Fed Raises Rates; So What Should Clients Do?
The Fed's latest move has implications for investments and management of short-term variable debt.
El-Erian Says Trump Loses Capital by Tackling Health Care First
Allianz's chief economic advisor says Trump's focus on health care may reduce the odds of achieving tax reform this summer.
VanEck Launches the First U.S.-Listed Green Bond ETF: Portfolio Products
In other product news, Morgan Stanley launched two sustainable investing portfolios.
Morningstar Files to Launch Its Own Mutual Funds for Advisors
The subadvised funds will replace current third-party funds that comprise Morningstar Managed Portfolios.
Voya to Pay $3.1M for Not Disclosing Payments Tied to Fund Sales
The advisor group will pay penalties for failing to tell clients about revenue collected from a third-party BD, the SEC said.
Gundlach: Fed to Raise Rates ‘Until Something Breaks’
The DoubleLine CEO is bullish on some emerging-market debt and Asia equities; bearish on Europe.
Betterment Rebuffs Buffett, Says Sage’s Advice ‘Doesn’t Work Anymore’
CEO Jon Stein makes the case that he can top Vanguard index funds, and advisors, in a heated CNBC interview.
GMO: How to Build a Better Target Date Fund
TDFs have “solved the behavioral problem” of getting investors to save for retirement “but not the investment one,” says Peter Chiappinelli of GMO.
Standard Life to Buy Aberdeen in $4.7B Stock Deal
Aberdeen’s largest shareholder will support the all-share deal, which creates a $811 billion asset manager.
Research Affiliates Launches Smart Beta Factor Valuation Tool: Portfolio Products
In other product news, Hartford Funds expands its socially responsible investing lineup.