Goldman Sachs Launches First Bond ETF: Portfolio Products
Nuveen also launched two new ETFs that track ESG criteria.
Vanguard Strategy Exec to Retire
Glenn Reed will step down, with Chris McIsaac taking over his responsibilities, the fund giant says.
Edward Jones May Reverse Stance on Mutual Funds in Commission Accounts
The firm, like Merrill Lynch, is considering "options" for its investor clients as the DOL rule's future remains in doubt.
TIAA Launches Robo-Advisor With Socially Responsible Options
Unlike most other robo-advisors, TIAA Personal Portfolio offers passive, active and socially responsible investment choices.
Fidelity Launches Municipal Income 2025 Fund: Portfolio Products
Also, Gurtin Municipal Bond Management launched a Municipal Social Advancement strategy.
Why Investors Often Underperform the Funds They Own
Morningstar's latest "Mind the Gap" report boosts the argument for why investors need advisors.
Markets Need a 30% Stock Drop or 50% Higher U.S. Yields, Or Not.
BofA says something has to give with Treasury supply building; yet hedging may explain the simultaneous bond and stock rally.
Impact Investing’s ‘Moment of Truth’ as Trump Exits Paris Accord
The head of a fossil-fuel-free mutual fund says Trump's withdrawal gives investors and companies the responsibility of reducing emissions.
Illinois Cut Near Junk by S&P, Lowest Ever for a US State
S&P also warned that the state could soon lose its investment grade status if the governor and legislature don't agree on a budget addressing deficits.
ETFs and Cash Trump Mutual Funds in Advisor Usage
Exchange-traded funds continue to gain popularity at the expense of mutual funds among financial advisors, according to a new survey by the FPA.