KPMG said.
Advisors Worry About Risk in Rising Passive Inflows
All that money moving into a single asset class is concerning, said Eaton Vance's John Moninger.
Tell Us What You Really Think About ETFs
Let us know what factors weigh in on your use of ETFs in your business.
Nuveen Adds Real Estate Allocation to TDF Series: Portfolio Products
In other product news, VictoryShares launches Dividend Accelerator ETF.
The Low-Yield Bond Market Is Back
Advisors face the same challenge today that they faced before the election and two Fed rate hikes: finding income for clients.
Equity Investors Rotate Out of US Into Eurozone: BofA Merrill Survey
The latest BofA Merrill Lynch fund manager survey shows U.S. equity allocations plunging to lowest level in more than nine years.