Investors Continue to Shun Equity Funds, PIMCO
The SPDR S&P 500 ETF had a 12% drop in assets in January alone, according to a Morningstar report.
State Street Cuts Fees on 41 ETFs
The move comes just two weeks after Vanguard surpassed SPDR in ETF assets.
Top Portfolio Products: BlackRock Launches Commodities ETF
Vident introduces a bond ETF, Wolf Hedge adds global fund, and Allianz rolls out a new fixed indexed annuity.
PIMCO’s Bond ETF Woes Widespread in Industry: Morningstar Expert
Morningstar’s Michael Herbst says other fund families in the fixed-income space are also likely to have same pricing problems as PIMCO’s.
What's Next for ETFs and the 401(k) Business?
Blackrock's iShares will close 9 target-date funds and 9 other ETFs geared for the retirement market.
Merrill Taps Veteran Exec for Affluent Operations
Mike Bitterly returns to the Thundering Herd after work with BlackRock.
Longevity Is Killing Us: BlackRock’s Larry Fink
BlackRock CEO Larry Fink is calling on government and business leaders to make the retirement funding crisis a national priority.
Low Interest Rates Are Driving Insurers Out of the Bond Market: BlackRock
Insurers are likely to move asset allocations as low rates challenge business models and profitability, says BlackRock’s global insurance industry outlook.
Demographic Nightmare: Boomer Retirement Disaster Looms
"We’re living into our 80s, 90s and 100s," says Wilmington Trust's Kathryn Karlic. "We’ll have four generations around a single pocket of wealth, with 80-year-old women taking care of their 100-year-old parents."
Bob Doll’s Top 10 Predictions on Economy for 2013
The typically bullish Doll predicts that the U.S. stock market will hit record highs even as the economy struggles.